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2017, Aug 01
Indian entrepreneur Rahul Rumalla to tackle $2.5bn in music royalty black boxes with music technology startup Paperchain
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
2 mins read