This occurs across a competitive backdrop in the industry that has seen increased M&A activity, be that major labels acquiring indie labels and distributors, or catalogue acquisition. Heritage rights retain a premium, and market share is being bought, arguably, at the cost of investment in new, innovative music. Independent labels talk of it... See more
The crowd is the flâneur’s indispensable counterpart: the crowd turns people into observable objects . In Edgar Allan Poe’s ‘The Man in the Crowd’ the protagonist pursues an intriguing figure through the streets of London for a whole night without ever being able to see his face: in big cities, one can stroll through busy streets without... See more
Blue Cross and Blue Shield began as nonprofits that insured all comers. But as big profit-seeking insurers targeted younger and healthier people, the Blues were left to insure the older and less healthy, which made it impossible for them to continue. They turned to making money. Now, private equity runs hospitals, into the ground.