Emeritus Prof Christopher May's Post

The record industry is (yet another) oligopoly, but in this case the people who are being harmed are not so much consumers as the musicians.... yes, music expenditure is on the rise, but little of that gets to the artists themselves, unless they are one of the lucky mega-bands touring the world.

As in so many other sectors, progressive consolidation has centralised power & money in a small number of corporations who exploit both suppliers & consumers!