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The reason we don't have fractional ownership of pop songs is because that's a bad idea, not because we can't figure out how to organize it.
by jonfw 6y ago
The reason we don't have fractional ownership of pop songs is because that's a bad idea, not because we can't figure out how to organize it.
- ac29 6y agoDavid Bowie famously did securitize the rights to his songs for 10 years (1997-2007): https://www.investopedia.com/terms/b/bowie-bond.asp https://www.investopedia.com/terms/b/bowie-bond.asp
- puranjay 6y agoWhy would that be a bad idea? I don't know a single musician who says that record labels stealing 90% of their work is a good thing.
- jonfw 6y agoI'm not sure what NFTs have to do with record labels. Unless you're saying that the only reason we have record labels is because musicians can't otherwise keep track of who owns their work? Seems like a stretch