The music industry is gearing up to spin revenue from a new source: the billions of hours of DJ mixes and mashups that dance-music fans listen to online each year.
Spotify, Apple’s Beats Music and most subscription music services don’t include DJ creations or user-made mixes in their song libraries because they don’t have a way to pay for them. Record labels, meanwhile, have been slow to agree on a revenue-sharing plan.
One start-up is trying to solve the problem. Dubset Media has developed technology to track how much of each song is used in any given DJ-made track or mix. It can then calculate royalties owed to artists like Lady Gaga or Jay Z whose music was sampled.
Via The Australian