In 2026, more than 200 European music festivals are owned by just four major groups. This striking figure was revealed in a recent study published by the European networks Reset! and Live DMA, highlighting two maps produced by researcher Matthieu Barreira.In Canada, a similar trend is unfolding, with one major player—Live Nation—accused of establishing a monopoly in the music sector through the acquisition of venues and cultural infrastructure. A recent episode of Enquête on Radio-Canada has shed light on this development, notably giving a voice to the Canadian network of independent festivals, Le REFRAIN, which is seeking to alert decision-makers and the public to the effects of the growing dominance of a “live entertainment multinational valued at $50 billion on the stock market”, accused of having established a monopoly in the United States by being present at every stage of live music events.By offering a comparative perspective on the situation in Canada and Europe, this discussion aims to build bridges between the two continents and explore possible courses of action to address a trend that poses a growing threat to the diversity of today’s music scene.A discussion organised as part of the Reset! Live Podcast series.With: Erica Romero Pender (Live DMA | ES), Patrick Kearney (Le REFRAIN), moderation: Théo Majcher | (Reset! / ALTER EGO (X) | FR)