Blockchain streaming service Audius under scrutiny already

Music Ally reported on the launch of decentralised streaming service Audius in September, and wondered whether its “censorship-resistant” features (or as one report put it, ‘anti-takedown) might cause problems if people started uploading copyrighted music. A few weeks on, and other journalists are asking the same question. The Verge goes in strong, describing Audius as “a […]

Audius takes on SoundCloud… but takedowns could get interesting

Music Ally first wrote about blockchain-music startup Audius just over a year ago, when the company raised a $5.5m funding round (a traditional one, not an ICO) for a platform described as ‘SoundCloud on the blockchain’. The following month, it revealed that its advisers included Beatport CEO Robb McDaniels; former Avicii manager Ash Pournouri; Pandora head of artist product Shamal Ranasinghe; […]

eMusic boss joins 7digital board and reiterates blockchain ambitions

As expected, B2B digital-music firm 7digital has appointed eMusic boss Tamir Koch to its board of directors, alongside entrepreneur David Lazarus. The move comes as the company tries to raise funding to stave off the threat of administration at the end of July. Koch will be the non-executive chair of 7digital’s board, and has reiterated his ambitions […]

Spotify CEO says Libra currency could help listeners ‘pay artists directly’

Earlier this week, Facebook announced a new blockchain-powered currency called Libra, and a digital wallet for it called Calibra. Spotify was among the companies backing the plans by becoming a founder member of the independent Libra Association. Now Spotify CEO Daniel Ek has been talking about his hopes for Libra, including the suggestion that it […]

Spotify explains why it’s backing Facebook’s Libra cryptocurrency

The recent leaks were correct: music-streaming Spotify is on board as one of the first backers of Facebook’s new Libra cryptocurrency. The social network will launch a cryptocurrency called Libra in 2020, complete with a wallet developed by the company’s new Calibra subsidiary. And backing all this is The Libra Association, which Facebook says will […]

RAC and Goldroom launch a blockchain record label

Dance artists RAC and Goldroom (aka André Anjos and Josh Legg) have launched a new label called Minerva Music. Its twist: it has put blockchain technology at the centre of its distribution strategy. The company is working with revenue-tracking startup Stem, as well as blockchain firm Ujo Music. RAC is no stranger to the latter, having […]

DotBlockchain founder Benji Rogers is leaving the company

Benji Rogers was one of the earliest people in the music industry talking about the potential of blockchain technology, and he founded a company – DotBlockchain – to try to deliver some of that potential. Now he’s moving on. “As of today, I will be departing the epic and amazing company that I co-founded, DotBlockchain […]

MyMusicTokens keeps tabs on blockchain-music startups

AudioCoin, Musicoin, Opus, Aventus, Musiconomi and more… Music Ally has written about a variety of startups exploring the crossover between blockchain technology and the music industry, with several of these companies having launched their own ‘tokens’. Now there’s a site for keeping track of AND trading those tokens. It’s called (sensibly enough) MyMusicTokens, and is billing […]

Revelator’s Original Works to handle rights and daily payments

Israeli music/tech firm Revelator is launching a new spin-off called Original Works, whose ambitions include processing and paying out streaming royalties to musicians and rightsholders on a daily basis. The post Revelator’s Original Works to handle rights and daily payments appeared first on Music Ally. Source: Music ally

Sandbox Issue 219: The Tools and Trends That Will Shape 2019

Lead: A new year and a new slate. To kick off the year, we speak to marketers around the business and around the world about what tools they think will be indispensable and what trends they believe will shape 2019. From AR filters and scarcity to algorithmic personalisation of playlists, the continued rise of Latin […]

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