Facebook’s Libra, even with all the regulatory hurdles it currently faces, is still going strong and forging ahead with its plans to launch the digital currency next year. A while back, Libra Exec David Marcus, after enduring several hours of questioning from the United States Congress, promised that the Libra will not be launched until all regulatory concerns have been met and satisfied. The head of the Libra Association, the outfit in charge of the Libra project, has iterated this, given a...
Read More »Spotify Buys SoundBetter Music-Production Marketplace for an Undisclosed Amount
On September 12, Spotify announced that it has acquired SoundBetter Music-Production Marketplace. Through that acquisition, the company has increased its suite of tools for music artists aiming to diversify itself. The company seeks to invest away from the model founded on paying music streaming royalties to labels.SoundBetter, founded in 2012, is a Brooklyn-based audio production that also doubles up as a collaboration marketplace. It caters to mixing engineers, mastering engineers,...
Read More »Crypto Can Help Starving Artists Survive the Spotify Revolution
Music is a vital part of our daily lives. Beats pouring out of speakers, headsets, and across crowds set the tone for much of our routine. Yet, we often demand free content from artists, never thinking of the work that went into making even the simplest song. Streaming platforms like Spotify have formed a bridge between piracy and traditional sales models, but artists who don’t bring in millions of views per month are unable to make minimum wage – much less live comfortably while producing...
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