Music Biz - Can Artists Have More Money + Freedom?
On today's episode we'll be talking about the music: recorded music and concerts. 20 years ago, Napster and the MP3 crushed record labels and artist revenue. With Spotify, the revenue model is finally recovering (slightly). Still, iTunes, YouTube, Ticketmaster, and Live Nation control (monopolize?) the music and concert ticket industry. Smart contracts can hold music rights information to ensure that artists, songwriters, producers, and everyone involved in the creation of a musical work get paid out correctly and efficiently. Blockchain tech can help artists fund their projects. We discuss: RecordGram / TuneToken - a better system for royalty transparency for artists. SingularDTV - tokenized ecosystem for artists Viberate - smart contracts in the negotiation between musicians, booking agencies and event organizers Guts Tickets - an app for artists, venues, and fans