NFT Backed-Media: Sony Music Recordsdata Trademark Utility for Columbia Information Brand.
The web has given musicians a direct connection to their followers, and artists not want document labels to get their music on the market. Sony Music is taking discover of this shift. It’s submitting a trademark software for the Columbia Information brand with plans to make use of it for NFT-backed media, music and podcast manufacturing, artist administration, and music distribution providers.
In keeping with Mike Kondoudis, USPTO licensed trademark lawyer:
“SonyMusic has filed a trademark software for the Columbia Information brand claiming plans to make use of it for NFT Backed MediaMusic + Podcast ManufacturingArtist Administration + Music distribution providers ..and extra!”
This transfer would enable Sony Music to faucet into the rising NFT market and supply their artists with extra alternatives to attach with followers and create new methods to monetize their work. With this trademark software, Sony Music is positioning itself as a digital transformation chief within the music business.
Musicians have at all times obtained a uncooked deal relating to royalties and compensation, so it’s good to see a major label taking steps to vary that. NFTs affords a brand new method for artists to monetize their work and join with followers.
NFT document labels are a brand new method for artists to receives a commission pretty for his or her work, and Sony Music is now main the cost. This trademark software exhibits that they’re dedicated to evolving with time and giving their artists the absolute best platform to succeed.
Artists have already began experimenting with NFTs, and it’s thrilling to see what the long run holds for the music business. With Sony Music’s backing, we might see a brand new period of artist-fan engagement and compensation.
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