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Music is a winner-take-all markets. It makes it really hard for new musicians to break in. It also tend to be a sticky market, so those that have several hits r
by pdelgallego 6y ago
Music is a winner-take-all markets. It makes it really hard for new musicians to break in. It also tend to be a sticky market, so those that have several hits remain relevant for a long time. Winner-take-all markets are reinforced by feedback loops.