“Music in the metaverse: What are the licensing laws?”

Gregor Pryor

Gregor Pryor

Gregor Pryor from legal firm Reed Smith outlines some of the challenges that the metaverse could bring to the live music business

Parts of the music industry have been running into the arms of the global metaverse phenomenon, seeking opportunities for growth, collaboration, revenues, and creativity.

Fortnite’s Ariana Grande concert, HYBE’s diversification beyond music, and UMG’s launch of a new “NFT supergroup” offer a taste of what music can do in this alternative, fully digital world.

Opportunities or threats?
If the Rolling Stones were already livestreaming in 1995, what makes this new form of music consumption in the metaverse…

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