The growing popularity of the “Bowie” bond — a security backed by royalties — may sound strange, but it’s nothing new. In treating songs like annuities, capitalists prove once again that nothing is too sacred, or silly, to be commodified.

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[–] b_tr3e@feddit.org 49 points 2 months ago (22 children)

The music industry is dead. There is no music industry anymore. What once was the recording industry is now just a part of the finance industry. That's why nothing new has been coming up in the (mainstream) music world and that's why nothing but crap is on the movies. Why discover or produce anything new and risky when you can make good money selling and buing copyrights and bundling them into "finance product"? Why come up with new "products" for cinema when you have an ongoing and predictable(!) stream of profit from the 957th shitty sequel of a well established franchise?

[–] cecilkorik@lemmy.ca 22 points 2 months ago (5 children)

They won't stop there. AAA game developers and the awful productivity software giants like Adobe, Oracle and Microsoft themselves have already gotten everybody used to live service, cloud software, and subscription models where they have all the control and you're just renting. They will destroy indie software and games next too, if we let them, Microsoft's TPM requirement on Windows 11 is likely just the first step in putting up unbreakable walls around their garden, which they would build even faster if Linux weren't providing real competition they can't just buy to suppress.

[–] masterofn001@lemmy.ca 2 points 2 months ago (1 children)

"You will own nothing and you will be happy."

[–] interdimensionalmeme@lemmy.ml 1 points 2 months ago* (last edited 2 months ago)

Well, at least the first part
https://www.youtube.com/watch?v=2hhcdIemIkg

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