Technology

Global Pubs Turn to Blockchain and Crowdfunding

In the wake of changes to Canada’s fair use copyright laws, Access Copyright, the company tasked with collecting fees for content licensing in Canada, has seen revenue from reuse rights decline steadily for several years running. In reaction, Access Copyright has poured resources into Prescient Innovation, an affiliated company that has been working on blockchain solutions for publishing.

Source: Global Pubs Turn to Blockchain and Crowdfunding

ASCAP Launches Research & Innovation Initiative 

ASCAP has launched the Advanced Research & Innovation Initiative to explore how advanced technologies, new business approaches and creative collaborations can drive value for its music creator members and music consumers. The new program will help to identify and develop new areas of growth and efficiency through technology accelerators, prototyping research projects, cross-pollination with the startup community, and knowledge-sharing through a bi-monthly speaker series.

Source: ASCAP Launches Research & Innovation Initiative With Startup Summits, Speaker Series, More

South Korean conglomerate CJ Group develops music copyright system with Amazon’s blockchain 

South Korean conglomerate CJ revealed it has integrated with Amazon Web Services (AWS)’ Amazon Managed Blockchain Service to develop a blockchain-based music copyright management system. CJ OliveNetworks, the company’s subsidiary that oversees the beauty retail and technology arm, will lead the initiative, according to Yonhap.

Source: South Korean conglomerate CJ Group develops music copyright system with Amazon’s blockchain – TokenPost

How producers can get paid through streaming services

DJing requires actually possessing the music, and is usually collected in bulk, as even those DJs who are also producers rely heavily on tracks made by other people. Unfortunately though, widespread piracy means that many digital DJs aren’t paying for their music, and even when they do, it doesn’t generate much revenue for artists and labels – especially when online music stores generally keep at least 30% of the purchase price for themselves.

Source: How producers can get paid through streaming services

‘It is time for a change in how we think about music,’ says MIDiA’s Mark Mulligan

The future of music lies beyond the constraints of its current formats, says top industry analyst Mark Mulligan. Answers to questions like the relevancy of the album format, how streaming informs music creation and the internet’s ability to blur the line between recorded and live music will fundamentally change music as we now know it.

Source: ‘It is time for a change in how we think about music,’ says MIDiA’s Mark Mulligan

Hollywood Majors Regret Their Failure To Embrace A Smarter Web Strategy

Now, at a moment when Netflix is exponentially expanding as a content provider as well as a streaming platform, Hollywood’s tactical mistakes seem all the more painful. An early example: At a time when brick-and-mortar thinking already was on the fade, Viacom’s Sumner Redstone invested billions in Blockbuster’s vain initiative to control the DVD-rental business.

Source: Peter Bart: With Streamers’ Clout Expanding, Hollywood Majors Regret Their Failure To Embrace A Smarter Web Strategy

Google Says a Change in Its Algorithm Will Highlight ‘Original Reporting’

In a blog post, Richard Gingras, Google’s vice president of news, said the changes to the company’s search guidelines would help it to “better recognize original reporting” and make it more visible on the internet. “This means readers interested in the latest news can find the story that started it all,” Mr. Gingras wrote, “and publishers can benefit from having their original reporting more widely seen.”

Source: Google Says a Change in Its Algorithm Will Highlight ‘Original Reporting’

Blockchain to Transform Print Media and Publishing in Italy

Disruptive DLT could eventually become a great solution to the sort of glitches existing in the media and publishing division. Every record of file that is properly recorded on a public blockchain are actually secure, rigid, unchanged and can be seen or accessed by any verified party in the network.

Source: Blockchain to Transform Print Media and Publishing in Italy

Get the latest RightsTech news and analysis delivered directly in your inbox every week
We respect your privacy.