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A Man Who’s Spending $1B to Own Every Pop Song

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31–40 of 245 posts

Re: A Man Who’s Spending $1B to Own Every Pop Song

#31
post #17

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.

Hopefully it will make the world a better place!

Re: A Man Who’s Spending $1B to Own Every Pop Song

#32

all 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.

The publishing rights are where the money is. Owning the masters doesn’t help much.

Re: A Man Who’s Spending $1B to Own Every Pop Song

#33

Would be nice if he bought them to make them free.. this is just another capitalistic play by those who are already wealthy.. great..

[flagged]

Extreme wealth inequality has been found to be bad for both the poor and wealthy individuals and for society, in terms of happiness

Re: A Man Who’s Spending $1B to Own Every Pop Song

#35

Not a bad idea. Finding avenues to rent-seek seems to be the winning strategy, especially with all the cash floating around looking for returns.

Seems that's the way society ended up being structured. Perhaps we will all end up selling houses to each other and no one will have to make anything at all!

I swear, even the Aztecs had a less destructive system.

Re: A Man Who’s Spending $1B to Own Every Pop Song

#36
post #9

Earlier 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.

TBF GP's comment was responding to

> 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

#37
post #33

Earlier 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

What a juicy statement, I don't know where to start!

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

#38
post #4

The 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…

If you dig sigur ros and god is an astronaut, check out my post rock band MOLLY, we kind of go in the same direction :)

/shameless selfplug

Re: A Man Who’s Spending $1B to Own Every Pop Song

#39
post #15

This 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…

I mostly agree with this sentiment. However, even in the pre-recorded music times there was a pretty clear separation between the music people would play themselves at home and the music they would actively seek out to hear in a more professional environment (churches, concerts etc). When first recording mediums were invented, people were really excited specifically about being able to preserve and listen to the greats, not just any music.

Re: A Man Who’s Spending $1B to Own Every Pop Song

#40
post #27

Has 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

With songs though, they'll generate revenue while you're sitting on them. Silver doesn't do that.
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