Rhymeduck music service - Heesung Do

Creative Commons Korea
Creative Commons KoreaWeb producer at Creative Commons Korea
WANTREEZ MUSIC 12015-10
RHYMEDUCK
MUSIC SERVICE
CC GLOBAL SUMMIT 2015
WANTREEZ MUSIC INC.
http://www.wantreez.com
http://www.rhymeduck.com
Tel. 02-6925-4497
Fax. 02-6008-0418
heesung@wantreez.com
WANTREEZ MUSIC 22015-10
2
WANTREEZ MUSIC
WORLD’S BEST B2B MUSIC SERVICE
WANTREEZ MUSIC is a company created to provide wants best suited to customers’ needs.
The company wants to be the best partner capable of solving problems related to music and
content for both businesses and customers.
FOUNDATION 2011.05
RELATED
WANTREEZ MUSIC 32015-10
WANTREEZ MUSIC 42015-10
01
Music providing service to support stores to use suitable music legitimately.
RHYMEDUCK
SERVICE
Offline storesComposer
Performer
Producer
BGM
service provider
 Selecting Music
Consulting suitable music and mood for clients as time passes
 Scheduling & Recording
Organizing promotional materials, closing alarm for each stores
 Technical Supports
Supporting media player(via PC, STB)
 Radio advertising
Winning a contract from advertisers
WANTREEZ MUSIC 52015-10
02
25,000 stores as our clients
5 million listeners each day
Unrivalled No. 1 growth rate in the industry
Clients
WANTREEZ MUSIC 62015-10
What is special about RHYME DUCK ?
WANTREEZ MUSIC 72015-10
03
A large size market should pay music royalty for their BGM as following
Music royalty (in Korea)
about 3,400 USD / month
If there are 1,000 markets, they should pay following royalty annually…
about 40,000,000 USD
WANTREEZ MUSIC 82015-10
04
Dramatic cost reduction by using CCL(Creative Commons Licensed) music
• We’ve been contacted a lot of artists over the world
• So we could build our own music database containing 1M music tracks with all genres
• By using our solution, no one have to pay another royalties to any associations or
distributors
Our solution
Performance
License Fee
30%
Performance
Remuneration
(Producer)
25%
Performance
Remuneration
(Performer)
25%
Service License
Fee
20%
[BGM royalty structure]
Reductions under Creative
Commons License
An average 80% of the cost can be
saved!
1,500,000 USD per year
Supermarkets in 141 locations nationwide
324,000 USD per year
Coffee shops in 540 locations nationwide
93,600 USD per year
Shopping complexes in 2 locations nationwide
[Example of royalties by type of business]
WANTREEZ MUSIC 92015-10
‘A’ department BGM cost structure
(In 2013, 5 stores, USD/Year)
PERFORMANCE FEE
(PERFORMER)
$26,100
PERFORMANCE FEE
(PRODUCER)
$26,100
PERFORMANCE FEE
(COMPOSER)
$52,200
SERVICE FEE $18,000
Using regular music
SERVICE FEE
INCLUDING ROYALTIES
$30,000
Using RHYMEDUCK
90,000 USD can be saved annually
REQUIRED CUSTOMERS TO COVER MUSIC ROYALTIES
(PURCHASE PER CUSTOMER: $65,000, PROFIT: 30%, National Statistical Office Korea)
Regular music
6,154
PERSONS
RHYMEDUCK
1,539
PERSONS
VS +
SURPLUS MKT BUDGET
WANTREEZ MUSIC 102015-10
THANK
YOU
RHYMEDUCK
is provided by
WANTREEZ MUSIC INC.
DB BLDG. 4F, 146-7 Samseong, Gangnam, Seoul, Korea
02-6925-4497
02-6008-0418
heesung@wantreez.com
http://www.wantreez.com
http://www.rhymeduck.com
ADRESS
PHONE
FAX
EMAIL
WEB
1 of 10

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Rhymeduck music service - Heesung Do

  • 1. WANTREEZ MUSIC 12015-10 RHYMEDUCK MUSIC SERVICE CC GLOBAL SUMMIT 2015 WANTREEZ MUSIC INC. http://www.wantreez.com http://www.rhymeduck.com Tel. 02-6925-4497 Fax. 02-6008-0418 heesung@wantreez.com
  • 2. WANTREEZ MUSIC 22015-10 2 WANTREEZ MUSIC WORLD’S BEST B2B MUSIC SERVICE WANTREEZ MUSIC is a company created to provide wants best suited to customers’ needs. The company wants to be the best partner capable of solving problems related to music and content for both businesses and customers. FOUNDATION 2011.05 RELATED
  • 4. WANTREEZ MUSIC 42015-10 01 Music providing service to support stores to use suitable music legitimately. RHYMEDUCK SERVICE Offline storesComposer Performer Producer BGM service provider  Selecting Music Consulting suitable music and mood for clients as time passes  Scheduling & Recording Organizing promotional materials, closing alarm for each stores  Technical Supports Supporting media player(via PC, STB)  Radio advertising Winning a contract from advertisers
  • 5. WANTREEZ MUSIC 52015-10 02 25,000 stores as our clients 5 million listeners each day Unrivalled No. 1 growth rate in the industry Clients
  • 6. WANTREEZ MUSIC 62015-10 What is special about RHYME DUCK ?
  • 7. WANTREEZ MUSIC 72015-10 03 A large size market should pay music royalty for their BGM as following Music royalty (in Korea) about 3,400 USD / month If there are 1,000 markets, they should pay following royalty annually… about 40,000,000 USD
  • 8. WANTREEZ MUSIC 82015-10 04 Dramatic cost reduction by using CCL(Creative Commons Licensed) music • We’ve been contacted a lot of artists over the world • So we could build our own music database containing 1M music tracks with all genres • By using our solution, no one have to pay another royalties to any associations or distributors Our solution Performance License Fee 30% Performance Remuneration (Producer) 25% Performance Remuneration (Performer) 25% Service License Fee 20% [BGM royalty structure] Reductions under Creative Commons License An average 80% of the cost can be saved! 1,500,000 USD per year Supermarkets in 141 locations nationwide 324,000 USD per year Coffee shops in 540 locations nationwide 93,600 USD per year Shopping complexes in 2 locations nationwide [Example of royalties by type of business]
  • 9. WANTREEZ MUSIC 92015-10 ‘A’ department BGM cost structure (In 2013, 5 stores, USD/Year) PERFORMANCE FEE (PERFORMER) $26,100 PERFORMANCE FEE (PRODUCER) $26,100 PERFORMANCE FEE (COMPOSER) $52,200 SERVICE FEE $18,000 Using regular music SERVICE FEE INCLUDING ROYALTIES $30,000 Using RHYMEDUCK 90,000 USD can be saved annually REQUIRED CUSTOMERS TO COVER MUSIC ROYALTIES (PURCHASE PER CUSTOMER: $65,000, PROFIT: 30%, National Statistical Office Korea) Regular music 6,154 PERSONS RHYMEDUCK 1,539 PERSONS VS + SURPLUS MKT BUDGET
  • 10. WANTREEZ MUSIC 102015-10 THANK YOU RHYMEDUCK is provided by WANTREEZ MUSIC INC. DB BLDG. 4F, 146-7 Samseong, Gangnam, Seoul, Korea 02-6925-4497 02-6008-0418 heesung@wantreez.com http://www.wantreez.com http://www.rhymeduck.com ADRESS PHONE FAX EMAIL WEB