El año pasado, Spotify no pudo obtener licencias mecánicas (control del titular de los derechos de autor sobre la capacidad de reproducir un trabajo musical) para muchas canciones en la plataforma. Esto perjudicó a los editores y artistas de música. ¡Spotify tuvo que pagarles más de 20 millones más una multa de 5 millones!
“Music is the weapon of the future”… and blockchain is the trigger.
Big streaming audio services had taken a huge piece of the pie, leaving artists with few crumbs, less control over their work and little knowledge of those who interact with it. The business had become so complex and powerful, so concentrated, that musicians like Taylor Swift and Jay-Z had taken themselves off of Spotify, which is not an option to all artists…
However, the time has already come for the whole music industry to collaborate on a healthy, sustainable, and frictionless ecosystem which benefits everyone in the value chain. I do want to listen to music that is made and given to me this way.
Last year, Spotify failed to obtain mechanical licenses (copyright holder’s control over the ability to reproduce a musical work) for many songs on the platform. This harmed music publishers and artists. Spotify had to pay them over 20 million plus a 5 million penalty!!!
Then you’re not alone. Whether you consume music on digital services and pay high premiums (Spotify, Apple Music), or, on the other hand, are a musician facing the music industry sharks, the whole industry is aggressively after your money and will give no truce.