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Analysis: plagiarism row between Ed Sheeran and Sami Chokri is latest in surge of lawsuits against musicians
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The music sector hit record revenues at $25.9 billion in 2021, which amounts to an 18.5% growth from 2020, according to IFPI’s “Global Music Report.” Of these nearly $26 billion, streaming drove the bulk of the growth, with a 24.3% increase relative to 2020. These patterns constitute great news for the emerging class of NFT musicians and […]
The company’s latest “Loud & Clear” report highlights artists’ wins in 2021.
In 2021, Spotify launched Loud & Clear, a resource for artists and industry professionals that breaks down the royalty system, the players, and the process. Today, we’re publishing new and updated information and data—and figures from 2021 that show further meaningful progress toward a healthier and more diverse music industry. Read on for our top… […]
Artists like Kanye West and Snoop Dogg are taking a stand against DSPs and removing music from streaming platforms. But who is it really benefiting?
According to a recent Rolling Stones article, A typical Spotify artist earned just over $12 per month. Well that 12$ will go far in a cafe for a day, but making a living off of streaming… well not unless you’re a top tier musician and that’s about just 1% of artists on the various streaming services. If […]
Beeple’s $69 million sale at Christie’s by artist Mike Winkelmann sold for $69 million sale at Christie’s. Others are not to far behind with. The highest legitimate sale for a CryptoPunk NFT selling for $11.7 million. While such numbers were unfathomable just a few months ago, investors have taken to NFT’s like Elon Musk has taken to Doge. While […]
Musicians are using NFTs to replace touring revenue, which is a huge problem in the music industry. The traditional methods of touring and album sales are not sustainable, and high-ticket prices have created challenges in the industry. In response to these problems, musicians using NFTs have increased in aggravated numbers as a solution. The most […]