1/ Why #MUSICNFT
If a label is willing to take a risk & advance you $1M for what they predict as a hit single, that means your #Day1 fans have been willing to bet on you for some time.
Selling your fans #royalties as #NFTs gets you that upfront cash you need to keep growing.
.@DylanDittrich Why don’t boutiques auction off drops & capture secondary market resale premiums themselves?
Less resale hype means demand wont outstrip supply, but there’s a lot left on the table…
Do brands regulate max MSRP? Profit enough off general releases?
#Sneakerhead
Do you as a fan care about having Meet & Greet opportunities lumped in with #MusicNFTs?
Linking receipts for dozens of stakeholders’ rights to pub/mech/sync royalties to #NFTs makes sense to streamline & track transfers of ownership.
But do you need NFTs for backstage passes?
As an independent artist with millions of streams, @Verite has always pushed the boundaries of creativity and experimentation in her career. Go behind the scenes of her single ‘He’s Not You’ with @nftnow before her drop this Thursday!
Full episode: https://t.co/xYsilfKOYh
The relationship between artists and listeners is shifting. We’re moving to a world where artists can turn to fans to fuel their careers, while bringing them along for the ride.
Eminem now has 3 songs over 1 Billion streams on Spotify - He also has production credit on all 3
- Without Me
- Lose Yourself
- 'Till I Collapse
Eminem becomes the first rapper to have production credit on multiple lead songs over 1bn Spotify Streams
In 2020 #BobDylan sold the publishing rights of his entire back catalog to #Universal for a reported $400M.
Today #Billboard values #Sony’s acquisition (back from Universal) of Dylan’s 60-year collection of lyrics and compositions at just $200M.
What happened?
@UMG@SonyMusic
We know recording artists can sell future song royalties as #MusicNFTs to raise capital--as an alternative to traditional, often predatory, label deals.
@RoyaltyExchange allows #YouTube#creators to do the same--by staking advances on future ad revenue.
https://t.co/RfYMlzjAcq