RightsShare: Reshaping the music industry

By: Andy Zondervan Session 3 14:15 — 14:45

Electronic Dance Music is the soundtrack of the digital revolution. It grew BIG with global revenues of more than 7 billion US$ in 2016. The Netherlands is considered as the birthplace: the Amsterdam Dance Event 2017 attracted 395,000 attendees (2,500 artists, 500 shows, 160 locations) and a handful Dutch DJs belong to the world’s best (DJ Hardwell, DJ Tiësto, DJ Armin van Buuren and DJ Martin Garrix).

Backed by DJ Hardwell (16M US$ revenues in 2016, dominant in social media (8,8M likes by 900M users on Facebook, 5,5M Twitter followers, and 3,8M YouTube subscribers), DJ Tiësto (38M US$ in 2016) and Black Hole Recordings (more than 100 EDM artists and more than 70 EDM labels), the aim is to build a platform to introduce and accelerate a seamless rights licensing and settlement procedure with the EDM music industry as the launching party.

Time is ticking…

83

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23

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24

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