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Articles

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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Jun 26, 2017

Paperchain invited to the Wallifornia Music Tech Summit Acceleration & Invest Program

Held just before the Les Ardentes Festival, the Acceleration & Invest program culminates with a fundraising pitch in front of investors.

Valencia, Spain – Paperchain, the global music technology company providing data validation services to music copyright owners, has been invited by Wallifornia MusicTech to take part in its Acceleration & Invest Program, happening July 3 - 7 in Liege, Belgium.

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