MODA DAO, a new decentralised and autonomous organisation designed for Web3, has announced that it will be looking to utilise Web3 technology in the music industry. According to their website, their Music3 framework is specifically designed for the metaverse and “play-to-earn” era, and is “dedicated to the adoption of Web3
Image: Spencer Platt/Getty Images The increasing scrutiny into the streaming industry and its royalty models have reached a new high in the US. This comes after major streaming platforms including Spotify, Pandora, Amazon, Google and Apple submitted their suggested royalty rates for the 2023-2027 streaming period. In the US, this
Image: Viktor Hanacek A recent report has revealed that six major UK music giants have an average gender pay gap of around 25.3 percent. These companies include Universal Music, Warner Music, Sony Music, Spotify, Apple and Live Nation and the numbers reflect the average pay gap as of April 2020.
Image: Dan Sammons Following in the wake of Apple Music’s recent investment in DJ mixes and technology that supports copyright issues for DJs, Spotify has launched a section for streaming mixes. The section went live last week and features new content from Adam Beyer, Amyelle and Noisia as well as
Image: Overdrive Interactive A report released by the UK Government on September 21 in response to a recent report on the streaming industry has called for an inquiry into major labels including Sony, Warner and Universal. This comes after the release of the Economics of music streaming report by the
SoundCloud has shared results from their new user powered royalty system which was unveiled in March. The “fan-powered” model allocates the revenue from a listener’s subscription or advertising revenue directly to the artists who that listener is listening to in a given period of time. This is distinct from the
Image by Richard Drew A new article published by Rolling Stone has revealed that Spotify’s highest streaming artists still struggle when it comes to making any significant income. The report aims to expose the truth behind the lure of a lucrative ‘creator economy’ and also investigates platforms such as Patreon,
Streaming services are no stranger to controversy, especially when it comes to the poor payment policies they offer to the artists on their platform – the artists that are quite literally the backbone of their entire business models. However, we live in a society where sadly the arts are consistently
A new campaign entitled Keep Music Alive has been launched in order to call for a reform in the payment of artists. The economic and social difficulties the music industry is facing now is unprecedented, and the rate at which artists have lost their livelihoods is absolutely heartbreaking. Luckily, the
Apple Music, along with its other exclusive features such as Apple Arcade, are set to expand into 52 countries – mainly rolling out across Africa. One of the world’s leading technology corporations, and more recently within the past 5 years, music streaming giant Apple have announced that they will be
