What Does Private Equity Mean for the Music Business Long-Term?

But it doesn’t feel too early to ask what might happen in a world where artists keep more or even most of the value that they create. This is personally relevant to me, of course, as a creative type who also stepped away from a “major” — a staff job at a big publication — in favor of selling my work directly to readers. But the larger cultural cons... See more

music producer 3LAU just sold the first tokenized music album, an NFT version of his album, Ultraviolet, for $3.6 million. The NFT is also redeemable for additional perks such as a customized song. Again, it’s possible for creators to tie directly economic flows to these items, enabling holders of assets to receive revenue from the project as it la... See more

What's driven the growth of this industry for the last five to 10 years is this emergence of streaming. We just talked about how it's more than half the business today. It was single digit seven years ago and so that's just been rapid. All of the growth of the value of streaming has basically come from a few developed markets, historic markets that... See more

Matching revenue with usage is intuitive, but it was never before possible in music. There was no way to track at-home record spins or CD plays, let alone charge for them.