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MUSIC BUSINESS NEWS: Congress eyes Spotify Discovery • new Sonos releases • UMG’s Web3, NFT label goes meta • more

THURSDAY 5.12.2022 • Music Business News From Across The Web Updated Continuously Under MORE NEWS Tab Above

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Napster sold (again). This time blockchain, Web3 will save it and ‘revolutionize the music industry’

Napster has been acquired by Hivemind and Algorand, two significant players in the burgeoning web3 sector. Two years ago, Melody VR paid $70 million for Napster with big plans to. Continue reading

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3 ways to use Web3 to make money with music

While Web3 is not a cure for the problems that music creators face in the current iteration of the internet, Web3 promises to be more artist-centric and decentralized. by Janelle. Continue reading

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Is Spotify exploring Web3 as a new way to monetize free streaming?

Like just about every other company, Spotify is exploring Web3 opportunities – the distributed web catch all that includes the blockchain, crypto, NFTs and more. So far Spotify has been. Continue reading

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Water & Music DAO launches Artist/Music Industry Web3 Sentiment Survey

The Water & Music DAO has launched the first comprehensive survey designed to capture how artists and the music industry really feels about “current explorations and applications of Web3 in. Continue reading

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How NFTs, social tokens, and interdependence can add value to artists

In this piece, George Howard chats with musician, technologist, and editor Mat Dryhurst, taking deep dive into how the NFTs and Social Tokens can be integrated into the music industry. Continue reading

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