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Can this be the answer to the Blockchain/Music industry problem?
- compil3r 10y agoThere are a few projects that are trying to tackle the music industry copyright issues, mechanical rights distribution and also p2p distribution of Creative Common releases. They all look promising, but none have seem to catch on a network effect. Early days?
- Stephen_T 10y agoIt would appear that once again the music industry is at point of disruption - whether it's Imogen Heap's Mycelia project or the one mentioned in this article, something is coming!!
- davidgerard 10y agoImogen Heap's product has, in the nearly a year it's been going, had total sales of ... $125. Also, what you actually got was authorisation to download the file (the song file certainly isn't on that blockchain). This has issues in that DRM still doesn't work. All of this is the record industry panicking at no longer controlling the means of production. However, the big problem with "selling" music is that the marginal cost of music distribution still approaches zero. Blockchains won't solve this.