Spotify Paid Out $7B to the Music Industry in 2021; Styngr Partners with WMG; What's the Value of Unbundled Music?
platformstream.substack.com
Spotify paid out $7 billion to the music industry — labels, publishers and other rights-holders — in 2021, more than any retailer in history. Why is one music NFT worth 1ETH while another is worth USDC5? This is a question of valuation, but also a question about the intrinsic value of music.
Spotify Paid Out $7B to the Music Industry in 2021; Styngr Partners with WMG; What's the Value of Unbundled Music?
Spotify Paid Out $7B to the Music Industry in…
Spotify Paid Out $7B to the Music Industry in 2021; Styngr Partners with WMG; What's the Value of Unbundled Music?
Spotify paid out $7 billion to the music industry — labels, publishers and other rights-holders — in 2021, more than any retailer in history. Why is one music NFT worth 1ETH while another is worth USDC5? This is a question of valuation, but also a question about the intrinsic value of music.