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Anthony Davis has mixed feelings about NIL deals. What Is NIL? In June 2021, NCAA college athletes were given the opportunity to benefit financially from their name, image, and likeness (NIL) for the first time. This change came after governance bodies across all three NCAA divisions suspended NIL restrictions for current and incoming student-athletes in all sports, according to the NCAA. However, it was clarified that despite the changes to the NIL landscape, “pay-for-play” arrangements and improper inducements would still not be permitted. “This is an important day for college athletes since they all are now able to take advantage of name, image and likeness opportunities,” NCAA President Mark Emmert said at the time, per the NCAA. “With the variety of state laws adopted across the country, we will continue to work with Congress to develop a solution that will provide clarity on a national level. The current environment — both legal and legislative — prevents us from providing a...
OnlyFans is no longer just only for adult content. The streaming service wants a new reputation that pushes a different agenda for its creators — starting with its app. According to several reports, OnlyFans — which has only previously been accessible through its website — created a brand-new app earlier this year that offers videos with some of its biggest creators. What comes as a surprise from the notoriously explicit platform is that its new app shows no nudity. That’s right, OnlyFans is getting wholesome to add its services to Apple and Google app stores. The ad-free app is called “OFTV” and it officially launched back in January, but this week OnlyFans says that it’s marketing the app to attract those who aren’t already subscribed to the streaming service. It reportedly offers a library of over 800 videos that includes original content from chefs, yoga instructors, podcasters and more. It even features an original series called “Unlocked” that shares conversations with...
Spotify and record labels have a long-standing and arguably beneficial relationship. With the streaming giant ‘s latest pitch, the future of the relationship may become complicated. In 2019, Spotify launched Marquee, a playlist submission tool that “drives incremental streams” for artists through pop-up ads. However, at first, the company touted that the ads were separate from their popular editorial playlists. According to Bloomberg , the Stockholm-based music mammoth is now pitching a second monetization effort that pushes the label to pay them for promotion and streaming data of their music habits. Under this new program, Spotify will insert sponsored songs into playlists to better connect artists to their listenership. Since the billion-dollar business shovels the majority of its revenue back into labels due to royalties, Spotify is seeking to diversify its streams of ad revenue. For an entity that singlehandedly revived the music business, it sounds fair. Problem is, their...