WR1 Introduces a New Asset for Music Artists
Spotify, Soundcloud, Beats, Youtube music tech is clearly transforming the music industry. Streaming technologies are on the rise, replacing CD sales and downloads. The controversy is the impression that music tech is cannibalizing the revenues for artists but at the same time is saving the music industry by compensating losses in physical sales. (see attached graph, source ASCAP). So, what is next in this ten-year-young business of music tech?
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