Money 4 Nothing

De: Money 4 Nothing
  • Resumen

  • A podcast on music and capitalism hosted by Saxon Baird and Sam Backer. Dropped every other week.
    Copyright 2016 Saxon Baird. All rights reserved.
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Episodios
  • Taking on Ticketmaster (W/ Kevin Erickson)
    Aug 28 2024

    This summer, the other shoe finally dropped on Ticketmaster/Live Nation.

    After decades of complaints by everybody from Pearl Jam to Zach Bryan (and after several years of increasingly intense Post-Swifty scrutiny), the Justice Department has filed a lawsuit accusing the massive firm of being a monopoly. In it, lawyers argue that the company is built around size and market-share—allowing it to harvest vast profits, prevent the emergence of meaningful competition, and damage the interests of both artists and fans. If the DOJ wins? That monopoly might get broken up. And what happens then is anybody’s guess.

    Given the importance of live performance to the music industry, all of this is…a really big deal. Which is why we were delighted to talk all things restraint-of-trade with Kevin Erickson, the director of the Future of Music Coalition. Crucially, it’s not just that any major regulatory move could shatter the long-standing, “convenience-fee”-driven status quo. Turns out, Ticketmaster/Live Nation has its fingers in a LOT of pies. Even the lawsuit itself could go a long way towards revealing the hidden influence that the powerful company has exerted on everything from touring schedules or merch practices to advertising cultures and venue sustainability. Discovery? Can’t Wait.

    Come for platform monopolies slowly strangling your favorite local venue. Stay for…that too, because it's SUPER real. But also for a pragmatic perspective on our musical ecosystem—and the rare chance to change its trajectory for the better.

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    Music: King Tubby - "African Roots"

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    1 h y 23 m
  • AI Music VS. The Lawsuit Tsunami
    Aug 5 2024

    In recent months, AI companies like Suno and Udio have been in the news for the incredible promise of their text-to-tunes tech. Just type in a few phrases, and… an original piece of music of your very own, created in seconds. It’s a revolution! At least that’s the narrative being pushed by the world of venture capital, which has thrown hundreds of millions of dollars at the fledgling firms. To better understand what these companies are promising—and what they could do to the music industry—Saxon and Sam think through some possible futures, from the mind-bendingly good to the vast universe of echoing slop.

    But even if the tech is there, the world might not follow along as smoothly as the CEOs would like. In particular, the major labels, incensed at what they believe was the wholesale theft of their copyrights, have launched a series of lawsuits aimed at kneecapping the wannabe unicorns. This past week, Suno and Udio responded in startling fashion. Yes, it turns out, they did indeed train their models on recorded music. But it wasn’t stealing, because… the recordings were already online? At stake is more than just the future of not having to learn Garageband in order to make mediocre house. Instead, the battle over audio is shaping up to be a defining moment for generative AI more generally—a conflict with billions on the line. Come for our new theme song. Stay for the techno-social dynamics of copyright within sonic capitalism.

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    1 h y 8 m
  • Are you Ex-Sphere-enced?
    Jul 15 2024

    Live music continues to evolve in our post-covid, pre-bird flu world—and nothing even approaching a new normal has yet to appear. To try and get a handle on the complexities of a constantly-moving situation, Saxon and Sam decided to go...both big and small.

    By small, we're talking about the ticket sales for the Black Keys (very canceled) stadium tour—one of a raft of recent underselling events (lookin' at you Coachella) that have kicked up all manner of concern among the music press. What's happening? Well, it's some combination of the internet, the resale market, rapacious monopolies, inflation, and...mimetic vibes? That all? We discuss.

    And if that's not heady enough, we try to wrap our heads (if not our eyes) around The Sphere—James Dolan's energy-draining, future-baiting, Knicks-helping monstrosity in Las Vegas. Is it the logical endpoint of digital-age concerts? Berghain for Baby Boomers? A utopian use of finance capital in a dark age? An inevitable tax write-off? And...who can actually fill it?

    Come for The Sphere in the age of mechanical distraction. Stay for The Orb.

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    1 h y 6 m

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