News

Taiwanese singer and songwriter Jay Chou and music entertainment brand JVR Music, which he co-founded in 2007 with Vincent Fang and JR Yang, have set their sights on the music metaverse. According to an announcement released by JVR Music on August 29, it will cooperate with Mints, a digital collection platform, to create a music metaverse […]

In just a few years, NFTs have gone from niche to mainstream. Now, they’re beginning to transform the music industry by providing artists with new revenue streams and new ways to connect with fans, as we explore as part of The Drum’s Audio Deep Dive. 2021 will be remembered as (among other things) the year […]

More recommendations, more organization Spotify has been working on a new design for its home tab that will create separate feeds for your music and your podcasts. The company says it’s part of an effort to give you more and better recommendations, but it also addresses a common criticism of the Spotify experience: with every kind of […]

At Coachella, drones were doing physical airdrops and there was an “Ether Egg Hunt.” If you’ve finally wrapped your head around the idea of artwork as NFTs—blockchain-based tokens that prove ownership of a digital asset—consider now how that concept could find its way back into the physical world. As quarantine restrictions lift, Web3 and NFT […]

Hollywood, CA — Steve Aoki the globally recognized, GRAMMY nominated music producer, artist, fashion designer, entrepreneur, and Web3 visionary is putting his NFT mascot Character X‘s next chapter, Replicant X – a replication of Character X – in the hands of his fans. Replicant X is the next chapter in the Character X saga and the beginning of […]

Streaming has revolutionized the way we consume music and revived the music industry in recent years after nearly two decades of a downturn. Global music revenue hit $26 billion in 2021 (its highest peak since the 90s!) and streaming continues to be the main growth driver, accounting for 65% of recorded music revenue worldwide. As […]

For musician and visual artist Jimmy Edgar, NFTs are intangible—but that’s not a bad thing. In the music world, Edgar has worked with the likes of Vince Staples, Charli XCX, Miguel, Machinedrum, and remixed Lady Gaga’s “Babylon.” But he’s also branched out on his own with NFTs. Edgar is releasing an Ethereum NFT collection on […]

Kobalt is expanding into the NFT business, revealing plans to release a ‘music lyric NFT’ collection called An Electro Revival. In doing so, Kobalt says it will become the “first global music publisher to release a set of fully licensed direct-to-fan NFTs”. In a media statement, Derek Cournoyer, Kobalt’s VP, Global Digital Partnerships, said that […]

More and more musicians are using NFT technology to take back control, leading to a web3 music industry that is healthier and more artist-friendly. Through music NFTs and NFT record labels, emerging and mid-tier artists are making a living, building communities, and breaking free from a traditional music industry that serves only the few. Not […]