Money 4 Nothing cover image

Money 4 Nothing

Oligopoly in the U.K. with David Turner of Penny Fractions

Aug 3, 2021
01:15:13

What would happen if a government took a serious look at the music industry and decided everything wasn’t alright? To our surprise, the UK Parliament has done just that, issuing a blistering report on label consolidation, monopolistic abuses, and streaming payouts—and issuing some interesting suggestions about how things could change. To help us dig in, we're lucky to have David Turner of the must-read of the Penny Fractions newsletter back on the show. We talk about the potential benefits of payola, the systemic oppression of advances, the awe-inspiring power of government-backed research, and why it’s so important to start music biz histories before the year 2000. As imperfect as they are, reports like this suggest a change might be coming. Figuring out what parts make sense—and what parts simply don’t—is vital prep work for the future.

 

Subscribe to our newsletter!

Follow Penny Fractions on Twitter!

 

 

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode