LimeWire Signs Deal With Universal Music Group
LimeWire, a former file-sharing platform recently relaunched as a digital collectibles marketplace, has struck its first major label partnership with Universal Music Group (UMG).
LimeWire, a former file-sharing platform recently relaunched as a digital collectibles marketplace, has struck its first major label partnership with Universal Music Group (UMG).
According to LimeWire, as part of this partnership with UMG, the major will provide licences to allow LimeWire to partner with UMG artists in order to launch music-based NFT projects using the LimeWire marketplace.
LimeWire says that artists signed to UMG can now use its platform to offer audio recordings, audiovisual content, backstage footage and any artwork and images as NFTs on the LimeWire marketplace and sell them directly to fans and collectors.