How Blockchain Technology Can Improve the Music Industry - September 2018

Blockchain is a revolutionary technology that has great potential to solve many of the fundamental challenges facing the music industry today. In fact, this technology is uniquely suited to address issues across the various industry sectors, including rights management, licensing, copyright ownership, royalty tracking and reporting and the primary and secondary ticketing markets for live events. Likely, however, its adoption will be incremental and more evolutionary than revolutionary-- impacting the music industry in a segmented fashion, as opposed to a global transformation.

While still somewhat early in its adoption, now is the time for the music industry to focus on blockchain, how it may disrupt the music industry and how participants can leverage that disruption. As many formerly dominant companies have learned the hard way, when it comes to disruptive technology you have two choices - be the disruptor or be disrupted!

Please see full Article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Sheppard Mullin Richter & Hampton LLP | Attorney Advertising

Written by:

Sheppard Mullin Richter & Hampton LLP

Sheppard Mullin Richter & Hampton LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.