What if someone started a real underground music label on the dark web. Bitcoin only, no banks, no streaming and no middlemen. Artists could drop music, earn for say 5 or 10 years, then the rights go to the public domain. No corporate ownership, no lifetime contracts.
Could a label like that actually work?
There are labels similar to that. Dingleberry Records for example. They finance records out of their own pocket, often together with other labels, and then produce and sell LPs and CDs for non profit. Records don’t go public domain though, as far as I know.