Founded in 1987, Naxos is the world’s largest digital aggregator of classical music, the leading independent distributor of classical music in North America, representing over 1,000 classical labels. For Suite 28 Records, Jeff has worked with top classical recording artists from around the world, including renowned classical violinist Tianwa Yang.

“The eMusic Blockchain Project is an exciting project that intelligently integrates leading technology into a new artist economy,” Jeff says. “Although the music label and publishing businesses are suddenly thriving overall with the increase in streaming revenues, most artists cannot survive in the current streaming economy.” Some labels (especially those with large catalogs) favor streaming as it allows them to generate significant revenue from assets they had previously considered mature; but a question remains about how much revenue the artists see from those streams. And what does that mean for artists releasing new music? “There is an urgent need to support new talent so the music industry can continue to be dynamic and creative.”

Setting our project apart from other music blockchain projects, Jeff points out that eMusic, “balances artists and artistry with leading technology.” As we’ve mentioned in a previous post, we have chosen not to impose a new technology on the consumer, instead creating a new infrastructure that will allow the consumer choice of their favorite music listening apps.

We are very excited to have yet another major music industry talent on our roster and look forward to his help as we continue to work to fix the gaping holes in the music industry.