Sonicheck

Looking for investments in music & tech. Interested in copyrights, royalties, crypto and NFTs.

[Sonicheck @Sonicheck]

😱

https://t.co/G9OBZPgaTz

[Sonicheck @Sonicheck]

I purchased a few of this 😀

[Royalties via DK (we are not @distrokid) @DistrokidR]

Remember the NFT sellouts? 50,000 artists could sign up to use a covert art of theirs on a randomly generated monster NFT that Distrokid would sell? Word is that they all sold out first day and the money is now filtering through to the artists.
#distrokid #pay #money #royalties

[Sonicheck @Sonicheck]

Great post.

"Web3" is fraught with challenges.

A lot of its so-called promised could be realized off blockchain if done properly.

[Moxie Marlinspike @moxie]

Wrote some notes summarizing my first impressions of web3: https://t.co/16MoPROOGc

[Sonicheck @Sonicheck]

@PrincePRS_ @jjerxx Streaming services pay out 70% of their revenue to content owners. Twitch will grab a higher share.

[Sonicheck @Sonicheck]

@MrTomGray @Spotify @CMAgovUK @NadineDorries The rates are fixed (there are also MFN clauses in major label contracts, it's tricky to just lower on some releases and not others).

Most likely done in other ways.

[Sonicheck @Sonicheck]

@mk_actual @Carnage4Life Exactly. Taxes are on royalty payments are very complicated. I hope they thought it through.

[Sonicheck @Sonicheck]

@TheDotLord @Cooopahtroopa @soundxyz_ @imdanielallan It should, otherwise it's ficiton.

[Sonicheck @Sonicheck]

@avoiding_bears @noraj_williams Streaming vs downloads. Easier to monetize your top fans via downloads.

[Sonicheck @Sonicheck]

@topnotchautoaz Record labels have control, not the streaming services.

[Sonicheck @Sonicheck]

@RoyaltyDoctor Yep.

But I'd prefer to see value exchange vs donations.

This isn't a handout.

[Sonicheck @Sonicheck]

@CicatriceCiel @FromHerot0Zero @Dermbrau @Nibellion Right. I'm talking about a sustainable strategy, not a fraudulent one.

[Sonicheck @Sonicheck]

One more

https://t.co/7qqDpHyuKl

[Bond @joinbond]

Without further ado.. we're honored to announce Hip Hop legend, innovator and entrepreneur @Nas will be the first artist to drop his music on royal on January 11th! https://t.co/TkyWvOJOvY

[Sonicheck @Sonicheck]

@Bowi_tcm @FromHerot0Zero @Dermbrau @Nibellion Exactly. And there are different ways to structure it. Artists can keep decision-making powers and investors get % of royalties.

[Sonicheck @Sonicheck]

Great summary on a few emerging platforms in the music NFT space

https://t.co/KCL8ao3i2b

[Sonicheck @Sonicheck]

@sliqpapi @PGabbyPrecious If music NFTs are done properly you should get future cash flows from royalties so it's more similar to real estate, it has value other than resell

[Sonicheck @Sonicheck]

@jamesearpmusic @crispinhunt @legrandnetwork @MrTomGray @IvorsAcademy @bpi_music Music revenues overall are still down vs 1999/2000.

Labels also make higher profits on streaming since they don't need to spend the cost of producing CDs.

[Sonicheck @Sonicheck]

@wewhothem NFTs don't magically make copyright issues disappear.

[MeekMill @MeekMill]

I got a whole mixtape can I block chain it? Where is jimmy eTh ?????????

[Sonicheck @Sonicheck]

@FromHerot0Zero @Dermbrau @Nibellion I don't understand how you can sell a music NFT without a right for a portion of future royalties. Doesn't make sense to me.