Have you ever wondered why so many people hate record labels, and did you know 3 labels owned pretty much every other one? This is how music became a monopoly! Join my Discord! https://discord.gg/fERGcsYu6M Follow my Twitter! https://www.twitter.com/mattyballzz Follow my Instagram! https://www.instagram.com/matthewballs Listen on Spotify! https://open.spotify.com/show/2Mzn2CScIh1ebkDQRHkqXC Check out 2nd channel! https://www.youtube.com/@matty2squared A lot of the info from this video comes from this book: Chokepoint Capitalism: How Big Tech and Big Content Captured Creative Labor Markets and How We'll Win Them Back (long ass title) Timestamps: 00:00 How Music Became a Monopoly 01:06 The rise of the big 3 05:13 How is this possible? 11:53 The problem with this Business Inquiries: mattyballzbiz@gmail.com tags(ignore) music, record labels, universal music group, warner music group, sony music entertainment, SME, UMG, WMG, big 3 record labels, big three record labels, the big three, the big 3, how music became a monopoly Thanks for watching, I hope you enjoyed! #recordlabels #musicindustry