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Record music streaming profits highlight how NFTs will empower content creators

Even if the way that streaming is done changes — moving from centralized platforms, like Spotify (NYSE:SPOT) to decentralized NFT marketplaces — streaming is here to stay. The rise in streaming is part of a broader transformation in media and entertainment towards digital content — print media is quickly fading. Digital media began replacing print media years ago with profound effects on the sector. Economists find that the move toward national digital media is linked with the decline in local newspapers and partially explains the focus on national topics and heightened politicization.

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Source: Cryptocurrency - investing.com

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