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Articles

Aug 11, 2017

The Music Industry Guide to Blockchain

A guide to blockchain technology and why it's being proposed as a solution to many of the music industry's woes.

paperchain music industry guide to blockchain

There’s a lot of discussion in the music industry right now around transparency and rights management. This is in tandem with a discussion on how this would be implemented, and at the moment that discussion is being led by blockchain.

As it’s a relatively new technology, there’s not many who understand the technology and why it would be suggested as a solution for many of the music industry’s rights data challenges.

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Aug 1, 2017

Australian founder Daniel Dewar to tackle $2.5bn in music royalty black boxes with music technology startup Paperchain

Daniel Dewar is basing Paperchain out of London to focus on the large publishing and recording industry opportunities in the US, UK and Europe.

  • When a streaming service or performing rights organisation is unable to identify the rights owner to pay royalties to, unpaid royalties are held in “royalty black boxes”
  • The global value of these royalty black boxes is estimated to be $2.5bn
  • Paperchain has developed a product to connect rights owners to their unpaid royalties
  • Australian founder Daniel Dewar is basing Paperchain out of London to focus on the large publishing and recording industry opportunities in the US, UK and Europe

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Aug 1, 2017

Indian entrepreneur Rahul Rumalla to tackle $2.5bn in music royalty black boxes with music technology startup Paperchain

Rahul Rumalla is basing Paperchain out of London to focus on the large publishing and recording industry opportunities in the US, UK and Europe.

  • When a streaming service or performing rights organisation is unable to identify the rights owner to pay royalties to, unpaid royalties are held in “royalty black boxes”
  • The global value of these royalty black boxes is estimated to be $2.5bn
  • Paperchain has developed a product to connect rights owners to their unpaid royalties
  • Indian entrepreneur Rahul Rumalla is basing Paperchain out of London to focus on the large publishing and recording industry opportunities in the US, UK and Europe

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Aug 1, 2017

London-based startup Paperchain to tackle $2.5bn in music royalty black boxes from 46m NOI filings to US Copyright Office

The music technology company is aiming to solve the music industry's problem of unpaid royalties by helping identify the growing amount of unattributed rights owners.

  • More than 46 million instances of unidentified songwriters or unknown copyright owner Notice of Intents (NOIs) digitally filed with the US Copyright Office by streaming services since April 2016
  • These are filed under the Notice of Intention to Obtain a Compulsory License - Section 115 clause in the US Copyright Act.
  • Royalties are unpaid and go into “royalty black boxes” until the owner is identified or dispersed into the industry
  • The global value of these royalty black boxes is estimated to be $2.5bn
  • Paperchain has developed a product to connect rights owners to their unpaid royalties

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Jul 14, 2017

Paperchain founders taking part in the European Innovation Academy Extreme Entrepreneurship program in Portugal

The program sees Paperchain founders Rahul Rumalla and Daniel Dewar go through an intense development sprint in Portugal in July and August

London, UK – The founders of Paperchain, the global music technology company solving the problem of unpaid royalties to music copyright owners, have been invited by the European Innovation Academy to take part in its Extreme Entrepreneurship program in Portugal throughout July and August.

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