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Podcast: Music Ally Focus
Episode: Music Ally Focus #30: the (many) hidden legal complications when you sell a music NFT – with special guest Adrian Perry, partner and co-chair of Covington & Burling LLP's Music Industry practice
Description: Some musicians are finding NFTs irresistible, seeing them as a new way to connect with fans, make money – and sell slices of their music rights. It seems very easy to sell a small percentage of, for instance, your master recording copyright – with potentially huge rewards. But, warns this week's special guest, there are many ways you could get caught in a tricky situation that you may not have considered – including anti-money laundering laws, securities laws, international tax issues, and the highly volatile nature of cryptocurrency itself.
Adrian Perry is partner and co-chair of Covington & Burling LLP's Music Industr...