The growing popularity of the “Bowie” bond — a security backed by royalties — may sound strange, but it’s nothing new. In treating songs like annuities, capitalists prove once again that nothing is too sacred, or silly, to be commodified.

  • Da Oeuf@slrpnk.net
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    3 days ago

    Yes, in a purely free and meritocratic market it would. But the reality is that whoever has the most capital to invest in a release skews the market in their favour by getting a bigger share of finite attention/exposure, whether that’s radio plays or playlist placements.

    Free market capitalism is an oxymoron and a failure in its own terms, not just in the arts but across the board. And there will be no music on a dead planet.

    • SubArcticTundra@lemmy.ml
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      3 days ago

      skews the market in their favour by getting a bigger share of finite attention/exposur

      Oh, that makes sense

    • Auli@lemmy.ca
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      3 days ago

      Yes look at TS for that. Her dad bought all her CD’s when starting out, what does that get you radio play.