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VCs don’t understand that Cardano has a community: Charles Hoskinson
In a recent YouTube video, Charles Hoskinson highlighted the rapid growth of the Cardano (ADA) ecosystem while clarifying the concerns raised by other members of the crypto community over the past year. “We live in a world where arbitrary groups of people get to be fact-checkers and decide what’s legitimate,” said Hoskinson while speaking about the government’s perception of cryptocurrencies. He pointed out that a vast majority of financial crimes are done with the U.S. dollar or other fiat currencies. According to Hoskinson, the growth of the crypto ecosystem this year might be slower than 2022: “It’s hard to argue with the $2.5 trillion industry and imagine where that’s going to go. I think we’re just going to digest as an industry the consequences for better or w...
Judge Recommends Russian Stream-Ripping Sites Pay $82.9M in Damages
A federal judge has recommended that the operators of two Russian stream-ripping websites pay more than $80 million in damages for circumventing YouTube’s anti-piracy measures and infringing copyrights of audio recordings. In a case brought by more than a dozen record labels, including UMG Recordings, Warner Records and Sony Music Entertainment, U.S. Magistrate Judge Theresa Buchanan said the sites operated by Tofig Kurbanov, a Russian national, should be shut down permanently via injunctions and that statutory damages of $50,000 be awarded for each of the 1,618 copyrighted works the sites infringed. Kurbanov operates www.FLVTO.biz and www.2conv.com, which the Fourth Circuit has previously recognized as “two of the most popular stream-ripping websites in the world and…among the most popula...
Nandi Bushell Performs Tool’s “Forty Six & 2,” Her “Most Challenging Drum Cover” Yet: Watch
Nandi Bushell, the 11-year-old musical prodigy who just earned Consequence’s 2021 Rookie of the Year honor, has delivered her “most challenging drum cover” yet: the complex “Forty Six & 2” by Tool. And, as always, she absolutely nails it! Not too many seasoned pros can go beat for beat with Tool’s Danny Carey, easily one of the greatest rock drummers of all time. But Nandi was certainly up to the task. With a smile on her face, Nandi offered up a few drumstick twirls and flips before launching into the epic track from Tool’s classic 1996 album Ænima. From there, she played the song like an absolute champ, crushing the heavy middle sections and rolling up her sleeves at the 4:30 mark for a killer fill. “This really was the most challenging drum cover I have done, so far,” wrote Nandi in...
Two Men Charged With Stealing Over $20 Million in Latin Music YouTube Royalties
In what prosecutors are describing as a brazen case of fraud, two men have been charged with illegally collecting over $20 million in Latin music royalties. José Teran of Scottsdale, Arizona and Webster Batista of Doral, Florida were charged Wednesday (Dec. 1) in federal court in Phoenix after being accused of fraudulently monetizing over 50,000 songs through their company, MediaMuv. According to sources, and to a report published in Marketwatch, the men unlawfully collected royalties on songs from a wide range of Latin artists, including Piso 21, El Fantasma, Angeles Azules and Los Askis. According to the indictment, which was filed in U.S. District Court in Arizona, Terán and Batista made false representations in order to claim more than $20 million in YouTube royalties in a scheme that ...
Will Smith Discusses Having Thoughts of Suicide In His New Series
HipHopWired Featured Video Source: Westbrook Media / YouTube Originals Will Smith opened himself up in a stunning vulnerable moment in the trailer for his YouTube series where he revealed that he once contemplated taking his own life. The Fresh Prince of Bel-Air star and globally beloved entertainer made the admission during his documentary series, Will Smith: The Best Shape of My Life. The series chronicles his journey to lose 20 pounds in 20 weeks, although there was something else he stumbled upon along the way. “When I started this show, I thought I was getting into the best shape of my life, physically,” Smith says in the preview. “But, mentally, I was somewhere else. And I ended up discovering a whole lot of hidden things about myself.” He then goes on to reference a conversation tha...
YouTube Is ‘Now the Largest Content Licensor in the World,’ Says Exec
Second-quarter advertising revenue at YouTube was reported at $7 billion, up 83 percent from the year-ago period, after $6 billion in the first quarter, up 49 percent. That don’t include subscription revenue generated by YouTube Music and YouTube Premium. Netflix recorded $7.3 billion in the latest quarter, up 19 percent, after $7.2 billion in the first quarter, up 24 percent. The executive also discussed content spending. “When you think about our payouts, we are now the largest content licensor in the world,” Kyncl said. He mentioned that YouTube’s partner program covers about 2 million creators, with the company paying out $30 billion to them over the past three years. Kyncl said to ensure diversity, companies must focus on it, including in hiring and c...
Americans Spend More Time Watching Videos on TikTok Than On YouTube: Report
HipHopWired Featured Video Source: SOPA Images / Getty TikTok is reportedly nipping at YouTube’s feet, well in the United States at least. According to a report from app analytics firm App Annie, TikTok users spend way more time watching content than YouTube users. The app developed by ByteDance first overtook YouTube in August 2020, and in June 2021, users have watched over 24 hours of content per month. In comparison, users have viewed 22 hours and 40 minutes on the Google-owned platform. In the UK, TikTok users have consumed almost 26 hours of content on the social media platform compared to 16 hours on YouTube. This data only applies to Android users and not mobile users as a whole. This is impressive because twice-impeached former president Donald Trump was on a mission to have ...
Americans Spend More Time Watching Videos on TikTok Than On YouTube: Report
HipHopWired Featured Video Source: SOPA Images / Getty TikTok is reportedly nipping at YouTube’s feet, well in the United States at least. According to a report from app analytics firm App Annie, TikTok users spend way more time watching content than YouTube users. The app developed by ByteDance first overtook YouTube in August 2020, and in June 2021, users have watched over 24 hours of content per month. In comparison, users have viewed 22 hours and 40 minutes on the Google-owned platform. In the UK, TikTok users have consumed almost 26 hours of content on the social media platform compared to 16 hours on YouTube. This data only applies to Android users and not mobile users as a whole. This is impressive because twice-impeached former president Donald Trump was on a mission to have ...
Controversial Fast Fashion Brand SHEIN Is Launching a YouTube Design Competition
China-based fast fashion retailer SHEIN is not shy of controversy. The brand known for cheap dupes of the latest fashion trends is launching a design competition series with YouTube. Airing on Sunday, 22 Aug., the SHEIN X 100K “Be Bold, Be You” challenge will be judged by a panel of Khloé Kardashian, Zendaya‘s stylist Law Roach, fashion designer Christian Siriano, LOVESEEN founder Jenna Lyons (previously creative director at J.Crew), and InStyle magazine’s style director Laurel Pantin. The SHEIN X 100K “Be Bold, Be You” challenge invites emerging designers to compete for $100,000 (£73,000) and a trip to LA for one-on-one mentorship with the judging panel. The Be Bold, Be You series features four episodes that will air weekly on Sundays from 22 Aug. to 12...
Tiny Toddler Storms the Stage at Extreme Metal Festival: Watch
A tiny toddler took over the stage at the 2021 Obscene Extreme metal festival in the Czech Republic last month, seemingly unfazed and even pleased by the musical brutality that was being delivered behind him. The little tough guy thankfully sported some ear protection while stomping across the stage as the Czech band Force of Hell rocked a crushing song during their July 17th set on Day 2 of the three-day extravaganza at Battlefield Trutnov. At one point, the youngster took a seat at the front of the stage as long-haired metalheads were headbanging at the barricade in front of him. Later on, he went right up to a speaker and embraced it, soaking in its booming vibrations. Advertisement Related Video Last month, we reported that a New Zealand mom had named her three kids Metallica, Slayer, ...
Robert Fripp and Toyah Take on The Who’s “My Generation” as King Crimson’s US Tour Kicks Off: Watch
Robert Fripp has already embarked on a summer U.S. tour with his legendary UK prog-rock band King Crimson, but that hasn’t put a stop to the guitarist’s viral “Sunday Lunch” performances with his wife, Toyah Willcox. The pair apparently filmed some advance episodes in their kitchen, beginning with today’s cover of The Who’s “My Generation.” Per usual, Toyah goes with a skimpy outfit, this time a white shirt that somehow doesn’t pop all the way open despite being held together by a little red clasp. Vocally, she delivers a raspy take on The Who’s classic 1965 track, adding some additional punk flavor to what could be argued is one of the earliest punk songs ever recorded. Fripp is back to his proper vest-and-tie look, while still sporting the mohawk that he featured in previous performances...
Here’s How Much Each Music Streaming Platform Pays Per Stream
Streaming has become the most popular form of music consumption in recent years, accounting for roughly 64% of all recorded music revenues according to the RIAA US sales database. One of the most common questions, especially for musicians, is how those revenues are broken down, and how much each artist gets paid per stream. Though that number differs with every streaming service, most artists are in agreement that it’s not nearly enough. The most popular service, Spotify, accounts for over 44% of the market share. However, despite how favorable it is with consumers, the streaming giant pays an average of only $0.00348 per stream, according to data sourced from The Trichordist. To put that into perspective, an artist earning three tenths of a cent per stream would make ...
