Sony Music’s Acquisition of Kobalt’s AWAL Raises U.K. Regulatory Concerns

The U.K. regulator Competition and Markets Authority has raised concerns around Sony Music’s purchase of Kobalt’s recorded-music services division AWAL, after the first phase of its investigation into the acquisition. The investigation found that the distribution of recorded music in the U.K. is currently “highly concentrated,” with the three major labels accounting for the majority of the market and Read More …

Non-Fungible Tokens: How ‘Punk’ Crypto Trend Gave Rise To NFTs For Digital Art

Non-fungible tokens or NFTs are technological capitalism’s answer to its own limitations. By overcoming the physical nature of virtually every object and allowing their safe storage on a digital blockchain has changed how investors and buyers perceive the market in a world dictated by all-things-digital. Source: Non-Fungible Tokens: How ‘Punk’ Crypto Trend Gave Rise To Read More …

Anti-Piracy Alliance Calls For a ‘Staydown’ Requirement in EU’s Digital Services Act 

The Audiovisual Anti-Piracy Alliance has compiled a list of amendments to improve the Digital Service Act proposal, which is the official successor to the E-Commerce Directive. The group calls for staydown requirements, to ensure that pirated material stays offline. In addition, it would like to see repeat copyright infringers being permanently disconnected. Source: Anti-Piracy Alliance Read More …