The networked record industry: how blockchain technology could transform the record industry

O'Dair, Marcus and Beaven, Zuleika ORCID logoORCID: https://orcid.org/0000-0003-4470-3034 (2017) The networked record industry: how blockchain technology could transform the record industry. Strategic Change, 26 (5) . pp. 471-480. ISSN 1086-1718 [Article] (doi:10.1002/jsc.2147)

Abstract

Blockchain technology may have transformational potential for those music industries associated with recorded music, and for the sustainability of music careers. While predictions of widespread disintermediation may have been premature, blockchain technology does appear to have the potential to transform the role of third parties and to make musicians’ careers more sustainable. Blockchains could improve the accuracy and availability of copyright data, facilitate near‐instant micropayments for royalties, and significantly improve the transparency of the value chain.

Item Type: Article
Additional Information: Special Issue: The Future of Money and Further Applications of the Blockchain
Research Areas: A. > School of Media and Performing Arts > Performing Arts > Music group
Item ID: 26121
Useful Links:
Depositing User: Zuleika Beaven
Date Deposited: 30 Jan 2019 15:50
Last Modified: 24 Jan 2023 10:33
URI: https://eprints.mdx.ac.uk/id/eprint/26121

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