Sony Music’s RCA Data Web3 enterprise breaks into Larger China

Sony Music Leisure has arrange a brand new Larger China enterprise for its American label RCA Data to discover alternatives in streaming, non-fungible tokens (NFTs) and the metaverse.

See associated article: John Legend’s OurSong raises US$7.5 mln to gas music NFTs

Quick details

• The brand new label, dubbed “RCA Data Larger China,” will make key hires in artist administration and Net 3.0, the corporate stated on Friday.
• Sony Music’s transfer comes as labels actively faucet into the NFT and metaverse traits, with Warner Music saying a music-themed digital world within the Sandbox metaverse in January.
• RCA Data stated it is going to be collaborating with Jackson Wang, a Hong Kong rapper and a member of Ok-pop group GOT7, and A-Lin, a pop star from Taiwan.
• The Korean leisure trade has additionally been an lively participant in metaverse developments, with rival Ok-pop labels HYBE, SM, JYP and Dice Leisure saying associated ventures over the previous 12 months.

See associated article: What does Music should do with NFTs?