"Any new avenue of potential profit is exciting in the music industry, considering the lack thereof from streaming and [the need to rely on] touring."
Several startup founders and musicians are looking at NFTs to offer fans exclusive, paid experiences. Even if the market for some of them proves frothy, this blockchain-based technology gives artists a new way to make money. Reporter Sam Blake has the story.
VC firms poured $9B into L.A. companies in 2020.
Crypto market cap surpasses $2T after doubling this year.
U.S. Supreme Court backs Google over Oracle in major copyright case.
Amazon illegally fired activist workers, labor board finds.
Justice Thomas argues for making Facebook, Twitter and Google utilities.
U.S. indicts California man accused of stealing Shopify customer data.
Discord banned 2,212 servers for extremist content in the second half of 2020.
Contactless mobile payments to surpass half of all smartphone users in US by 2025.
How NFTs Could Change the Game for Creators
NFTs present a unique way for artists to make money and engage their fans. With experimentation already underway, the gates are open for them to do what they do best: get creative. Read more>>
COVID Vaccine Passports: A Crowded and Unregulated Market
As California and the country begins to reopen, there's no set of standards or regulations for digital vaccine passports, leaving lingering questions about forgery, health privacy records and accessibility. Read more>>
'Godzilla vs Kong' Fills Theater Seats, but Hollywood Still Has Reason to Worry
In its debut domestic weekend, the Warner Bros. film played on over 3,000 screens and raked in $32.2 million, both highs since lockdowns began. None of these figures would represent big wins in normal times, though this is hardly normal. Read more>>
Nominations Are Open for Our Intersect LA Pitch Showcase
We're looking for Southern California startups in the media, entertainment and gaming industries that have a product on the market and have raised less than $1 million in funding. We want your thoughts on the most promising, innovative, forward-thinking startups in these sectors to pitch at dot.LA's inaugural media summit.
Guest judges and advisors from the venture capital community will be announced soon. Contact Annie@dot.LA with any questions.