Media +Technology Intelligence
The service comprises roughly 31 percent of the music streaming market, outperforming Apple Music and Amazon Music, according to a report from Midia Research. As such, other major podcasters and musicians have been hesitant to jump into the fray — even if they may have existing qualms about their relationships with the Stockholm-based audio platform. Source: Spotify’s Joe Read More …
Twitch will strike up a partnership with independent digital music licensing group Merlin, marking the Amazon-owned livestreaming platform’s latest effort to get cozy with the recording industry. Merlin and Twitch note that the partnership will “unlock live experiences worldwide” and open new marketing channels for Merlin members, including through Twitch’s incubator for musicians, The Collective. Source: Read More …
Bob Iger sees ‘extraordinary’ possibilities for Disney NFTs—but called out OpenSea for the levels of copyright infringement in NFTs sold on its marketplace. “When you think about all the copyright and trademarks, characters Disney has, and the NFT possibilities, they’re extraordinary,” Iger said. Unsurprisingly, given Disney’s iron hold over its copyright, Iger was concerned about the level Read More …
OpenSea, the internet’s largest NFT marketplace, has made a startling revelation that over 80 percent of NFTs minted using its free tool are fake, plagiarized or spam. Earlier this month, the company raised $300 million in funding, reaching a staggering $13 billion valuation as it rode on a claimed 600-fold surge in the trading business. Source: Over 80 Percent Read More …
The bustling sports NFT collectibles market is about to add another potentially major player. Today, 68-year-old magazine Sports Illustrated announced an alliance with NFT startup OneOf to launch a sports NFT series on Polygon, with an initial lineup of nine sports icons including Muhammad Ali, Wayne Gretzky, and Mia Hamm. Source: Sports Illustrated, OneOf to Launch NFT Marketplace on Polygon – Decrypt