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Taylor swift buckled and went back onto spotify and apple music, and ticket resales... what has that got to do with 'selling music online?'. That's nothing to do with royalties, blockchain, anything. Great rebuttal there, well thought out..
Are you for real Davey? The artists have all the power they need to make the necessary changes like this. Taylor Swift made a stand with Spotify, look at Ed Sheehan making a stand against ticket resale’s. One by one at the end of the day, it’s about their earning so they’ll call the shots. You’ll still spout out any old crap to slate this company.
Indeed, all the big boys, iTunes, Google music, spotify where 99.9 percent of all music is downloaded and streamed from, could use a blockchain system. That is, if they wanted to help out the artists. There is no gain whatsoever for those companies for what is involved, they will make less money, and it's not like the artists can go anywhere else as the big boys have the monopoly and control the rights to the two main devices, iPhones and android that 99 percent of all content is downloaded down to. Blockchain in music is a pipedream....the end user doesn't give a crap as it makes no difference to them, the sites don't want to as it will make them less money. The only people that care are the artists. But they have no power.
This is from the Catanae PR firm page and Forbes Magazine. It is difficult to pay fairly for creative work in a digital world where it is easy to share and distribute copies, so royalty payment mechanisms are ripe for disruption. For example, music streaming sites and rights holders struggle to agree on compensation for trillions of song streams, leading to legal fights such as the $1.6bn lawsuit against Spotify. The Open Music Initiative (OMI), composed of 200 members including the three major labels Sony, Music, and Warner, as well as YouTube, Netflix, Spotify, and Viacom, seeks to modernize royalty payment mechanisms. OMI revealed last week on CNBC that it’s considering blockchain as a foundational technology. The vision? A transparent blockchain-based ledger that contains music assets and their rights holders. Smart contracts can then automate royalty payments based on a song’s consumption, including streaming https://www.forbes.com/sites/nelsongranados/2018/01/04/what-blockchain-has-in-store-for-media-and-entertainment-in-2018/#4bce2f671f44