# Songwriters win landmark case against LiveNation & AEG, paves the way for SangCash launching new technology this spring. | SangCash

- Canonical URL: https://wefunder.com/feed/162500
- Entity ID: wefunder:feed_item:162500
- Published at: 2023-03-29 15:08:49 UTC
- Updated at: 2025-07-09 03:23:08 UTC

## Author
Stephen P DeGrazia

## Subject
SangCash

## Content
BMI has prevailed in a New York court in a dispute with Live Nation and AEG over collections of songwriting revenue from live concerts, earning a judgment the performing rights organization said would earn its affiliates 138% higher than the historical rate.BMI president-CEO Mike O’Neill expressed the org’s delight with the court victory, while still throwing shade at the two concert promoters and the North American Concert Promoters Association (NACPA) for years of opposition to carving out a boost in songwriter revenue.SangCash, a startup looking to enhance BMI's business model, will be launching POAPs (pronounced Poh App) this spring. POAPs or Proof of Attendance Protocol allow concert goers to create digital memories for themselves and spawn NFTs that can be used to help venue operators track attendees, increase efficiency with music licensing and embed smart contracts in the NFTs to pay songwriters faster and more money.