The Music Industry’s Downfall with Austin Hurwitz | Overpriced JPEGs #49

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On this episode of Overpriced JPEGs, Carly welcomes Austin Hurwitz, SVP of Web3 and Community of Venice Music.

Venice Music is speeding up the evolution and support process of what it means to be an independent musical artist in today’s day and age.

Austin shares how the tables are being turned away from legacy music to the next wave of independent artists and the catalyst role music NFTs are playing in this shift. Further, Austin explains what CC0 music is and why its implications could be so powerful.

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Timestamps:

0:00 Intro
2:45 The Venice Music Story
6:40 Music Distribution & Payment Rails
12:52 The Music Industry
15:58 Change is Coming to Legacy Music
23:30 The Psychological Shift of the Artist
25:46 UK Charts & Music NFTs
28:04 New Ways to Show Off Music Taste
31:48 Cooper Turley’s Music NFT Program
34:35 How Venice Music is Leveraging NFTs
45:52 Where This Evolves To
48:25 Monetizing Superfans
53:55 CC0 Music NFTs
1:00:25 Early Adopter Advantage?
1:02:44 The Chance the Rapper Case Study
1:09:02 Closing

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Resources:

Austin Hurwitz
https://twitter.com/austin_hurwitz

Austin’s Newsletter
https://austinhurwitz.substack.com/

Venice Music
https://www.venicemusic.co/

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/b...