Decentralization in the Music Industry

Music generates about forty two billion dollars a revenue a year. But only 12 % of that makes it to artists, which is insane. The other 88% are going to distributors, platforms and middlemen like these so called right societies who collect revenue on behalf of song writers or groups. They're just so much like a kind of structural inefficiency and an complexity there. Despite unintentionally being earliest there, i think we'll be one of the last to finish the process of digital transformation and streaming. We have an infinite shelf and an infinite amount of distribution capability,. When the marginal cost of reproducing music is now zero, there's so much then distributing it, yes, is zero. It's