August, 2017

Square Co-Founder Jim McKelvey to Keynote RightsTech Summit

In 2009 Jim McKelvey was a practitioner and teacher of the art of glassblowing and author of a leading textbook on the subject, The Art of Fire. Frustrated by his inability to complete a $2,000 sale of his glass faucets and fittings because he could not accept credit cards he approached his friend, Jack Dorsey, the co-founder of Twitter.

From that collaboration, Square, Inc., was born, which revolutionized the world of payment processing by turning any smartphone and tablet into a credit card reader and cash register.

That nexus, between artistry and innovation, is the core of the RightsTech Revolution, and will be the focus of McKelvey’s keynote fireside chat at the RightsTech Summit in New York on September 27th.

In addition to Square, McKelvey is the co-founder of the Third Degree Glass Factory in St. Louis, and a partner in Cultivation Capital, an early-stage investment fund.

He also sits on the board of directors of Calpian  Inc., which offers mobile money solutions through its Indian subsidiary MoneyOnMobile, and is an independent director of the St. Louis Federal Reserve.

His latest venture, LaunchCode, is a non-profit organization that aims to grow new talent and create pathways to on-the-job training and employment.

Jim will discuss his evolution from artist to entrepreneur, his strategies for building and growing companies, and the ongoing evolution of the Square Payments Platform.

For information on how to register for the summit click here.

musicFirst Targets YouTube, iHeart, Sirius Over Fair Pay In New Ad Campaign 

Music industry coalition musicFIRST, the trade body that includes the RIAA, A2IM, SoundExchange and the American Federation of Musicians among its founding members, launched a national digital ad campaign today that takes aim at radio, streaming and the U.S. Copyright Act with the goal of advancing its fair play, fair pay initiative.

Source: musicFirst Targets YouTube, iHeart, Sirius Over Fair Pay In New Ad Campaign | Billboard

Goldman Sachs: Streaming revenues will jump 500%+ by 2030

The global music business is about to explode thanks to streaming – and its biggest rights-holders are going to be worth a fortune. That’s the overriding message in a new report from Goldman Sachs, which predicts that global revenues from music streaming will hit $28bn by 2030.

Source: Goldman Sachs: Universal is worth $23.5bn – and streaming revenues will jump 500%+ by 2030 – Music Business Worldwide

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