The introduction of Platform Capitalism to the music industry through streaming services and online media brands more or less reoriented the music industry’s fu

The introduction of Platform Capitalism to the music industry through streaming services and online media brands more or less reoriented the music industry’s function of supply and quality of demand by flooding the market with valueless content in the form of user-uploaded music and evergreen “click-bait” articles. How quickly we forget the other platforms that used to dominate the music industry -- radio, MTV, distribution networks, music retailers -- that extracted maximum profit from listeners while excluding most artists from profits. It's a similar story in other media industries. B&N is regarded as a victim of Amazon's dominance of the book industry, but 25 years ago it was regarded as a heartless juggernaut devouring the book industry.