Audius Secures Deal with US Performing Rights Organization for Songwriter Royalties
CryptoNewsTerminal Staff10 Jun, 2024
Audius Secures Deal with US Performing Rights Organization for Songwriter Royalties
Web3 music streaming platform Audius has entered into an agreement with a US performing rights organization (PRO). This deal will enable songwriters on the platform to receive royalties for their work. The move underscores the growing significance of Web3 in the music industry. Audius's licensing agreement with a PRO is a significant step towards ensuring that creators on the platform are fairly compensated for their work. As the music industry continues to evolve, Audius is at the forefront of innovation. The platform's commitment to empowering creators and fostering a fair and equitable music ecosystem is a testament to the potential of Web3 to transform the industry. ```
