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
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
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