I don’t blog often on microsociology and symbolic interactionism. Fortunately, others do that very well. Case in point, this post over at the Sociology Lens, based on the merger of two of the largest talent agencies, William Morris and Endeavor (thereby creating the very large William Morris Endeavor):
This is a good opportunity to remember that these kinds of phenomena have diverse impact on the social structure. What is happening here is not just a matter of continuing economic concentration in different sectors of the corporate world. It is also a matter of cultural production. Following Bourdieu, one could argue that the merging of these companies and the constitution of corporate giants in the field of talent agencies concentrates power (and cultural and social capital) into fewer hands and reduces power for other social actors in the field of artistic production.