American music big Sony Music has signaled intentions to use non-fungible tokens (NFTs) after submitting a trademark application overlaying music and artists underneath the Columbia Records logo.
Basically based on an Aug. 30 trademark application to the United States Patent and Trademark Office (USPTO) shared by trademark attorney Mike Kondoudis on Sept. 6, the application covers “audio and video recordings that contain are residing musical performances authenticated by NFTs.”
#SonyMusic has filed a trademark application for the Columbia Records logo claiming plans to make tell of it for:
▶️ NFT Backed Media
▶️ Song + Podcast Manufacturing
▶️ Artist Management + Song distribution products and companies
..and more!#NFTs #metaverse #Web3 #Columbiarecords #Pop #Rock #Hiphop pic.twitter.com/xY7kRMgo1m
— Mike Kondoudis (@KondoudisLaw) September 6, 2022
The application moreover covers marketing and marketing products and companies, promotion, distribution, marketing and marketing, marketing, and online leisure, including podcasts and audiovisual recordings.
The contemporary trademark application is accessible in the wake of several varied Sony Song-backed NFT projects.
In August, MakersPlace, an NFT market dedicated to digital paintings, secured $30 million in Sequence A financing from several famous companies, including Pantera Capital, Bessemer Challenge Partners, Coinbase Ventures, and Sony Song Leisure.
March noticed the music company partner with Solana-primarily based completely mostly NFT market Snowcrash and fellow music behemoth Smartly-liked Song Neighborhood to commence Bob Dylan and Miles Davis NFT collections at some level in 2022, with plans for more sooner or later.
NFTs and the Metaverse are slowly turning more current in music and leisure commerce.
MTV’s Video Song Awards on Aug. 29 heavily featured online and virtual performances, including Eminem and Snoop Dogg performing their contemporary single in a metaverse created by Yuga Labs, the identical company in the support of the Bored Ape Yacht Club.
The song “From the D to the LBC” was released in June, and aspects two Bored Ape Yacht Club avatars owned by Eminem and Snoop Dogg.
MTV’s Video Song Awards moreover debuted a contemporary award class, Apt metaverse Performance, which featured nominations for six varied acts in its inaugural year, Ariana Grande, Justin Bieber, Charli XCX, Twenty One Pilots, BTS, and Blackpink, who sooner or later received.
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