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• Justin Bieber Producer Is Selling Royalties for the Song 'Company' as NFTs Want to own a small share of streaming royalty rights for a Justin Bieber hit? AnotherBlock is set to serve them up via NFTs.
• Ever wanted to own a tiny slice of a Justin Bieber song? Writer and producer Andreas “Axident” Schuller is set to sell NFTs that will grant owners a percentage of future streaming royalties to Justin Bieber’s hit song “Company.” Schuller, who has also worked with the likes of Pitbull and Jason Derulo, has teamed up with blockchain-based music righ...
• Each ERC-721 token will be available to purchase from 0.017 ETH (about $28) and give each holder 0.0005% of future streaming proceeds from digital service providers like Apple Music, Tidal, and Spotify. As it stands, royalty payments will be made every six months—but AnotherBlock has previously teased “major updates” on this front.
• The “Company” sale begins on September 7, with both credit card and crypto payments accepted by AnotherBlock. “Company” was released in 2015 as part of Bieber’s Grammy-nominated fourth album “Purpose,” with Axident working on the lush pop track as a writer and producer. To date, the song has racked up over 500 million streams on Spotify alone.
• “‘Company’ holds a special place in my heart, and I immediately embraced the concept of sharing a portion of it with Justin's remarkably devoted fans,” said Schuller in a statement. “In this industry, nothing holds greater significance than our fans, and the fusion of blockchain and music rights opens the door to an entirely new realm for both righ...

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