# THE BASICS OF ANOTHERBLOCK

By [anotherblock editorial](https://paragraph.com/@anotherblock-editorial) · 2022-07-24

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ROYALTIES
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when you **stream** your favorite songs on e.g. spotify - **owners** (rightsholders) of that music are eligible to **receive money** (royalties).

examples of music owners (rightsholders) are:  
**labels**, **artists**, **producers**, and **songwriters**.

these royalties are normally paid out to the owners  
**quarterly**, **bi-annually**, or **annually**.

a good rule of thumb is that for every **million** streams on streaming services (e.g. spotify) - **$3,000-4,000** is paid out to the owners (rightsholders) of the song.

the payout is **divided** between the rightsholders based on their **ownership share**.

normally, the biggest owner is the **label**.

MUSIC INVESTMENTS
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people have been **investing** in music for many years.

in 1997, “**bowie bonds**” were issued which were a type of bond backed by artist david bowie’s **royalty streams**.

as of today, many companies have invested **billions** of dollars in buying **music catalog**.

ANOTHERBLOCK
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**anotherblock** exists to make this market available to **you**.

we believe that by creating an **open free market** for buying & selling music rights - the value of music will **increase**.

simultaneously, artists can build an even **stronger** relationship with those who create this value - the fans.

on **anotherblock**, owners (rightsholders) of music sell digital assets containing a share of the **economic ownership** in songs.

when you have bought a **digital music asset**, you are eligible to receive your share of the **streaming royalties** generated by that song.

purchase is available with both **credit card** and **ethereum (Ξ)**.

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*Originally published on [anotherblock editorial](https://paragraph.com/@anotherblock-editorial/the-basics-of-anotherblock)*