anotherblock’s upcoming drop features Walker, a DJ/electronic producer with deep gaming cred, and demonstrates how rightsholders can maximize music IP’s value via NFTs. 

anotherblock, the fast-growing marketplace for music royalty NFTs, is following on its first rapid-fire sell out drops to offer shares in the streaming income from Alan Walker’s track, “Alone, Pt. II,” a pop-perfect ballad with vocals by Ava Max. Each of the 500 anotherblook NFTs gives holders the rights to 0.001% share of streaming revenue from the song. The drop hits October 20, 2022 and will be anotherblock’s biggest yet, totaling at least $44,000. 

This drop is the result of a partnership between anotherblock and The Very Good, a music management and publishing company based in Stockholm. It’s an example of how web3 can work for rightsholders in new and exciting ways. “Publishers are always striving to make the most of their catalog, while still honoring songwriters’ visions and engaging fans as much as possible,” explains anotherblock co-founder and CEO Michel D. Traore. “Royalty NFTs offer publishers a way to monetize their IP without sacrificing other business models. It’s an additional source of revenue that also reinforces an artist or composer’s brand with fans.”

“We’ve been exploring web3 options and are truly excited to work with anotherblock to issue our first music royalty NFTs,” explains Jakob Emtestam, founder of The Very Good. “We have an innovative track record and felt this partnership, with an artist like Alan Walker in the mix, was a great first step into this democratization of music rights and royalties.”

Walker’s work and life encapsulate the web3 music community’s overlapping love of games, music, and collectibles. An electronic producer with a massive YouTube following and several platinum singles, Walker is also a passionate gamer who let some of his early music be used freely by gamers. He’s held shows in League of Legends, launched his own mobile game, and become a playable character in PubG. “He’s a great cultural fit for our community,” Traore notes.

“One of the most widely discussed benefits of web3 is for artists, who can do more things with their rights, and for fans, and the direct relationship that results from these interactions. For the right tracks, publishers can also take an entirely new and potentially valuable approach, one that reaches fans and turns them into financial supporters,” says Traore. “We’re entering a whole new era of IP monetization and democratized access to rights as assets that will change the game for the better for publishers.”

20 Feb 2024 | Press release

Random Noize Musick signs long-term administration agreement with Bosworth Music

  The publishing catalogue Random Noize Musick GmbH is now represented internationally by Bosworth Music GmbH, part of the internationally renowned Wise Music Group. Random Noize Musick prides itself on its extensive catalogue of mostly electronic music and features a variety...more

20 Feb 2024 | Press release

Radar becomes first festival to donate percentage of ticket sales to Music Venue Trust

TICKET SALE CONTRIBUTION WILL GO TO THE CHARITY’S PIPELINE INVESTMENT FUND TO SUPPORT GRASSROOTS MUSIC VENUES   Music Venue Trust (MVT), which represents hundreds of UK Grassroots Music Venues (GMVs), has announced a new agreement with RADAR Festival.  This new initiative will see...more

20 Feb 2024 | Press release

Matt Ellis Joins Thomas St. John Group as CEO of UK Office

Former Deloitte Managing Partner and Deputy CEO to Direct Business Management Firm's Strategic Direction and Growth in the United Kingdom   Thomas St. John Group, the leading international accounting firm for artists, entertainers and sports people, announced today that former Deloitte executive...more

20 Feb 2024 | Press release

CMM response to IPO's ER impact publication

This report was commissioned by the IPO in 2021 with the intention to facilitate the modelling of various different approaches to ER, and to lay the foundation for future research and discussion.  It reaches no conclusions, and no decisions should be...more

20 Feb 2024 | Press release

ADA Worldwide and South Coast Music Group ink global distribution deal

Charlotte-based label founded by Arnold Taylor is home to a roster of rising talent that includes Big Mali, Dustystaytrue, DeeYounginn, Luclover, and more Label launched careers of multi-platinum rappers DaBaby and Toosii Today, ADA Worldwide, the independent label and artist services arm of Warner...more

20 Feb 2024 | Press release

Erica Bellarosa elevated to Head of Business Affairs and General Counsel for Atlantic Records

  Respected music attorney Erica Bellarosa has been promoted to Head of Business Affairs and General Counsel for Atlantic Records. In her new role, Bellarosa, a 19-year veteran of Atlantic, will head up the company's Business & Legal Affairs and Contract...more

19 Feb 2024 | Press release

Government decline ER/BPI response to IPO update

BPI response to IPO update on research findings into interventions - and further working group looking at aspects of streamingBPI Comments by Dr Jo Twist OBE, BPI Chief Executive “This latest research evaluating the consequences of policy intervention in the UK...more

16 Feb 2024 | Press release

Sony Music UK celebrates second year of 'Beyond the Instrument' initiative with expansion into Newcastle

DJ EQUIPMENT AND MUSICAL INSTRUMENTS DONATED TO WALKER RIVERSIDE ACADEMY IN NEWCASTLE IN PARTNERSHIP WITH RESTORE THE MUSIC AND PLAYVIRTUOSO   Ahead of the 44th annual BRIT Awards,  Sony Music UK announced its second installment of Beyond the Instrument, its youth initiative...more

16 Feb 2024 | Press release

Becky Hill X Chase & Status confirmed to perform at The BRITs 2024

Joining the already-announced Dua Lipa, Jungle, Kylie Minogue, RAYE, Rema for UK's biggest night in music   The BRIT Awards 2024 with Mastercard Saturday 2nd March, The O2 arena in London Exclusively broadcast from 8.30pm on ITV1 and ITVX Hosted by Clara Amfo, Maya Jama,...more

16 Feb 2024 | Press release

Ticket resale platforms become subject to new rules as EU’s Digital Services Act enters into force

  From 17 Feb the DSA will apply to all platforms, including Viagogo and Stubhub Online marketplaces will be required to identify and verify professional sellers and be prohibited from using manipulative sales tactics  Introduces annual reports on content take-downs revealing the scale...more

15 Feb 2024 | Press release

Richard Antwi Scholarship opens for 7th and final round

6 years of building an inclusive & equitable pipeline for Future Music Leaders: Richard Antwi Scholarship opens for 7th and final roundAlec Boateng and Taponeswa Mavunga congratulate the scholarship for its impact Music Business Management MA – Online Open Day28th February...more

15 Feb 2024 | Press release

Jungle and Rema confirmed to perform at The BRITs 2024

Yinka Bokinni and Jack Saunders confirmed to present The BRITs’ Red Carpet on ITV2 and The BRITs’ Aftershow on ITVX   The BRIT Awards 2024 with Mastercard Saturday 2nd March, 8.30pm, The O2 arena in London Exclusively broadcast on ITV1 and ITVX Hosted by Clara Amfo,...more

15 Feb 2024 | Press release

Liam Fray (Courteeners), The K's, English Teacher and Antony Szmierek to perform alongside Lisa Stansfield at first ever Northern Music Awards

  Nordoff and Robbins Northern Music Awards will honour Lisa Stansfield as 'Northern Icon' at its inaugural Northern Music Awards Shortlists announced for Artist, Band, Newcomer, DJ and Breakthrough Act of the Year categories British contemporary artist Thomas Wolski specially commissioned to design the...more

15 Feb 2024 | Press release

Michael Kushner promoted to SVP, Deputy General Counsel, Business & Legal Affairs for Warner Music Group

Industry Veteran Makes Move After Two Decades at WMG's Atlantic Music Group     Michael Kushner has been promoted to Senior Vice President, Deputy General Counsel, Business & Legal Affairs for Warner Music Group (Nasdaq: WMG). The widely admired industry veteran moves to the central...more

15 Feb 2024 | Press release

Kobalt signs Umbrella Songs to global publishing deal

Fast-rising Independent Publishing Company Backed by European, American, and African Industry Player Lunick Bourgess   Kobalt today announced that it has signed Umbrella Songs to a worldwide publishing agreement. Founded by Lunick Bourgess, a music executive with over 10 years of music experience,...more

15 Feb 2024 | Press release

Wise Music Group announces the transfer of Edition Peters Artist Management artists to Podium Music after 13 successful years

Wise Music Group (WMG), owners of Edition Peters Artist Management (EPAM), has announced the transfer of artists on the EPAM roster to Podium Music Ltd under the leadership of Robin Tyson.  Robin ran EPAM for 13 years and has played a...more

15 Feb 2024 | Press release

The British Music Embassy Returns to SXSW with a Record 70+ Showcase Performances

The British Music Embassy (BME) is returning to Austin, Texas from Saturday, March 9 to Saturday, March 16 to shine a light on some of the most exciting music talent from across the UK.  The BME will be presenting more than 70 showcase performances representing...more

15 Feb 2024 | Press release

Crowded House sign global recordings deal with BMG

  Platinum-selling, multi-ARIA and BRIT award-winning band Crowded House have signed a global recordings deal with BMG for their upcoming eighth studio album Gravity Stairs, announced today. The first single from the album, the uplifting 'Oh Hi', was released last Thursday 8 February alongside...more

14 Feb 2024 |

How Beyoncé won the Super Bowl

Nicola Murray, Managing Partner at M&C Saatchi Sport & Entertainment    She may not have been the half-time performer this year, but Queen Bey used one of the world’s biggest stages to prove, once again, that her only competition is herself. Eclipsing her previous...more

14 Feb 2024 | Press release

Spotify Partners with Bandsintown to Boost Live Music Discovery

Concerts listed by artists on Bandsintown are now automatically discoverable on Spotify, available as contextual event recommendations to Spotify's 602 million global monthly active users Bandsintown, the leading live event discovery platform, announces its partnership with Spotify to boost concert and festival discovery...more

14 Feb 2024 | Press release

Sony Music Publishing Expands MENA Operations With New Dubai Office, Names Dounia Chaaban As Managing Director

  Sony Music Publishing today announced the expansion of its operations across the Middle East and North Africa with the opening of its new office in Dubai, and the appointment of its Managing Director, Dounia Chaaban, effective immediately. The launch of SMP...more

14 Feb 2024 | Press release

Trailblazing British media platform REPREZENT faces closure due to grassroots music crisis

Grassroots music in crisis as youth-led organisations, including trailblazing British media platform REPREZENT, face closure  REPREZENT Radio, credited with giving profile and support to hundreds of careers including Stormzy, Munya Chawawa, Jamz Supernova, Remi Burgz and Jeremiah Asiamah has turned to a...more

14 Feb 2024 | Press release

The Royal Northern College of Music Announces Live Showcase In Collaboration With Sony Music Social Justice Fund

The Royal Northern College of Music today announces its first Live Music Showcase in partnership with Sony Music UK’s Social Justice Fund, taking place at Sony’s London headquarters on March 13th.  The Royal Northern College of Music will be celebrating the...more

14 Feb 2024 | Press release

Kobalt Unlocks New Levels of Transparency for Songwriters and Rightsholders

Kobalt, the most trusted name in music and leading independent music publisher, has announced the release of its next-generation Client Portal. Bringing unprecedented levels of accuracy, transparency and insight, the new product pushes the Kobalt client experience to new levels.  In...more

13 Feb 2024 | Press release

PPL to support East London Arts & Music (ELAM) specialist education programmes for three years

  PPL has announced that it will provide funding to East London Arts & Music (ELAM) for the next three years to help drive more diversity and equity in the creative and cultural industries. ELAM is a full-time industry academy providing...more

13 Feb 2024 | Press release

Symphonic Unveils Suite of Tools Revolutionizing Catalog Transfer, Recoupments, Royalty Transparency, and More

Tools Include Transfer Track, SplitShare, Enhanced Recoupments, and Marketing Drivers Symphonic Distribution, a leading music technology and services company for independent labels, managers, and artists, has announced the rollout of four revolutionary tools: Transfer Track, SplitShare, Enhanced Recoupments, and new Marketing...more

13 Feb 2024 | Press release

Tomorrow’s Warriors welcomes alumna and saxophonist Camilla George as new Trustee

Award-winning talent development organisation and charity, Tomorrow’s Warriors today announced that the respected Warriors alumna and saxophonist, Camilla George has joined the Tomorrow’s Warriors Board of Trustees. Camilla George is a visionary saxophonist, composer, bandleader and member of Tomorrow’s Warriors co-founder...more

13 Feb 2024 | Press release

Warner Chappell Music signs Grammy-nominated songwriter and music producer Jon Shave

Warner Chappell Music, the music publishing arm of Warner Music Group, has signed a worldwide publishing deal with the Grammy-nominated and multi-platinum selling songwriter and producer, Jon Shave.Shave is known for his versatile songwriting ability and his diverse catalogue of...more

13 Feb 2024 | Press release

The Mechanical Licensing Collective Brings Legal Action for Unpaid Royalties Against Pandora Media, LLC

Complaint asserts Pandora has underpaid The MLC for multiple years of royalties due under the compulsory mechanical blanket license.   The Mechanical Licensing Collective (The MLC) announced today that it has filed a legal action against music streaming platform Pandora Media, LLC...more

13 Feb 2024 | Press release

Groover Raises $8 Million in Series A Funding to Provide All-in-One Music Promotion Platform for Independent Artists

  Groover, the innovative music promotion platform, announces today an $8 million Series A funding round, led by investors OneRagtime, Trind, Techmind, and MozzaAngels, and supported by historical backers, Partech, Bpifrance's Tech & Touch fund, Verve Ventures, and Frenchfounders.    This new financing will consolidate Groover’s position as an all-in-one platform solution by...more

20 Feb 2024

  • Why labels need to redefine their purpose and refresh their measures of success (see Opinion)

  • IPO publishs its research findings into possible intervention models in streaming; BPI responds (see News)

  • Hipgnosis Songs Fund launches High Court claim against investment adviser and former CEO (see Business)

19 Feb 2024

  • Apple faces a €500m fine over Spotify’s antitrust complaint (see News)

16 Feb 2024

  • OpenAI’s newest model Sora can generate videos from text (see BiggerPicture)

15 Feb 2024

  • Sony report strong quarterly figures (see Business)

14 Feb 2024

  • Steve Wright, the "broadcaster’s broadcaster" has passed away, aged 69 (see Media, Features)

13 Feb 2024

  • TikTok users are finding ways to dodge Universal restrictions (see Digital)

  • Universal plan ‘Music City’ development in United Arab Emirates (see News)

  • What is SoundCloud’s strategy for the future? (see Analysis)

12 Feb 2024

  • Live music and the rise of the ‘enormodome’ (see Features)

  • Sony Music Group to acquire 50% stake in Michael Jackson's catalogue (see Deals)

09 Feb 2024

  • Warner, AI2M comment on the Universal/TikTok deal (see Comment)

  • Chartmetric 2023 report highlights ever-evolving music landscape (see Reports)

08 Feb 2024

  • Martin Mills reflects on Merlin’s impact (see Features)

  • Harvey Goldsmith announces project to benefit action on the climate crisis (see News)

  • Spotify paid the music industry more money than ever in 2023 - $9bn+ (see Business)

07 Feb 2024

  • Spotify tops 600m Monthly Active Users (see Business, Digital)