Disrupting the Record Label Business via NFTs

Record Label Business Model
Record Label Business Model

This post actually should be classified into two groups:

  • one is how investing in music publishing is being democratized.  
  • second is about the commercial application of blockchain/NFT that is being used as the conduit here

Record Labels Business Model

Before we move to how blockchain or NFTs are disrupting this space, it is important to understand how Record Labels (General term for Music Publishing Companies who are called Labels) make money.

This gentle soul was kind enough to explain me the doubts that I had over a Tweetstorm!  Yes, Kindness is still around.

Here's another quote on this -

Legacy model: Artists receive approximately 8% of revenue only.