NFT trends include 50/50 split for musicians and visual artists

Music NFTs must be big business. Look, the Wall Street Journal is writing about them! And it’s a good summary of the current activity (and hype) around non-fungible tokens in the music space. That includes stats: journalist Cherie Hu’s calculation that since June last year around 29,800 NFTs involving artists have generated $42.5m in primary sales. […]

YouTube reveals $30bn payouts figure for last three years

YouTube CEO Susan Wojcicki has published her latest letter to YouTube’s community of creators, and as usual there are some new figures alongside the recap and future plans. The big number: “Over the last three years, we’ve paid more than $30 billion to creators, artists, and media companies,” wrote Wojcicki. She also provided an update on […]

UK’s Labour Party throws weight behind user-centric payouts

The debate about streaming royalties and ‘user-centric’ payments – primer here if needed – has largely been confined to the music industry so far. Could politicians get involved? Jo Stevens of the UK’s Labour Party, who’s the shadow secretary of state for digital, culture, media and sport, got involved during a radio discussion last night. Asked by presenter […]

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