Lil Dicky is venturing into the cryptocurrency world by issuing the first ever music publishing NFT (non-fungible token) for his 2015 hit song Save Dat Money. The NFT will be auctioned Monday, June 7 at 11 AM ET through Royalty Exchange, the world’s largest platform for buying and selling royalties, according to Variety. This allows … Read more
Hipgnosis Songs raises another £10m in order to buy artists’ music royalties By Daily Mail City & Finance Reporter Published: 21:51 BST, 30 April 2021 | Updated: 21:51 BST, 30 April 2021 Hipgnosis Songs has raised another £10m in order to buy artists’ music royalties. The music investment company issued 9m shares at a price … Read more
Music royalties rocket to record £810m but industry warns pandemic will hammer artists’ income in 2020 and 2021 By Daily Mail City & Finance Reporter Published: 21:51 BST, 14 May 2020 | Updated: 21:51 BST, 14 May 2020 Musicians and songwriters pocketed a record £810million from royalties payments last year. But the industry has warned … Read more