Prescription Songs is probably going the primary established music firm to pay its expertise within the cryptocurrency.
Prescription Songs, the impartial music writer based by Dr. Luke (a.okay.a. Lukasz Gottwald), introduced Thursday (April 1) that it’s going to permit its roster of songwriters and producers the choice of receiving royalty funds in Bitcoin, making it seemingly the primary music firm to take action. To facilitate the funds, the writer has partnered with BitPay, a number one supplier of Bitcoin and cryptocurrency fee companies.
“Prescription Songs has at all times been an business chief offering the perfect companies to our songwriters, producers and artists. A few of our creators requested about being paid in Bitcoin so we needed to get forward of the pack and supply that service,” stated Dr. Luke in an announcement. “BitPay is such a powerhouse in Bitcoin. I’m excited to work with them within the music area.”