Former Apple Music exec joins crypto firm Ledger as head of NFT division
In his new position as Ledger’s vice president of NFTs, Brooks will be responsible for bridging the platform with the artistic community. Apple Music veteran Parker Todd Brooks is leaving the company to join Ledger, one of the biggest providers of cryptocurrency hardware wallets.According to a Friday announcement, Brooks will now head Ledger’s nonfungible token division as the company expands its support for the storage, display, management and security of NFT pieces.Brooks is joining Ledger after spending the last seven years with Apple Music, helping launch Apple Music and music radio....
Related News
The past few days have been very productive for the Sandbox metaverse, music and the NFT industry. Some of the music industry’s top brass are making a beeline for the NFT market and the virtual sphere. Major music labels, including Universal Music Group, Sony Music, Warner Music Group, and Tencent, have all gone virtual. Since […]
Sameer Dubey is a 10-year veteran of Barclays and former head of operations for N26. U.K.-based crypto exchange Bitstamp has hired a former director of financial services company Barclays’ payments team as its chief operating officer.In an announcement today, Bistamp said it would be appointing Sameer Dubey to the executive position as part of its effort to scale across the firm’s businesses. Dubey worked as the director of the head of payments for Barclays corporate and was a member of the team behind the bank’s blockchain and distributed ledger council. He was also the head of operations....
Daniel Davis oversaw the CFTC’s legal division, including administrative actions.
According to a recent report from the Financial Times, music streaming is set to overtake CD and vinyl as the largest generator of income for British record labels in 2017. The report states that as more people opt for subscriptions to streaming services such as Spotify and Apple Music, revenues in the sector were pushed to a five-year high last year. Total income generated by the U.K. music industry increased by 5 percent to £925 million ($11.6 million) in 2016, from £881 million ($11.1 million). Yet despite the popularity of the music industry, musicians often find themselves unfairly....
Spotify and Apple Music reportedly cut 75% from musicians’ revenues together with the cut paid to labels. As popular music streaming services like Spotify cut much of musicians’ revenues, new technologies like nonfungible tokens (NFTs) are likely to help artists grab back their fair share, Saxo Bank predicted.According to one of Saxo Bank’s Outrageous Predictions 2022: Revolution, music creators would benefit from NFT-based streaming platforms as they allow distributing music directly to listeners without centralized middlemen charging a fee. Saxo Bank’s cryptocurrency analyst Mads....