Category / creative industries / hackathon
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Tuning the Music Ecosystem’s Transition
music x tech is about collaboration. Team building is about getting different people to work on one project. Nobody is the same — and that is perfect. Because every member of the team can contribute new and fascinating facets regarding your project. You might never have thought about the challenge your fellow members do. It is like opening a door you just discovered. A team works best if, right from the beginning, they explore their project’s scope together.
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Blockchain as an opportunity for collecting societies
At the centre of the practice-oriented article is a draft for mapping the blockchain concept to the music industry, which is based on statements from an interview study. Blockchain architectures can strengthen the attractiveness and position of collecting societies. However, a successful introduction of these technologies requires a detailed assessment of blockchain, a needs analysis of the music industry and, above all, a solution to the metadata problem. Integrating the new concept requires coordination and communication in the form of collaborative approaches based on transition management principles.
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Blockchain for Music Business: Preventing the Threat of Disruption
Blockchain has the potential to trigger disruptive processes. If Blockchain is used in the music industry, a framework must be defined to prevent potential damage. A collaborative approach, agile methods and transition management are identified and proposed as tools for successfully shaping the effects of the disrupted processes. Transition management in particular is recommended as an approach for research. The article applies blockchain concepts to areas of the music industry using examples.
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Unsigned vs Signed: Do Artists Benefit from Blockchain?
Since 2015, you can’t escape Blockchain in music. There is a myriad of projects based on Blockchain, and expectations are extremely high. It’s like 21st century’s Holy Grail to music business if you believe some people. But, what exactly are the advantages for artists? Since some declare Public Rights Organisations (PROs/collection societies) like GEMA, PRS, and ASCAP obsolete with the advent of Blockchain, what about members of PROs? Who will be better off, independent artists or signed artists? Or is Blockchain just another technology that only the major labels and tech giants like Apple, Google, and Spotify will benefit from?
