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get it in writing. A middle class solution? and prediction markets anybody?

Mar 23, 2026
Legal fallout from Chance the Rapper and manager disputes sparks a discussion about why agreements should be put in writing. A proposed direct-access streaming tier aims to boost artist income without raising prices. The idea of prediction markets like Kalshi and Polymarket is explored, weighing their potential effects on music industry forecasting.
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ANECDOTE

Chance and Pat Ended Up In Court

  • Lars Murray recounts the Chance the Rapper vs. Pat the Manager court dispute over alleged unpaid commissions and a countersuit.
  • The jury found for Chance, awarding him $35 while Pat sought $3.8M, underlining how artist-manager splits can end in litigation when unwritten.
ADVICE

Get Business Relationships In Writing

  • Do get key business relationships documented in writing to avoid costly disputes later.
  • Lars Murray emphasizes the artist-manager relationship's fragility and repeats the legal moral: get it in writing, per Pat's lawyer.
ADVICE

Back Artist-Centered Revenue Initiatives

  • Support artist-centered initiatives that create additional revenue paths rather than raising consumer base prices.
  • Lars Murray suggests artists and fans should back proposals like Louis Posen's to help musicians make a living.
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