Paradigm shift in the music industry: Adaptation of blockchain technology and its transformative effects

IF 0.6 4区管理学 N/A HUMANITIES, MULTIDISCIPLINARY

International Journal of Arts Management Pub Date : 2023-10-23 DOI:10.31566/arts.2163

Betül Yarar Koçer

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Abstract

The music industry is undergoing a profound transformation thanks to blockchain technology. This article extensively examines how the core components of music – production, distribution, performance, and presentation – are undergoing radical changes through the integration of blockchain technology. The traditional music industry faces significant challenges, particularly in vital areas like copyright management, music distribution, and artist compensation. These challenges have become even more complex with the digitization of music and the rise of online platforms. However, blockchain technology, with its decentralized and transparent structure, has the potential to overcome these obstacles. This technology takes important steps in addressing disputes related to copyright by enhancing the traceability and verifiability of music works throughout their lifecycle, thereby contributing to fairer compensation for artists. Moreover, this article also delves into other intersecting domains related to the music industry, focusing on safeguarding intellectual property in music and presenting innovative solutions to the intricate music economy. Relevant data gathered through qualitative research methods is systematically presented to comprehensively explore the potential role of blockchain technology in the music industry’s future. This exploratory analysis also investigates blockchain-supported platforms, providing an in-depth examination of their current development status and business models. The article places special emphasis on fundamental concepts such as copyright, ownership of artistic works, cultural heritage, and the role of blockchain technology in shaping the music industry, artists, and the ongoing digital transformation. In this rapidly evolving dynamic process, the transformative role of blockchain technology in the music industry and its potential must be continuously monitored, serving as a foundation for future-oriented initiatives. This comprehensive approach reflects the concerted effort to understand the effects of blockchain technology, which is shaping the trajectory of the music industry’s future, from a broader perspective.

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音乐产业的范式转变:b区块链技术的适应及其变革性影响

由于区块链技术，音乐产业正在经历一场深刻的变革。本文广泛研究了音乐的核心组成部分——制作、发行、表演和呈现——如何通过区块链技术的整合发生根本性的变化。传统音乐产业面临着巨大的挑战，特别是在版权管理、音乐发行和艺术家报酬等关键领域。随着音乐的数字化和在线平台的兴起，这些挑战变得更加复杂。然而，区块链技术以其分散和透明的结构，有可能克服这些障碍。这项技术通过提高音乐作品在其整个生命周期中的可追溯性和可验证性，在解决与版权有关的纠纷方面迈出了重要的一步，从而有助于为艺术家提供更公平的补偿。此外，本文还深入探讨了与音乐产业相关的其他交叉领域，重点关注音乐知识产权的保护，并为复杂的音乐经济提供创新的解决方案。系统呈现通过定性研究方法收集的相关数据，全面探索区块链技术在音乐产业未来的潜在作用。这一探索性分析还调查了区块链支持的平台，深入研究了它们当前的发展状况和商业模式。这篇文章特别强调了版权、艺术作品所有权、文化遗产等基本概念，以及区块链技术在塑造音乐产业、艺术家和正在进行的数字转型方面的作用。在这个快速发展的动态过程中，必须持续监测区块链技术在音乐产业中的变革性作用及其潜力，作为面向未来的举措的基础。这种全面的方法反映了从更广泛的角度理解区块链技术影响的共同努力，区块链技术正在塑造音乐产业未来的轨迹。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Journal of Arts Management Multiple-

CiteScore

1.40

自引率

12.50%

发文量

期刊介绍： Through publication of the International Journal of Arts Management, the Carmelle and Rémi Marcoux Chair in Arts Management contributes to HEC Montréal’s global reach while consolidating its position as a world leader in research on cultural organizations. The Chair publishes teaching materials that are used in several universities both in Quebec and elsewhere. A prime example is the book Marketing Culture and the Arts, which has been translated into 11 languages. The Chair also publishes research and conference proceedings on topics of interest to managers in the arts and cultural sector. Aims: offers insight into management processes, and the ways in which arts organizations operate within the various disciplines of management, including marketing, human resources, finance, accounting, production and operation processes, and administration; identifies and encourages the development of best practices in the management of culture and the arts, and promotes their use through the publication of case studies and analyses; addresses current issues of key relevance to cultural and arts organizations in a rigorous and detailed fashion; presents studies, measurements, and other empirical research in the field of arts and cultural management; provides a forum for challenging and debating coherent theories and models, as well as their application in cultural and arts practice.

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