On this episode of the Talking Trends podcast, Music Business Worldwide founder, Tim Ingham, reveals what his sources are telling him about the process.
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BPI says that this A&R spend, which includes artist advances, creating new recordings, video costs and tour support, was 106.6% more in 2021 than the £173.3 million ($225m) spent in 2016.
On August 28, OpenSea processed $9.34 million in NFT (non-fungible token) transactions, well below its May 1 peak of $2.7 billion, according to data from decentralized applications tracker DappRadar.