Last year a number of companies started up in the business of digital music and blockchain like: PledgeMusic, PeerTracks, BitTunes and Mycelia.
Another Thought
Before recording was invented, artist earned their money with performing. Maybe that should be the way for the future?
Peertrack is on a Graphene chain like Steem. The name of the token and blockchain is MUSE. It's quiet for the moment but I remain optimist on its future.