Can OnlyFans save the music industry?
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Today on the show, Isabella joins me to get into why artists are opting out of traditional platforms and what it says about our growing divide between the haves and the have-nots. I want to talk more about what's going on with touring and why that seems like it has become less and less of a solid economic opportunity for artists, especially independent artists. In your article, Stephen Parker, executive director of the National Independent Venue Association, names Live Nation as the, quote, biggest threat to live touring in the United States because of their monopoly on the live music market. Can you give an idea of the allegations that artists or legislators have made against Live Nation or companies like it?
Yeah. So, I mean, you know, the Department of Justice and 30 states filed an antitrust lawsuit against Ticketmaster and its parent company, Live Nation, basically saying that because they have their hands in so many different aspects of live entertainment, you know, they own venues, they are involved in artist management, they're involved in promotion, they're involved in ticketing, that the fact that they have so much control over the industry might be enabling them to raise ticket prices significantly.
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