What will the future of royalties look like in the digital age?
The future of royalties is likely to be shaped by blockchain technology, ensuring transparency and fair distribution.
How will artists benefit from these changes?
Artists may receive faster payments and have more control over their work, reducing reliance on intermediaries.
What challenges might arise with this new system?
Challenges could include technological barriers for some artists and the need for widespread adoption of new platforms.
Will traditional music labels still have a role?
Traditional labels may need to adapt, focusing more on marketing and artist development rather than just distribution.
How can emerging artists navigate this landscape?
Emerging artists should leverage social media, explore direct-to-fan models, and educate themselves about digital rights.
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