A composer or performer could produce a body of work, like an album, and tokenize that work to willing investors and participants. Listeners, producers, and others would be able to front money to creators, giving them more upfront cash for their work, and simultaneously giving themselves a stake in what could be a very popular piece of media.
The United States Government has seized millions in cash and cryptocurrency as part of a movie and TV show piracy investigation carried out by Homeland Security Investigations and the MPAA. PayPal appears to have played an early key role by providing information on two subscription-based ‘pirate’ sites. From there, the rabbit hole deepened.
Beatport has launched a new subscription music streaming service for DJs, called Beatport LINK . The current beta version of Beatport LINK makes Beatport’s extensive music catalog available to stream directly into performance software.
Nashville music tech startup Soundstripe has closed a $4 million Series A financing round led by Vocap Investment Partners. Soundstrip offers subscription based royalty-free music micro-licences to YouTubers, advertisers and other video creators.
Under the deal, Comcast’s NBCUniversal will continue to license content to Hulu through late 2024. However, as soon as next year, NBCU will have the right to pull back programming previously licensed exclusively to Hulu (continuing to make it available to Hulu on a nonexclusive basis for a reduced licensing fee).
On the day that Uber went public, NMPA head David Isrealite used the IPO to fire the latest salvo in the escalating battle the pits music publishers and songwriters against Spotify and other music streamers.
Although overall there is a growing trend across Europe and the U.S. away from offering digital news for free, more than half of the news organizations — 53% of the 212 outlets included in the survey — continue to offer free access to digital news.
Star Trek acting legend and producer William Shatner has joined an initiative to tackle fake memorabilia and collectibles using blockchain tech. Shatner is partnering with Mattereum, a legaltech firm headed by former ethereum launch coordinator Vinay Gupta, to highlight its Asset Passport technology, which uses “legally-binding” smart contracts to record the authenticity of collectible items.
After facing questions earlier this year about the sustainability of its business model, Patreon—a platform that allows fans to provide recurring payments to their favorite authors, cartoonists, and illustrators in exchange for various rewards—added service tiers and changed its fees this month for creators who are not existing members.
YouTube and other tech platforms have argued that the only practical way to avoid liability will be to install even more restrictive content filters than the ones they currently have to prevent infringement. Frustrated creators and users may flee the platform if it no longer provides the outlet for their creativity or boredom.