Visual of a smart contract that empowers artists to receive resale royalties on their work.

A smart contract is a self-executing agreement stored on the blockchain.

Learn more:
mythicgallery.com/authenticity...

#MythicGallery #SmartContracts #ArtistRoyalties #BlockchainArt

There's just 1 month until the Payback Part 1 deadline! ⚠️⏳

#DACSPayback #ArtistRoyalties #SupportArtists

Has your work been used in a book, magazine or TV programme? 🤔

#DACSPayback #CollectiveLicensing #ArtistRoyalties

Abstract representation of smart contracts on the blockchain.

Smart contracts are embedding automatic resale royalties directly into an artwork’s record.

Fair, transparent, global.
Learn how this shift is reshaping artist compensation. mythicgallery.com/authenticity...

#ArtistRoyalties #SmartContracts #ArtAndBlockchain #MythicGallery

Have you heard the news? DACS Payback has launched early!  🚀💰

Send to someone who should claim 💌
Save so you don't forget the deadline 📌

#DACSPayback #CollectiveLicensing #ArtistRoyalties

The new CISAC Global Collections Report is out! 📊 📰

The UK led global Artist’s Resale Right collections with €14 million, while the global visual arts sector returned back to growth with a rise of 0.9%.

#artistroyalties #visualarts #collectivelicensing

Royalties matter – for creators, beneficiaries and the greater creative ecosystem. But what are they? 💰

#FairPayForArtists #ArtistRoyalties #ArtLicensing

Did you know you might be owed royalties you never even knew about? 💡

Everyday reuses - like a teacher photocopying a textbook image or a school recording a TV programme, are often hard to track and get paid directly for it.

#CollectiveLicensing #ArtistsRights #ArtistRoyalties

Artist Deserve Our Respect

Most galleries stop at the sale. We don’t.

Every Mythic piece comes with a blockchain backed COA and built in resale royalties.
Collectors get proof.
Artists get protected.

This is what representation should look like.
#MythicGallery #ArtistRoyalties #DigitalProvenance #FutureOfArt

Did you know it's nearly been 20 years since the Artist Resale Right came to the UK? In that time, over £134 million has been paid out to more than 6,600 artists and estates - all thanks to royalties from the resale of their work. 🎨💸

#ArtistResaleRight #PayArtists #DACS #ArtistRoyalties

Spotify royalty payouts to Nigerian, South African artists boom in 2024 JOHANNESBURG (Reuters) - Audio streaming giant Spotify (NYSE:SPOT)’s royalty payments to artists from Nigeria and South Africa - its two biggest African markets - spiked to around $59 million last year as performers rode a wave of growing interest in music from the continent. The Swedish company paid out some $10 billion in royalties worldwide in 2024. And while Africa represents only a small part of its offering, interest in African artists has ballooned, buoyed in part by internationally recognised acts like South African singer Tyla and Nigeria’s Burna Boy. Around 250 million user-created playlists now feature at least one Nigerian artist, and 220 million contain a South African, the company said on Thursday. "What we’re seeing is an excellent evolution around more and more mid-tier or up-and-coming artists making a living," said Jocelyne Muhutu-Remy, Spotify’s managing director for Sub-Saharan Africa. Nigerian artists received over 58 billion Nigerian naira ($38 million) in royalties last year, more than double the 2023 figure. Royalties for South African performers reached 400 million rand ($21 million), up 54% year-on-year. Much of that came from outside their home markets. Nigerian artists have seen a 49% increase in export growth over the past three years, while South Africa saw export growth of 104%. The number of Nigerian artists earning 10 million Naira, meanwhile, doubled year-on-year and has tripled since 2022. In South Africa, the number of those earning between 100,000 and 500,000 rand has doubled over the past three years. ($1 = 1,532.3400 naira) ($1 = 19.0170 rand) SPOT: A Bull or Bear Market Play? Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks AI – 6 model portfolios fueled by AI stock picks with a stellar performance this year... In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech Stocks, and Mid Cap stocks, you can explore various wealth-building strategies. So if SPOT is on your watchlist, it could be very wise to know whether or not it made the ProPicks AI lists.

Click Subscribe #Spotify #MusicIndustry #ArtistRoyalties #NigeriaMusic #SouthAfricaMusic

Spotify CEO’s $7.3B Fortune: Stock Boom, Insider Sales, and Artist Royalties Debate -#WorldEye

youtu.be/4Q5qjDBr7LM

#Spotify #DanielEk #Billionaire #ArtistRoyalties #SpotifyUnwrapped #StockMarket #MusicIndustry #StreamingPlatforms #Controversy #ExecutivePay #SpotifyDrama

Here’s a crazy thought: What if galleries came together to support artist royalty legislation at the state level? Collective action could change the entire art market landscape, meaning galleries could finally ensure that artists get their own economic stake. #artistroyalties #galleries (8/10)