In 2003 Maria Schneider revolutionized musician fundraising by using Internet crowdfunding to finance her project. While Schneider's rewards-based crowdfunding wasn't subject to securities laws, some musician fundraising, such as royalty-based crowdfunding, can requirement compliance with those laws.
Read MoreThe US system’s use of performance rights organizations to license music is efficient and enables widespread access to music at the expense of artist control over the use of their recordings.
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