Is the music industry's future on the blockchain?

As we talked about briefly earlier, the publishing part of this business, which is still a teens part of revenue and profits, their core function is to go track down usage of the content and get paid for it. Well, a blockchain does that for you just using good old fashioned cheap technology. I think there is a challenge to the industry, the publish... See more

Despite the recent downturn, the music industry’s interest in web3 is still as strong as ever. Artists, managers and labels are all coming around to the idea that web3 represents a massive opportunity to re-architect how musicians earn a living and connect with their fans. As an artist or manager, you might be wondering what your web3 strategy is g... See more

This is reflective of a broader trend—artists want direct ownership over the relationship with their fans, and to be compensated based on how these fans interact with their music. Case in point: SoundCloud’s recent foray into ‘fan-centric’ payouts, Deezer’s continued experimentation with user-centric payout models, and the ongoing parliamentary inq... See more