In its second year, the distributor’s ‘All About Audio’ event again hears from key companies’ representatives on their offers and observations.
An audio listener in Moscow on April 16. Image – Getty iStockphoto: Yury Karamanenko
Nine ‘Makers of the Boom’
Many
Publishing Perspectives readers will remember the first outing of Bookwire’s “All About Audio” conference in June 2020. With its slightly dire-sounding message of “streaming is inevitable,” the first wave of the coronavirus COVID-19 pandemic‘s most furious outbreaks was only then easing up in many markets. Publishing’s “digital acceleration,” driven by the pathogen, still hadn’t been fully demonstrated by statistical analysis, though it clearly was a good bet.
The German digital book distributor has an autumn target for its NFT platform for the book publishing sector.
Image – iStockphoto: Igor Igorevich
Ruhrmann: ‘Currently Under Development’
With its announcement today (May 6), the Frankfurt-based digital distributor Bookwire steps into the blockchain discussion, creating what it’s calling a new NFT marketplace “for the publishing and creator industry.”
“NFT” stands for “non-fungible token.” It’s a quantity of data stored on a digital ledger that underlies a blockchain. An NFT then works like an identifier, separate from copyright, verifying ownership of a digital property especially significant for digital files like JPGs and MPGs which can be easily copied and shared online. While NFTs won’t prevent that kind of sharing, they do provide a framework for proving who owns what.
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