What are the emerging trends in global music distribution for

The emerging trends in global music distribution for 2024 include:

Key Facts

• Direct-to-Fan Sales: Artists are increasingly selling music directly to fans, bypassing traditional platforms.
• Blockchain Technology: Utilized for fair royalty distribution and transparency.
• Data-Driven Marketing: Leveraging analytics to tailor promotions and reach targeted audiences.
• Social Media Integration: Platforms like TikTok are becoming crucial for music promotion and distribution.

Examples or Use Cases

• Independent Artists: Many are using platforms like Bandcamp to sell directly to fans.
• Blockchain Platforms: Services like Audius are allowing artists to maintain control over their music and earnings.

FAQs

• How is blockchain used in music distribution? Blockchain is used to create transparent, immutable records of ownership and transactions in music rights.
• What is direct-to-fan sales? This model allows artists to sell their music and merchandise directly to their fans, enhancing engagement and profits.