11 Notes on Warner Music

European Straits #180

Hi, it’s Nicolas from The Family. Here’s a deep dive with a company that’s been in the news a lot recently: Warner Music. Then on Friday there’ll be a focus on the music industry for paying subscribers.

⚠️ First of all, I have a new article out in Sifted—one that I’ve been wanting to write for a long time: it’s about ‘social entrepreneurship’ and why we should be wary of that label. My view is that most challenges are best tackled by scaling up capitalist enterprises, and we should curb the current enthusiasm for things such as ‘social entrepreneurship’, ‘tech for good’, or ‘conscious capitalism’:

It’s not anti-social to solve real problems at scale using capitalism if that is the best approach to do so. Likewise, it’s not particularly social to decide to stay small by principle when you could insert more capital into your production process, generate those increasing returns to scale, and thus solve the problem for more and more people. Sure, it’s OK to renounce scale if that’s how you…