Category: Features

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    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