@musicben
15 things you might have missed in the future of music this week
Crypto
• Aria launches new token backed by music royalties (justin bieber, bts, miley).
• Zed's Dead comes onchain.
• Zora - every creator is now a tradable coin.
Tech + AI
• Deezer is now tagging AI tracks (~18% of all songs uploaded)
• Midjourney launches video model - directors are already making full music videos.
• Distrokid artists can now put videos on Spotify.
• TikTok launches Fan Clubs (memberships, exclusives, shows, priority access)
• 91% creators are using AI in their workflow.
• New product: RadioPromo uses AI to help you pitch music to radio stations.
• Apple Music rumoured to be working on AI generated playlists.
Music industry
• US music publishing revenue hits $7 billion (13.4%). Now growing faster than recorded music.
• UK government pledges £30m to help emerging artists and grassroots venues.
• Universal Music opens its second physical store.
• Spotify is preparing to launch high-res audio