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Music Ally Focus #18: NFTs + music - getting beyond the hype; what music can learn from sports; membership + tip economy for artists

Music Ally Focus #18: NFTs + music - getting beyond the hype; what music can learn from sports; membership + tip economy for artists

FromMusic Ally Focus


Music Ally Focus #18: NFTs + music - getting beyond the hype; what music can learn from sports; membership + tip economy for artists

FromMusic Ally Focus

ratings:
Length:
26 minutes
Released:
May 31, 2021
Format:
Podcast episode

Description

Music business news, analysed in brief by Music Ally's Stuart Dredge and Joe Sparrow. Joe 'n' Stu talk about understanding what NFTs *really* mean for the music industry and how they should be part of long-term thinking; what the music industry can learn from sports marketing; and how artists are making more money from memberships on livestreaming platforms than they are from touring. It's a recap of a few of the most impactful things they learned from Music Ally's Sandbox Summit Global conference, which happened in late May 2021.
Here are the links mentioned in the show:
The world's fastest motorised toilet: guinnessworldrecords.com/world-records/fastest-toilet
What can the music industry learn from sports and other sectors? musically.com/2021/05/26/what-can-the-music-industry-learn-from-sports-and-other-sectors
NFTs and music: ‘Proof of fandom, status, utility and engagement’ musically.com/2021/05/27/nfts-and-music-proof-of-fandom-status-utility-and-engagement
How can memberships and tips economies work for musicians?: musically.com/2021/05/28/how-can-memberships-and-tips-economies-work-for-musicians
Ⓜ️ Subscribe to Music Ally's industry-standard analysis, reporting and news: musically.com/subscribe
? Sign up for Music Ally’s free weekly newsletter, The Knowledge – an at-a-glance overview of the whirling, weird maelstrom that is the modern music industry: musically.lnk.to/knowledgepo
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Send in a voice message: https://anchor.fm/musically/message
Released:
May 31, 2021
Format:
Podcast episode

Titles in the series (100)

Analysing vital music business topics in detail, as they emerge. In our Focus podcast, Joe Sparrow breaks down important stories with expert guests, who share their cutting-edge knowledge – in about 20 minutes. It'll keep you and your team on the cutting edge, and it'll take about the same time as making and eating a good sandwich! (We recommend doing both simultaneously for maximum deliciousness.) Ⓜ️ Subscribe to Music Ally's industry-standard service: https://musically.com/subscribe ? Music Ally’s free weekly newsletter, The Knowledge: https://musically.lnk.to/knowledgepo