now that you know what we are doing and how the purchasing process works, you may be wondering: why should anyone invest in music? in this article we will explain why we think owning music rights is a good idea.
recorded music revenue reached $25,9 billion in 2021, an 18% increase compared to 2020. streaming is the main source of revenue, accounting for 65% of the global recorded music revenue.
streaming revenue increased by 24% during the year and still there were “only” 523 million paying subscribers, meaning there is still plenty of room for further growth.
as streaming revenue continues to grow, so does the interest in music investments. big funds and investment companies are increasingly putting their money in music as it’s considered a great asset with big growth potential and stable returns (Goldman Sachs expects global music revenue to double by 2030). one big advantage is that streaming revenue is pretty much unaffected by market cycles and, as such, music investments are a great way to diversify your portfolio and protect yourself from market volatility.
until now, investing in music hasn’t been easily available for people with an average net worth. we believe investing in music should be easy and accessible. everyone should be able to earn royalties from songs they love, alongside their favorite artists. this is where anotherblock comes in.
on anotherblock, you gain access to top-tier tracks by some of the world’s biggest artists. by allowing creators to divest parts of their streaming rights, analyzing streaming data, calculating estimated future royalty revenue, and fractionalizing the streaming rights into affordable shares, we give you access to music right ownership.
when you buy an NFT on anotherblock, you get real-world ownership of a song’s streaming rights (plus additional utilities). streaming royalties are normally paid out quarterly, bi-annually, or annually, and you will receive royalty payouts for as long as you own your NFT. once paid out, the royalties will be claimable on your profile page, and easily transferred to your crypto wallet. as we want to make it as accessible as possible for everyone, we are working on allowing bank account transfers as well.
hopefully this article has given you some insight into why investing in music rights is a great idea!
now that you know what we are doing and how the purchasing process works, you may be wondering: why should anyone invest in music? in this article we will explain why we think owning music rights is a good idea.
recorded music revenue reached $25,9 billion in 2021, an 18% increase compared to 2020. streaming is the main source of revenue, accounting for 65% of the global recorded music revenue.
streaming revenue increased by 24% during the year and still there were “only” 523 million paying subscribers, meaning there is still plenty of room for further growth.
as streaming revenue continues to grow, so does the interest in music investments. big funds and investment companies are increasingly putting their money in music as it’s considered a great asset with big growth potential and stable returns (Goldman Sachs expects global music revenue to double by 2030). one big advantage is that streaming revenue is pretty much unaffected by market cycles and, as such, music investments are a great way to diversify your portfolio and protect yourself from market volatility.
until now, investing in music hasn’t been easily available for people with an average net worth. we believe investing in music should be easy and accessible. everyone should be able to earn royalties from songs they love, alongside their favorite artists. this is where anotherblock comes in.
on anotherblock, you gain access to top-tier tracks by some of the world’s biggest artists. by allowing creators to divest parts of their streaming rights, analyzing streaming data, calculating estimated future royalty revenue, and fractionalizing the streaming rights into affordable shares, we give you access to music right ownership.
when you buy an NFT on anotherblock, you get real-world ownership of a song’s streaming rights (plus additional utilities). streaming royalties are normally paid out quarterly, bi-annually, or annually, and you will receive royalty payouts for as long as you own your NFT. once paid out, the royalties will be claimable on your profile page, and easily transferred to your crypto wallet. as we want to make it as accessible as possible for everyone, we are working on allowing bank account transfers as well.
hopefully this article has given you some insight into why investing in music rights is a great idea!
ACCESS MUSIC OWNERSHIP IN THE WORLD’S BIGGEST TRACKS - own a share of your favorite song and earn royalties alongside your favorite artist
ACCESS MUSIC OWNERSHIP IN THE WORLD’S BIGGEST TRACKS - own a share of your favorite song and earn royalties alongside your favorite artist
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