Arena Music, an Arizona-claimed loss leader streaming service, declared that it would compensate royalties in Bitcoin. This service streams artists’ music for free and noticing fans with unique merchandise.
“More and more, content and label owners are understanding that bitcoin forces a level of transparency and fairness in reporting and payouts for each person who has contributed to a specific work. That is lacking from all paid subscription music streaming services in particular.” – Damon Evans, CEO, Founder of Arena Music
What do you guys think? Is Arena Music cleaning up the mess in the music industry? Let us know in the comment section down below.