How blockchain could help musicians make a living from music

In the decade and a half since Napster, it’s got harder for musicians to make a living, at least from recorded music. Falling CD sales, illegal downloads, the low payments from legal music streaming platforms, and a shift towards buying single tracks rather than whole albums all play their part.

Recently, a number of music industry projects have turned to a particular technology as a possible solution to these problems. These include Mycelia, launched by singer, songwriter and producer Imogen Heap, and Dot Blockchain Music, launched by PledgeMusic founder Benji Rogers. Then there’s Ujo Music, Blokur, Aurovine, Resonate, Peertracks, Stem and Bittunes, which already claims users in 70 countries. What links these projects is that they all are based on blockchain.

Source: How blockchain could help musicians make a living from music

Blockchain: Music Without the Middlemen?

Music Ally’s ‘Blockchain: Music Without the Middlemen?’ event tonight tried to get beyond the hype to understand what blockchain technology really means for musicians and the music industry.

Our panel comprised: Simon Edhouse, MD of one of the world’s first bitcoin music platforms, Bittunes; Maria Forte, an independent consultant who’s worked on everything from EMI’s sampling department to Radiohead’s In Rainbows campaign; Benji Rogers, founder and chief strategy officer at PledgeMusic; Alex Amsel, blockchain consultant and co-founder of Ownage; Mark Douglas, CTO of music-licensing body PPL.

Source: Blockchain: Music Without the Middlemen?

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