Wouldn't that be the record companies though? I have heard Kanye is trying to get more money for artists but not really sure. I am puzzled why blockchain+streaming for music hasn't taken off. Artists would maintain rights and profits from what I can tell
Traditionally payment & accounting has never been a problem in the music business, so I think blockchain would not really help. The underlying economics is what has changed dramatically. Distribution is close to free, but unlike the ~ $1 an artist might have seen out of a CD sale (before discounting for costs & advances) they now see sub-cents on a single track. You used to pay $15-20 for an entire album to get 2 or 3 good songs; now you only stream everybody's top tracks and pay less than that a month. So the artist gets a couple of pennies for the period when they are hot, then nothing.
Why would you put blockchain in this?
For micropayments per stream, presumably.
Blockchain is not suitable for micropayments. The computing resource requirements are many orders of magnitude too high.
A proof of work blockchain isn't suitable, but proof of work is one of many ways to reach distributed consensus.