Music manager and investor Troy Carter criticizes music label management structures during a conversation about systemic racial disparities in corporate leadership.
Assertion Contradicted
Troy Carter: White executives literally hold 'head of Black music' titles
“You actually, believe it or not, have white people that are the heads of black music with a title at some of these companies.”
Prediction Not checkable as stated
Troy Carter: America will never achieve true racial reconciliation
“So we're still reminded of our place in, in, in this country, so you'll never get to reconciliation. We all know the truth, but we'll never get to reconciliation.”
Opinion
Music industry executive diversity is far worse than the NFL
“The music industry is much, much worse than the NFL. What black music has contributed financially to the music industry, What black culture has contributed, you know, financially to the music industry, and when you look at the ratio of actual black executives …”
Opinion
Troy Carter: America will never reach true racial reconciliation
“So we're still reminded of our place in, in, in this country, so you'll never get to reconciliation. We all know the truth, but we'll never get to reconciliation.”
Insight
Troy Carter: Black founders need equal capital access, not charity
“Like, those Black businesses should be held to the same standard of return on capital. It's just the opportunity to have access to that capital, have access to the support and training that Y Combinator companies may get, or that, you know, first-round capital…”
Opinion
Troy Carter: The era of high digital ad returns is over
“Because I just feel like you're never gonna get that return back from ads. What it is, is that, that era's over with, you know, so, so I feel like the storytelling piece of it is the way you can sort of get the attention you need around it.”