Too Long; Didn't Read
For too long, the big record companies and film studios controlled access to the content market. The earliest days of the record and film industries had many oppressive contracts and little payment for the artists despite massive profits from their work. Publishing rights and distribution profits were a goldmine for executives, managers, and other industry insiders and this continues today with the vast majority of sales going to a few mega-artists and little to nothing for everyone else. Life can be hard for filmmakers and musicians when it comes to earning a fair share at any level of success — big or small. It’s time for a change, and the blockchain may offer the solution.