NFT Music Stream bills itself as a decentralized music distribution system designed to empower artists through the wonders of NFTs. After artists in their droves complained that their songs were being distributed against their wishes, the platform admitted that the tracks were being pulled from YouTube.
Source: Disaster as “NFT Music Stream” Enrages Artists By Pulling Music From YouTube * TorrentFreak
The Big Three record label and two-year-old Curio – which was co-founded by former Universal Music Group, Universal Pictures, and Google higher-up Ben Arnon – announced their pact today. Having dropped its inaugural NFTs in February of 2021, Curio is now working with UMG on a “first issue” involving Capitol’s Calum Scott. These NFTs are expected to launch sometime next month, with “more details” to arrive “in the coming weeks.”
Source: Universal Music Group Inks Partnership Deal With NFT Platform Curio
Under the current economic model, in Aoki’s view, royalties aren’t even worth thinking about, but advances do help artists somewhat. “If I was to really break down, OK, in the 10 years I’ve been making music… six albums, and you [combine] all those advances, what I did in one drop last year in NFTs, I made more money. And also, I was way more unhinged with music,” Aoki said.
Source: Steve Aoki Says He’s Made More Money With NFTs Than From 10 Years of Music Advances – Decrypt
The founder of the blockchain-based film sales platform Cinemarket is launching Cineverse, an ambitious start-up that will make it possible for filmmakers, distributors and producers to market films directly using blockchain and NFT tech. Established by Cinemarket CEO Adrian Lugol and partners Vincent Lopez and Daniel Siegler, Cineverse will allow users to buy, share, gift, sell and resell films over the platform.
Source: NFT Film Platform Cineverse Promises to Boost Indie Film
The U.S. Copyright Office’s public consultation on the use of technical measures to identify and protect copyrighted content online has triggered thousands of responses. As expected, big tech and copyright groups are well represented. However, critical comments and warnings from the public stand out most.
Source: U.S. Copyright Office Consultation Triggers Massive “Upload Filter” Opposition * TorrentFreak
Though Paramount+ has yet to reach the subscriber numbers of Netflix, Disney+ and HBO Max, top executives at ViacomCBS are forging ahead with the company’s streaming revolution by relying on more revivals and reboots of nostalgic, fan-favorite IP and sequels of popular projects to draw in viewer interest.
Source: Paramount Goes All-In On Competing With Streaming Giants In Rebrand
The potential for a YouTube NFT marketplace is massive, based on the scale of the platform, and a lack of competition in video-specific marketplaces. OpenSea has captured 97% of all NFT sales and has proven to be the dominant platform at the moment. However, pictures and GIFs are the vast majority of content being sold on OpenSea and similar platforms.
Source: Commentary: YouTube can single-handedly shape the video NFT market
Amazon and Spotify are considering rival takeover approaches for Audioboom, the London-listed podcasting group which has seen revenues and its share price surge during the pandemic. Sky News has learnt that the two digital behemoths have been exploring bids for Audioboom in recent weeks, and could decide whether to make formal offers as soon as this month.
Source: Amazon and Spotify mull bids for London-listed podcaster Audioboom
Google was hit with an antitrust complaint from a coalition of publishers in the European Union on Friday, who argued that the company has “stranglehold” over the online ad market that threatens the news industry. The European Publishers Council — which includes the CEOs of The New York Times, Axel Springer, News UK and Condé Nast — wrote that Google has established a grip over the online ad market by illegally stifling competition.
Source: Google’s ‘stranglehold’ on online ads targeted by EU publishers in…
Our latest consumer survey has shown that Apple products and services consistently over-index across creator behaviour. People who create on social media are almost four times as likely than the average consumer to pay for Apple Music. Creators also strongly over-index as iPhone users, compared to strongly under-indexing as Android users.
Source: The past, present and future of the creator economy runs through Apple