The Crypt will collect, curate and showcase collectables across art, literature, music, photography, sculpture and digital media. NFTs are digital assets that represent real-world objects, such as photos, videos and digital art. Many artworks on The Crypt are available for immediate purchase or live auction.
Source: The Crypt: NFT art museum for the digital age opens online
MakersPlace, which auctioned Beeple’s art for $69.3M, has raised $30M for its digital art marketplace that uses nonfungible tokens (NFTs). The company will use the funds to acquire additional talent and scale the business in existing markets while exploring new ones. NFTs have become a big hit this year, with roughly $164 million in sales during the past week alone.
Source: MakersPlace raises $30M for NFT digital art marketplace
E-NFT.com is a new streaming platform designed specifically for NFT music that allows artists to restore creative control while still ensuring fair compensation. With a $1 purchase price, it provides fans with cheap access to distinctive music by major performers.
Source: The Future Is Here With Emmersive Entertainments NFT Music Streaming Platform
Starting in 2022, NBCUniversal will have the right to cancel most of its content-licensing agreements with Hulu and could decide to bring its programming exclusively to Peacock. Analysts say ViacomCBS (which has launched Paramount Plus) and Fox Corp. (which owns free, ad-supported streamer Tubi) also are likely to claw their programs back from the streamer.
Source: Hulu’s Looming Content Crisis Underscores Need for Original Hits
The search giant has sent a cease and desist to the owners of the popular Groovy Bot, which lets Discord users play music from YouTube videos and is installed on more than 16 million Discord servers. Google wants the service gone within seven days, and Groovy is complying by shutting down its bot on August 30th.
Source: YouTube is forcing the popular Groovy Discord music bot offline
Prior to going exclusive, from December 2019 to November 2020, Rogan’s guests could expect to gain around 4,000 Twitter followers in the week after their episode premiered. After he went exclusive, that number declined by half to around 2,000, suggesting a drop in listeners.
Spotify is removing exclusive podcast episodes produced by studios it owns from other platforms – further dividing the podcast landscape. Spotify doesn’t get enough data if you listen to its shows via Pocket Casts or another app. The company admits as much in the announcement post to stave off angry emails about the change.
Source: Spotify Removing Exclusive Podcast Episodes From Other Platforms
In the past, a little ambiguity in entertainment contracts wasn’t necessarily a bad thing, but Disney’s reaction to Scarlett Johansson has lawyers less willing to leave things between the lines. As one top talent lawyer puts it, “If you’re going to ask for something, better be sure you’ll get it. Often, the smart ones conclude it’s in the best interest to not raise the issue. The last thing you wish to create is clarity that you don’t have what you wanted.”
Source: How the ‘Black Widow’ Battle Could Break the Mold on Hollywood Dealmaking
Streaming has massively complicated the whole royalties process with huge data sets now having to be processed and billions of micro-payments collated. Of course, that’s intimidating and it’s right to spend time making sure the calculations are accurate but the technology now exists to take the pain out of the process.
Source: Why Are (Some) Record Labels and Music Publishers Still Only Reporting Every 6 Months?
OnlyFans’ decision to ban sexually explicit content is reigniting an important and overlooked conversation around tech companies, content guidelines and sex work. However, the implications of this discussion go beyond just one platform and one marginalized group.
Source: OnlyFans’ explicit content ban should spark a conversation about a creators’ bill of rights