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Study: Impact of Distributed Ledger Technology on Music Industry
A thorough study of Camila Sitonio and Alberto Nucciarelli!
By investigating the industry’s supply chain, they argue that the on-demand streaming platforms (e.g. Spotify and Apple Music) have allowed consumers to easily access music products but have introduced a level of intermediation between artists and customers leading to inefficiency of the royalty payments systems. They discuss some applications, that would allow disintermediation of the industry, allowing artists to create and capture more value from their own products.
Music Ally and the BPI put together a stunning report on AI in music industry!
"We are entering an era where humans – from artists and songwriters through to A&Rs and
digital marketers in labels – will be complemented by AI in various forms, from algorithmic
composition tools to hyper-personalised playlists and messaging chatbots." Want to know the key trends?