In music, 80% of the concert industry is owned by Ticketmaster. A diverse universe of record labels is steadily consolidating down. A shocking percentage of Top

In music, 80% of the concert industry is owned by Ticketmaster. A diverse universe of record labels is steadily consolidating down. A shocking percentage of Top 40 hits are written by four Scandinavian men. Yup, love that he included this tidbit. A little dramatic, but practical. They figured out the formula, so they're a sound investment. Even Adele has a track with Max Martin on her new album. If there's a really cogent indicator of 'wealth disparity' there's nothing quite like looking into the "Top 1%" of music acts versus the rest. Not that music has, you know, traditionally been a great way to make a living, but the numbers are really exploitative in a lot of ways. It's quite indicative of the money first mentality I think, for music (and venues) to be consolidated (or allowed to do so) in such a racketeering fashion. Number 1: Don’t sell out...Do something because you believe it’s wonderful and beneficial, not to get rich. Oh, wow. I needed this. Mostly because it's such a futile thing to try and be independent as a musician and make a living...or really any money...but it's a personal decision, one based on principles. Glad he at least mentioned this concept for consideration.