{"id":340163,"date":"2021-09-16T19:40:54","date_gmt":"2021-09-16T16:40:54","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/nas-pusha-t-among-5m-investors-in-new-streaming-platform-set-to-rival-spotify\/"},"modified":"2021-09-16T19:40:54","modified_gmt":"2021-09-16T16:40:54","slug":"nas-pusha-t-among-5m-investors-in-new-streaming-platform-set-to-rival-spotify","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/nas-pusha-t-among-5m-investors-in-new-streaming-platform-set-to-rival-spotify\/","title":{"rendered":"#Nas + Pusha T Among $5M Investors In New Streaming Platform Set To Rival Spotify"},"content":{"rendered":"<p>&#8220;<strong>#Nas + Pusha T Among $5M Investors In New Streaming Platform Set To Rival Spotify<\/strong>&#8221;<\/p>\n<div class=\"image large\">\n<img decoding=\"async\" src=\"https:\/\/static.hiphopdx.com\/2021\/09\/nas-pusha-t-invest-in-streaming-service-1200x675.png\" alt=\"Nas + Pusha T Among $5M Investors In New Streaming Platform Set To Rival Spotify\" class=\"large\"><\/p>\n<div class=\"news-caption\">\n<span>Prince Williams\/Wireimage | Donato Sardella\/Getty Images for Dior<\/span>\n<\/div>\n<\/div>\n<p><\/p>\n<div class=\"body-copy  js-entry-text\" itemprop=\"articleBody\">\nNas and Pusha T are among a group of music industry power players who have invested in a new streaming platform looking to rival Spotify, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a>le Music and TIDAL.<\/p>\n<div class=\"innerAdHatch\" inserted=\"shortcode\" style=\"margin: 10px 0 11px -10px\">\n<div id=\"contentUnit200\" class=\"adUnits\"><\/div>\n<\/div>\n<p><script>\n                        if(isMobile){\n                            CMNUNT.load(\"content-b\", { \n                                containerid: \"contentUnit200\",\n                                keywords: \"section_post_inarticle\",\n                                lazyLoad: true\n                            });\n                        }\n                    <\/script>Founded in 2018, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/audius.co\/\">Audius<\/a> is a streaming service built on blockchain \u2014 the same <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> behind NFTs \u2014 that allows artists to get paid quicker when people play their music.<\/p>\n<p>According to <em><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.rollingstone.com\/pro\/news\/audius-blockchain-nft-crypto-streaming-platform-1226559\/\">Rolling Stone<\/a><\/em>, Audius will announce a $5 million round of strategic funding later today (September 16). In addition to Nas and Pusha T, A-listers such as Katy Perry, Jason Derulo, Linkin Park\u2019s Mike Shinoda, Steve Aoki, The Chainsmokers and Disclosure are getting in early.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Welcome to the familly <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/katyperry?ref_src=twsrc%5Etfw\">@katyperry<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Nas?ref_src=twsrc%5Etfw\">@Nas<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/steveaoki?ref_src=twsrc%5Etfw\">@steveaoki<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheChainsmokers?ref_src=twsrc%5Etfw\">@TheChainsmokers<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/mikeshinoda?ref_src=twsrc%5Etfw\">@mikeshinoda<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/jasonderulo?ref_src=twsrc%5Etfw\">@jasonderulo<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/disclosure?ref_src=twsrc%5Etfw\">@disclosure<\/a>, and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/PUSHA_T?ref_src=twsrc%5Etfw\">@PUSHA_T<\/a> \u2013 we are excited to define the future of music with you \ud83e\udd73 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/WuDH4YEzcE\">https:\/\/t.co\/WuDH4YEzcE<\/a><\/p>\n<p>\u2014 Audius \ud83c\udfa7 $AUDIO (@AudiusProject) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/AudiusProject\/status\/1438524417139560450?ref_src=twsrc%5Etfw\">September 16, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Audius has also received backing from a host of veteran music executives including former Sony\/ATV Music Publishing CEO Martin Bandier, Madonna and U2\u2019s longtime manager Guy Oseary, and Frank Ocean and Calvin Harris\u2019 manager Mark Gillespie.<\/p>\n<p>As <em>Rolling Stone<\/em> points out, the last time such a group of music heavyweights invested into a streaming platform was JAY-Z\u2019s TIDAL, which launched in 2015 with over a dozen artist stakeholders including Beyonc\u00e9, Kanye West, Nicki Minaj, Rihanna and J. Cole.<\/p>\n<div class=\"innerAdHatch\" inserted=\"shortcode\" style=\"margin: 10px 0 11px -10px\">\n<div id=\"contentUnit300\" class=\"adUnits\"><\/div>\n<\/div>\n<p><script>\n                        if(isMobile){\n                            CMNUNT.load(\"content-b\", { \n                                containerid: \"contentUnit300\",\n                                keywords: \"section_post_inarticle\",\n                                lazyLoad: true\n                            });\n                        }\n                    <\/script>Like TIDAL, Audius offers artists increased ownership opportunities in the platform. But what sets the up-and-coming service apart from competitors is its expedited payment process. Thanks to its blockchain functionality, 90% of earnings from monetized streams moves to the artist in real time with 10% going to the community that keeps the streaming service running.<\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=f16YN6NRZkg\">https:\/\/www.youtube.com\/watch?v=f16YN6NRZkg<\/a><\/p>\n<p>It\u2019s this blockchain technology that has helped attract such an elite coterie of investors.<\/p>\n<p>\u201cI believe [blockchains] might be the most important technology to ever hit the music industry,\u201d Nas said in a statement. \u201cEveryone who uploads to Audius can be an owner. You can\u2019t say that about any other platform.\u201d<\/p>\n<div class=\"innerAdHatch\" inserted=\"shortcode\" style=\"margin: 10px 0 11px -10px\">\n<div id=\"contentUnit400\" class=\"adUnits\"><\/div>\n<\/div>\n<p><script>\n                        if(isMobile){\n                            CMNUNT.load(\"content-b\", { \n                                containerid: \"contentUnit400\",\n                                keywords: \"section_post_inarticle\",\n                                lazyLoad: true\n                            });\n                        }\n                    <\/script>Martin Bandier added, \u201cThe blockchain is enabling entirely new revenue streams for artists and creators, like NFTs, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social<\/a> currency, and curation. Audius is not only using the blockchain to add potentially significant revenue streams for artists, but it also allows them to cooperatively own the platform itself.\u201d<\/p>\n<p>Audius\u2019 $5 million funding arrives on the heels of the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.rollingstone.com\/pro\/news\/tiktok-sounds-streaming-crypto-blockchain-nfts-audius-1211699\/\">deal the up-and-coming platform recently struck with TikTok<\/a>, making it the first streaming service to partner with the popular social media app. Audius currently boasts over six million monthly users and is free to use, although executives suggests the business model will soon change.<\/p>\n<\/div>\n<p><\/p>\n<div class=\"author\" itemprop=\"author\" itemscope itemtype=\"http:\/\/schema.org\/Person\">\n<meta itemprop=\"name\" content=\"Andy Bustard\"><br \/>\nby Andy Bustard\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more Like this articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/social-media\/\" target=\"_blank\" rel=\"noopener\">Social Media category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/hiphopdx.com\/news\/id.64579\/title.nas-pusha-t-invest-in-audius-streaming-platform\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Nas + Pusha T Among $5M Investors In New Streaming Platform Set To Rival Spotify&#8221; Prince Williams\/Wireimage | Donato Sardella\/Getty Images for Dior Nas and Pusha T are among a group of music industry power players who have invested in a new streaming platform looking to rival Spotify, Apple Music and TIDAL. Founded in 2018,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":340164,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/static.hiphopdx.com\/2021\/09\/nas-pusha-t-invest-in-streaming-service-1200x675.png","fifu_image_alt":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-340163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-mediaa"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/340163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=340163"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/340163\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/340164"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=340163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=340163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=340163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}