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Understanding the Music Industry's Black Box Royalties — RightsTech Presentation

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Black box royalties are everywhere and nowhere. There's millions or billions waiting to be claimed.

In the music industry's digital era, there's been greater interest in the payment accountability from all industry stakeholders and service providers. But black box royalties remain a polarizing subject.
How many are there? Who manages them? Are they necessary in the digital streaming and payments era?

Join Rahul Rumalla from Paperchain as he discusses the results of a recent music industry survey on how black box royalties are defined by those working in the industry, and what the industry thinks it means for the future of royalty collection and rights management.

Published in: Entertainment & Humor
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Understanding the Music Industry's Black Box Royalties — RightsTech Presentation

  1. 1. Understanding Music Industry’s Black Box Royalties
  2. 2. RAHUL RUMALLA CTO & Co-Founder of Paperchain Independent Solutions Consultant Ex-Fellow at Open Music Initiative M.A in Music Business Berklee College of Music B.Sc in Computer Science
  3. 3. Our Research ● Surveyed music industry professionals ● Interviewed executives and industry leaders ● An academic thesis ● Data analysis & case studies
  4. 4. Is rights owner identification a problem? 93% think it's urgent 97% think it needs to be solved
  5. 5. What is the underlying problem?
  6. 6. Survey results 95% want a centralized database
  7. 7. Creator challenges Challenges Leading to Creators Lack of knowledge, lack of transparency Mistrust in the system Recording Publishing Rights Orgs
  8. 8. Recording challenges Challenges Leading to Creators Recording Tracking usage, too much time, numerous sources, software Bad metadata, missed reporting Publishing Rights Orgs
  9. 9. Publishing challenges Challenges Leading to Creators Recording Publishing Works registrations, right owner identification, global tracking & collection, technology Lack of metadata, need for centralized rights database Rights Orgs
  10. 10. Rights Org challenges Challenges Leading to Creators Recording Publishing Rights Orgs Lack of standards usage, title matching, lack of reporting Unidentified rights owners & unattributed royalties
  11. 11. Challenges Challenges Leading to Creators Lack of knowledge, lack of transparency Mistrust in the system Recording Tracking usage, too much time, numerous sources, software Bad metadata, missed reporting Publishing Works registrations, right owner identification, global tracking & collection, technology Lack of metadata, need for centralized rights database Rights Orgs Lack of standards usage, title matching, lack of reporting Unidentified rights owners & unattributed royalties
  12. 12. Black box royalties Unallocated royalty funds that are held by rights organizations, often due to non-identification of the copyright owners. If unclaimed ( for 3 years ), funds are disbursed to the organizations’ local members per their market share.
  13. 13. Black Box Categories ● Unidentified performers ● Unidentified master owners ● Unidentified publishers ● Unidentified writers ● Unidentified ownership shares ● Unnotified works ● Unmatched usage to ownership
  14. 14. Black boxes in the music supply chain (DSPs) Unmatched Recordings to Compositions Unidentified performers, master owners & unmatched usage Unidentified publishers, writers & writer shares
  15. 15. 74% Probability of recurrent unidentified cases
  16. 16. Survey results ● 33% do not know where to check if they are owed royalties ● 72% are unaware of the claim processes to follow ● 58% has had a case of missing royalties while 35% don’t even know
  17. 17. Connecting the black boxes
  18. 18. Black box research collaboration
  19. 19. RAHUL RUMALLA Email: rahul@paperchain.io Twitter: @rahulrumalla Website: https://www.rahulrumalla.com

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