One of the promises of digital technology was that it would not only speed up the consumption of music, it would also speed up royalty payments back to creators. The first part has very much happened; the second part – as income gets scattered across billions of micropayments – arguably less so. One of the companies trying to address this, as well as the complications of cash flow, is Sound Royalties.
For an album that is barely a year old, it’s somewhat astonishing that Beyoncé’s Lemonade is already getting the box set reissue treatment. But this marks a blurring of the lines between opportunistic cash-in and retrospective recalibration as art statement.
With billions of dollars of being poured into the development of VR technology, live music is regarded as one of the key markets for the sector. Eamonn Forde investigatesThe hype around virtual reality (VR) gets louder by the week, and it’s been a long time since it was just the preserve of a techno-centric and academic niche.