Royalty Exchange was set up in 2011 to act as a broker/marketplace to connect owners of copyrights with private investors looking to buy a share of the future earnings of those copyrights.
The company says the model is not about surrendering control of copyrights but rather is based on an earnings-share model. It has just announced that it has closed a $6.4m convertible note to fund its future growth and expansion. Royalty Exchange says it had originally planned to raise $3m but, due to demand, increased the offering.
The company claims that “royalties are the world’s largest asset class without an established marketplace” and it aims to bring greater transparency to this space by creating an online auction platform where bids and final deals are made public – rather than happening in private. They feel this gives a more visible measurement of the value of copyrights.
For example, as of 19th June and with two days left on the auction, a share of public performance royalties earned by jazz saxophonist Kim Waters has attracted 10 bids and has a current price of $21,500 – which increased from a starting price of $17,000.
Spotify has published its much anticipated 2016 revenues. Because the company is under so much analytical scrutiny, there is little that is particularly surprising but there is still plenty we can learn from the results: Growth maintains momentum: Spotify recorded revenues of €2.9 billion in 2016, up 51% from €1.9 billion in 2015. Although that was a lower growth rate in % terms (80% for 14/15), it was a bigger net add in revenue terms (€989 million net new revenue in 2016 compared to €863 million in 2015). Spotify still has some way to go before it challenges Netflix’s $8.2 billion streaming revenue, but it is making clear progress. Spotify is getting ready for public reporting: The 2016 accounts featured heavy restating of previous year figures and many line items from last year’s accounts were no longer reported. All of which points to an organization getting its reporting structures in place for a public listing of some kind. ARPU is a mixed story: Spotify’s total monthly user ARPU increased from €1.82 in 2015 to €1.94, driven by a small increase in ad supported user APRU and, more importantly, a higher share of paid users (38% in 2016 compared to […]
Dans un arrêt rendu le 14 juin 2017 dans l’affaire C-610/15 Stichting Brein/Ziggo BV, XS4All Internet BV la Cour de justice de l’Union eupropéeenne (CJUE) a précisé que la fourniture et la gestion d’une plateforme de partage en ligne d’œuvres protégées telle que «The Pirate Bay» peut constituer une violation du droit d’auteur Même si les œuvres concernées sont mises en ligne par les utilisateurs de la plateforme de partage, ses administrateurs jouent un rôle incontournable dans la mise à disposition de ces œuvres Ziggo et XS4ALL sont des fournisseurs d’accès à Internet. Une partie importante de leurs abonnés utilise la plateforme de partage en ligne « The Pirate Bay ». Cette plateforme permet aux utilisateurs de partager et de télécharger, par fragments (« torrents »), des œuvres qui se trouvent sur leurs propres ordinateurs Rappelons que BitTorrent est un protocole par lequel les utilisateurs peuvent partager des fichiers. Les fichiers à partager sont fragmentés en petits éléments, ce qui allège la charge des serveurs individuels lors du processus de partage. Pour pouvoir partager des fichiers, les utilisateurs doivent d’abord télécharger un logiciel spécifique, qui permet de créer des fichiers torrents. Les fichiers torrents renvoient à un serveur centralisé […]
Amazon has made tentative moves recently to help developers start to make money from their Alexa skills, developed for the company’s Echo devices.
However, Amazon is also cracking down on one of the early attempts by a third-party company to provide a similar service. Startup VoiceLabs had launched a feature called ‘sponsored messages’ for Alexa skills in January this year, delivering millions of voice ads since then for its clients.
Now it’s had to shut the service down, after Amazon tweaked its policies. For Amazon’s part, it says it is adapting its policies to protect users.
The post Amazon cracks down on Alexa-like ads for Echo appeared first on Music Ally.
Source: Music ally
“Today we #WITNESS history. Congratulations @katyperry, the first to reach 100 million followers!” announced Twitter’s official account on Friday.
The company encouraged fans to share their “favourite Katy Perry moments” in celebration of the milestone – no, her new album going in at number six in the UK albums chart that day doesn’t count, cynics – but there has been some discussion of just how accurate the 100m milestone is.
The post Does Katy Perry really have 100m Twitter followers? appeared first on Music Ally.
Source: Music ally