The music royalty system has moved at a pace that no longer matches how music is created, consumed, or monetized. Built for an era of vinyl records and compact discs, the system still relies on delayed reporting and quarterly payouts even as modern artists generate billions of streams and microtransactions every day. During a recent interview with TheStreet Roundtable, Travis Garrett, the founder and chief executive of Record Financial, as well as Morgan Krupetsky, vice president of on-chain finance at A ...

@RecordFinancial is working with 11am, the label behind global artists such as @ASAPferg , @alexwaarren, @liltjay, and more to modernize music royalties in real time.Real time payments, powered by Avalanche🔺 ...

Market Trends & Economic Policy - The S&P 500 is up by 0.1%, Dow Jones up by about 0.4%, while the NASDAQ Composite Index is lower by approximately 0.2% [3][4] - The 10-year Treasury yield is at 4.16%, and the 2-year Treasury yield is at 3.58% [5] - The Federal Reserve is expected to make a decision on interest rates, with anticipation of a 25 basis points cut [2][41][46] - Discussions around affordability and inflation are ongoing in Washington, with the President addressing the issue [41][42] Company & Financial News - NVIDIA shares are trading lower, down by 1% [7] - Ryan Cohen has pleaded guilty to defrauding hedge fund investors of about $300 million [8] - Radio industry made $14 billion, while artists receive zero pennies for radio airplay [20][23][32] Regulatory & Legal Issues - Gene Simmons testified on Capitol Hill for music royalties, advocating for the American Music Fairness Act [2][12][13][39] - The American Music Fairness Act aims to ensure that artists are paid for their music played on AM and FM radio [13][17][18][33] - Concerns are raised about AI regulation, with a call for federal laws to encompass AI and address issues like IP ownership [34][35][36] Geopolitical & Business Strategy - Chinese AI startup DeepSeek is reportedly relying on NVIDIA chips, potentially smuggled into China, to develop an AI model [6] - Gene Simmons sold his publishing rights to Pop House, a Swedish company, for a sum large enough to buy Rhode Island [28][29]