This is what's considered innovation. It's not innovative in that he's solving a problem but just an innovative way to try make more money.
What's to say he's not trying to provide an innovative service? It'd be interesting to be at least able to license most pop music from one place, not that this is an ideal way to get there. If he prices pop music out of the culture, then less popular music becomes a viable alternative.
A Man Who’s Spending $1B to Own Every Pop Song
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Re: A Man Who’s Spending $1B to Own Every Pop Song
#32all this means is that musicians need to find a way to own their masters. You will never see Chance The Rapper sell his masters for the very reason this guy is buying up rights.
Re: A Man Who’s Spending $1B to Own Every Pop Song
#33Re: A Man Who’s Spending $1B to Own Every Pop Song
#34Not a bad idea. Finding avenues to rent-seek seems to be the winning strategy, especially with all the cash floating around looking for returns.
Re: A Man Who’s Spending $1B to Own Every Pop Song
#35Not a bad idea. Finding avenues to rent-seek seems to be the winning strategy, especially with all the cash floating around looking for returns.
I swear, even the Aztecs had a less destructive system.
Re: A Man Who’s Spending $1B to Own Every Pop Song
#36Earlier quoted context omitted.
Oh how I totally disagree with you... I thought I'd never move on to listen to "what kids listen to these days" and "most of it is crap". And then a cousin (with similar music taste) pointed me to "Post Rock" genre.. Mogwai (yes from the movie), Bloc Party, Sigur Ros, God is an Astronaut, 65daysofstatic.. I now split my time between good old classic heavy metal (Iron Maiden - Iron Maiden)(anything after 7nth son is j…
Strange to see Block Party in this list! Also post rock had its time in the late 90s / early 00s. Doubt we can put it in the category “what kids listen to these days”. This category today is more along the lines of Post Malone and Lil Yachty.
> new songs ans creativity destroys value of old songs […] new songs have no incentive at all to emerge
and though it's probably not the most popular genre today, there's plenty of post rock being made these days: https://www.reddit.com/r/postrock/wiki/albums/2019
Re: A Man Who’s Spending $1B to Own Every Pop Song
#37Earlier quoted context omitted.
[flagged]
Extreme wealth inequality has been found to be bad for both the poor and wealthy individuals and for society, in terms of happiness
1. What study? How do you know it's causative and not correlated? Should we make policy decisions based on this study?
2. Are you saying the reason some people are poor is because others are rich? If so, why?
3. Does this mean we should have someone arbitrarily decide what too rich is and take their money to redistribute it?
Re: A Man Who’s Spending $1B to Own Every Pop Song
#38The issue there is that new songs ans creativity destroys value of old songs and so this way of treating copyright plus no entries to public domain means that old songs will be pushed forward all the time whereas new songs have no incentive at all to emerge. Especially if distribution is consolidated between a few actors.
Oh how I totally disagree with you... I thought I'd never move on to listen to "what kids listen to these days" and "most of it is crap". And then a cousin (with similar music taste) pointed me to "Post Rock" genre.. Mogwai (yes from the movie), Bloc Party, Sigur Ros, God is an Astronaut, 65daysofstatic.. I now split my time between good old classic heavy metal (Iron Maiden - Iron Maiden)(anything after 7nth son is j…
/shameless selfplug
Re: A Man Who’s Spending $1B to Own Every Pop Song
#39This new moment of marketization is interesting to observe from the sidelines. I'm a musician but I've never gotten paid for making music and don't want to be. This way, songwriting and playing music can remain something I do purely for the intrinsic joy of it. And it's not really so long ago that, if you wanted music in your house, you had to play it yourself. I have nothing against recorded music or professional mu…
Re: A Man Who’s Spending $1B to Own Every Pop Song
#40Has he never heard of the Hunt Brothers and their attempt to corner the silver market? Supply & Demand dictates that prices can go higher than you are liquid. https://en.wikipedia.org/wiki/Silver_Thursday