Innovation in Music Publishing
summary
Argues music is drastically underpriced — streaming yields a little less than four tenths of a cent per stream while pizza, virtual Roblox items and fine art sell for far more — cites Warhol $195M, Dylan catalog $230M and Springsteen $550M. Shows an alternative: years of independent work plus experiments with music NFTs on Zora, merchandise-token bundles (hoodie, cassette, Discord access) and fractional royalties via Royal where fans buy stakes and share streaming income, but warns web3 needs careful fan-first onboarding.
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