Media +Technology Intelligence
The Music Fund enables artists who earn $5,000 or more from streaming annually to sell a percentage (which artists select) of their master-royalty income for a two-year period. TMF then fronts a lump-sum payment – not a loan or an advance, with no obligation on the recipient’s end – and the song rights revert to Read More …
Kino Lorber, the New York-based independent film distributor, is launching a free streaming channel dedicated to all things horror. The platform, titled Kino Cult, will be ad-supported and will featured hundreds of hours of curated films, with new titles added monthly. It bows in the U.S. and Canada on Oct. 1, right in time for spooky season. Read More …
Blockchain-based music distributor Blarecast Systems has announced the completion of a funding round led by Ayre Ventures. Like the majority of recent announcement messages concerning startups’ raises (and sales), the text doesn’t disclose the transaction’s financial specifics. However, a Blarecast Systems exec said that the round involved “’multi-million £ funding.” Source: Blockchain-Based Blarecast Systems Completes ‘Multi-Million’ Dollar Read More …
For many authors, advances and royalties from publishers have been declining dramatically, and subscription models & marketplaces such as Kindle Unlimited or Amazon have seriously undervalued the work of the writer. BookVolts gives writers a chance to earn up to 90% of every sale by using NFT technology to protect their digital assets. Source: BookVolts — the Read More …
‘New form of fandom’ attracting music’s big names Read More …