![]() Through the mechanism of the MUSE blockchain, artists receive 95% of sales income. The aim of PeerTracks, which serves as an interface to MUSE and is the music app that holds audio files that will be despatched on request to users, is to create a music service linking artists and fans as never before. And, the latter exhibits relatively low block size capacity and where it’s not unknown that executions per block can take 10 minutes or more to complete. It contrasts with first generation - Bitcoin - that could track one thing only - namely Bitcoin. MUSE is touted as a ‘third-generation’ blockchain, which eclipses second-generation with lightning fast transaction speeds, confirmations and super scalability. PeerTracks, a music streaming and retail platform company, is the first outfit to use the brand new MUSE network, in partnership with CCEDK and OpenLedger. But let’s not confuse this development with Muse, the multiple Grammy nominated English rock band who have sold over 20 million albums worldwide, and play at Quebec City’s Le Centre Videotron today, Boston’s TD Garden on 25 January and New York on 27 January, 2016. Just as music distribution was ripe for disruption back then with the rise of P2P file-sharing platforms, so blockchain technology is now offering new opportunities for its monetization. Now fintech platform OpenLedger and Danish bitcoin exchange CCEDK are joining forces with MUSE, a music-tailored blockchain, to make monetizing music as easy as new peer-to-peer (P2P) platforms made distributing it 15 years ago. ![]() We are looking forward to more amazing things from the group in the years ahead, as we continue to work together to develop fresh global opportunities for their music on all fronts.While growing interest in blockchain technology from companies to governments shows little sign of abating and even the Chinese authorities are looking to create their own digital currency, the power of this technology is also being harnessed for deployment in other industries - including music. We are very proud to have this brilliant band in both the WCM and WBR families, and this agreement strengthens our enduring partnership. Records, commented: “I am delighted that Warner/Chappell will remain home to Muse’s outstanding body of work. We’re very proud to have worked with them for so long and thrilled to be able to extend and broaden our relationship.”Ĭameron Strang, Chairman & CEO, Warner/Chappell Music and Warner Bros. Matthew is a brilliant songwriter and as a touring band they consistently push the boundaries of their amazing live show. Richard Manners, Managing Director, Warner/Chappell Music UK said, “Muse are one of the greatest rock acts in the history of the genre. Muse are widely recognised as one of the world’s top live acts, they created the official song of the London 2012 Olympics and have received a number of prestigious awards including an Ivor Novello, a Grammy, two BRIT Awards, Q, NME and MTV awards. The group’s latest record topped album, international and iTunes charts in 22 countries around the world and reached top ten chart positions in many other countries. His songs and the unique sound the band has created have met with critical praise and chart success around the world. The band’s lead vocalist, guitarist and pianist Matthew Bellamy is also its primary songwriter and lyricist. The new deal covers all of the award-winning group’s albums, including the last five number ones ‘Absolution’, ‘Black Holes and Revelations’, ‘The Resistance’, ‘The 2nd Law’ and their latest record ‘Drones’ as well as their critically acclaimed debut ‘Showbiz’ and follow-up ‘Origin of Symmetry’. Records recording band Muse and songwriter / front-man Matthew Bellamy. Warner/Chappell Music, the global music publishing arm of Warner Music Group, today announced an extended agreement with Warner Bros.
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