Steve Cooper may have stepped down from his last job as CEO of WMG, but he’s not shuffling away from the music industry just yet.
Web3-driven communities, an NFT drop for one of the biggest rock bands in history, and a songwriting camp in Miami Beach…
Jay Chou is the “King of Mandopop”, and has sold tens of millions of records – but is also known in his native Taiwan as an artist, actor, rapper, producer, TV presenter *and* fashion designer.
Charity the World Wildlife Fund recently faced the mother of all backlashes after announcing plans for NFTs (using Polygon).
Most deals between music companies and NFT startups have felt exploratory and experimental: toes being dipped in unfamiliar waters.
Primary Wave Music and NFTs firm OneOf have a big figure to shout about from their recent auction of an NFT for Whitney Houston.
We reported yesterday on distributor DistroKid’s non-fungibles move with its plans to get 10,000 artists creating ‘Sellouts’ NFTs.
You won’t find anything about that on the company’s socials any more though: one fast, fierce backlash from artists later, the company deleted its posts. It remains to be seen whether this spells bad news for the initiative itself.
Elsewhere, new music-related NFT projects continue to spring up. Yesterday, UMG’s 10.22PM label announced a partnership with World of Women to launch NFTs based on artist Kendra Jae. This follows its deal last week to launch cartoon band Kingship with NFTs brand Bored Ape Yacht Club.
A number of famous music brands are jumping on the NFTs bandwagon this week, starting with the Grammy Awards. The Recording Academy is working with OneOf, the music NFTs firm that launched earlier this year touting its eco credentials, on a series of NFTs based on January 2022’s Grammy Awards.
Rolling Stone magazine is also exploring non-fungible tokens through a partnership with the team behind the lucrative Bored Ape Yacht Club NFTs. An interview with the team will be accompanied by ‘digital cover image’ NFTs from the magazine, as part of a collection of seven that will launch on 8 November.
Finally, NFTs startup Fanaply is working with instrument brand ESP Guitars on a series of NFTs based on the latter company’s ‘Pyrograph’ guitars. Three NFTs have been released, each with only 30 versions available costing $100 each.
We reported in May on the launch of OneOf, a company backed by $63m of seed funding (not to mention Quincy Jones) that was aiming to make environmentally sustainable NFTs with […]
The early crop of music NFTs made stonks, even if the market has since settled down a bit. But it’s clear that the companies looking to help artists sell NFTs […]