PRESCRIPTION SONGS BECOMES THE FIRST MUSIC COMPANY TO OFFER ITS CLIENTS PAYMENT OPTION IN BITCOINTHE INDEPENDENT PUBLISHER REPRESENTING TODAY’S TOP SONGWRITERS AND PRODUCERS TEAMS WITH BITPAY, THE WORLD’S LARGEST PROVIDER OF BITCOIN AND CRYPTOCURRENCY PAYMENT SERVICESOFFICIAL PRESS RELEASENEWS PROVIDED BY Falcon Publicity Top independent music publisher Prescription Songs will be offering its roster of top songwriters and producers the option of payment in Bitcoin company founder Dr. Luke (Lukasz Gottwald) has announced today (April 1, 2021). For this new arrangement, Prescription Songs has partnered with BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services. Prescription Songs, whose vast catalogue includes such hits as “Say So” by Doja Cat, “Don’t Start Now” by Dua Lipa, “Mood” by 24kGoldn featuring iann dior, “Moves Like Jagger” by Maroon 5, “Starboy” by The Weeknd and “Juice” by Lizzo, is known for its exemplary services. By offering an option for payment in Bitcoin it allows their clients flexibility as medium becomes more apparent in modern business. "Prescription Songs has always been an industry leader providing the best services to our songwriters, producers and artists. Some of our creators asked about being paid in Bitcoin so we wanted to get ahead of the pack and provide that service,” states Dr. Luke. “BitPay is such a powerhouse in Bitcoin. I’m excited to work with them in the music space.” “Prescription Songs and Dr. Luke have always been innovative with their artists and songwriters and giving them the option to get royalty payments in Bitcoin shows once again how cutting edge they are” said Sonny Singh, Chief Commercial Officer of BitPay. “Using Bitcoin is only the first step for the music industry to start working in the blockchain space as more and more artists start leveraging the blockchain for NFT’s and even digital rights management.” No stranger to the world of Bitcoin, Dr. Luke was an early investor in BlockCap, North America’s leading digital asset miner. He also co-founded and was the largest single investor in nutrient-enhanced bottled water line CORE Hydration which sold to KDP for $525 million. Touted as ‘the most reliable hitmaker in the music business today’ by Rolling Stone, Dr. Luke is a multi-GRAMMY Award-winning producer and two-time ASCAP Songwriter of the Year who co-wrote and produced such iconic songs as Katy Perry’s “Teenage Dream,” Kelly Clarkson’s “Since U Been Gone,” Miley Cyrus’ “Party In The U.S.A.” and many more. AboutAbout BitPay: About Prescription Songs:
Source Falcon Publicity
April 1, 2021 2:04pm ET by Falcon Publicity |