Blockchain ecosystem for music royalty distributions

Industry

Technology

Company Type

Software

Location

United States

Size

$20,000,000

Investment Type

Equity

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Helping Great Companies Grow

Overview

Client is seeking $20 million to build a Blockchain ecosystem for music royalty distributions, including:

  • Digital platform to capture rights, licenses, and process payments with simpler, better and more efficient technology/workflow
  • Greater transparency of from where royalties are being derived, control to copyright owners, handle significant and growing data, and faster payments to owners
  • Music companies spend millions on custom application development, and then must rewrite software as the industry changes
    • tracking artist rights by spreadsheets and antiquated systems
    • significant opportunity to disrupt this market with more efficient technology
  • Client has delivered software solutions for global music industry clients for over twenty years
  • Client has consistently generated revenue and earnings from its traditional software services platform
Helping Great Companies Grow

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CONTACT US

Hi. We're not around right now. But you can send us an email and we'll get back to you, asap.

Thanks, Ken

Ken Margolis | Managing Partner Castle Placement, LLC
1460 Broadway Street, Rte 400
New York, New York 10036
(212) 418-1188 | C: (516) 712-7784
kmargolis@castleplacement.com

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