Blockchain-based platforms and programmable smart contracts promise increased independence and recognition within the industry. The potential new ecosystem for creative industries could usher in an era of independence for individuals who demand autonomy and increased recognition.
Source: Blockchain Best for Creative Artists Seeking Recognition
Mariya Gabriel
During a two-and-a-half-hour-long hearing Tuesday (20 June), Gabriel promised to strike compromises on some of the Commission’s most contentious proposals that are currently moving through negotiations, including new EU telecoms rules and a copyright reform bill.
Source: Gabriel breezes through cozy hearing on way to top EU digital job – EURACTIV.com
In letters last week to the Office of the U.S. Trade Representative, the entertainment industry’s wish list also included some bold intellectual property reforms, including curtailing safe harbors that protect Internet service providers from intermediary liability.
Source: Entertainment Industry Sends U.S. Trade Office a NAFTA Negotiation Wish List | Hollywood Reporter
One intriguing, unspoken pattern emerges from the report: all of the top six companies by global market capitalization in 2017—Apple, Google, Amazon, Facebook, Tencent and Alibaba, a combined market value of over US$3 trillion—are making aggressive investments in music.
Source: Mary Meeker’s 2017 Internet Trends: What Do They Mean For Music?
As expert advice is progressively harder to find, people are learning to adapt to the current system and innovate new methods of legitimising art. The lack of legal precedent on this issue allows for mishaps to happen without repercussions. Seemingly, the only other conceivable solution is to develop a tool that authenticates artwork from its inception by the artist.
Source: The Enduring Problem of Art Forgery: Confronting Old Issues with New Technology – culturised
The world of online publishing is in for an overhaul as the blockchain technology makes its way to it. DECENT Network, a digital content distribution platform, aims to reshape the online publishing industry. The platform, being based on Blockchain technology, is aiming to make the online publishing space more cost-effective, transparent and secure.
Source: DECENT Paves Way for a Transparent and Secure Online Data Distribution System – NEWSBTC
Blockchain startup Ujo Music first came to our attention when it worked with musician Imogen Heap in 2015 on the release of her ‘Tiny Human’ song. Since then, it’s been preparing to launch as a fully-fledged blockchain platform for musicians, with the company providing an update on Friday on its plans for an artist portal.
Source: Ujo set to unveil blockchain-powered artist stores for musicians
US-based online music rights marketplace Royalty Exchange has closed a $6.4 million convertible note to fund its growth. The company enables artists and rights-holders to raise money by selling separate assets – including mechanical, performing and sync rights – via online auctions.
Source: Royalty Exchange raises $6.4m as industry veterans join its board – Music Business Worldwide
When it comes to making books more discoverable through metadata, one size does not necessarily fit all. That is to say: metadata associated with a particular title is unlikely to perfectly fit every channel through which that title is marketed and sold.
Source: IPG | Flexing the metadata
We should stop thinking that Google or Apple are our enemies. They are not our enemies. The people behind these platforms are big music fans. But [their companies] grew at such a crazy speed that they didn’t even realise what the situation could be.