RightsTech Summit

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.

Momentum Builds For Music Database, But Controversy May Follow

The music industry has been discussing and debating for years the merits of creating a comprehensive, publicly accessible database of musical works and sound recordings and the ownership information attendant to each — something that does not currently exist. But various multi-stakeholder efforts to compile such a catalog have faltered amid disputes over cost, control, and access, most spectacularly the ill-fated Global Repertoire Database initiative spearheaded by a group of music publishers and performance rights organizations.

Rep. James Sensenbrenner

The need for such data, meanwhile, has only grown more acute, as the volume of new recordings being released each month as exploded and music streaming services churn through vast catalogs, leading to an eruption of disputes and litigation over the proper payment of royalties to rights owners.

Momentum seems to be building, however, behind renewed efforts to compile the universal look-up catalog, although controversy is already bubbling up around some of those efforts. Last week, Rep. James Sensenbrenner (R-Wisc.), the chairman of the House Judiciary Committee’s Intellectual Property Subcommittee introduced the Transparency in Music Licensing Ownership Act, which would instruct the U.S. Copyright Office to compile an open, comprehensive database linking metadata about sound recordings with metadata and ownership information about musical works so that users of sound recordings would be able to identify and locate the current rights owners of the musical works involved. The bill would also appropriate money to compile and maintain the database.

To encourage rights owners to register their works with Copyright Office for inclusion in the database the bill would also limit their ability to bring legal action against alleged infringers if the rights owner has not provided up-to-date information to the Copyright Office.

“Across the country, businesses and establishments play or perform music for the enjoyment of their patrons, but the process of ensuring they are legally able to do so, as well as those who hold the license to the music or recordings being played are fairly compensated, is convoluted and difficult,” Sensenbrenner said in a press release. “The Transparency in Music Licensing Ownership Act is a step forward in simplifying the process and helping business owners to identify copyright holders in one easy location to ensure they comply with licensing and payment requirements.”

How far Sensenbrenner’s bill will go in the current congress is an open question. Very little legislation in moving on Capitol Hill these days amid gridlock over health care reform and the multiple investigations into Russian meddling in the 2016 election. It’s also possible the effort could get dragged into the still unresolved controversy over the appointment of a new Register of Copyrights, a position sill unfilled since the previous Register, Maria Pallante was removed last year by the new Librarian of Congress, Dr. Carla Hayden.

But Sensenbrenner’s bill seems to have lit a fire under other music industry stakeholders who already make commercial use of elements of the data the bill would make public. On Wednesday, the two leading PROs in the U.S., ASCAP and BMI, announced plans to combine their respective catalogs of musical works into a single, unified database and to make it available to others in the industry.

“ASCAP and BMI are proactively and voluntarily moving the entire industry a step forward to more accurate, reliable and user-friendly data, ASCAP CEO Elizabeth Matthews said in a press release. “We believe in a free market with more industry cooperation and alignment on data issues.  Together, ASCAP and BMI have the most expertise in building and managing complex copyright ownership databases.”

Sensenbrenner immediately blasted the move, however, as an attempt to preempt his legislation.

“If BMI and ASCAP were serious about establishing a music database, not only would they have spoken to my office and other interested

Robert Kasunic, Associate Register of Copyrights and Director of Registration Policy and Practice, U.S. Copyright Office

Members of Congress about their plans, but they would have also included their fellow PROs in the initiative,” he said in a statement. “With their announcement today, they are grasping at straws; trying to maintain power over a failing process that only serves their interests, not those of the American consumer.”

The upcoming RightsTech Summit, which will be held September 27th in New York City, will tackle the daunting data challenges music industry and other media sectors face today as digital platforms strain legacy rights management and licensing systems, as well as the renewed efforts to create a comprehensive music rights database.

Executives from Rumblefish and the Harry Fox Agency, Music Reports, and other private companies making commercial use of the data targeted by Sensenbrenner’s bill will discuss the benefits and drawbacks of data sharing and the technological challenges associated with making it available.

The summit will also feature a one-on-one fireside chat with Robert Kasunic, Associate Register of Copyrights and Director of Registration Policy and Practice at the U.S. Copyright Office, who will address copyright reform efforts in the U.S. and elsewhere, including the Transparency in Music Licensing Ownership Act.

For information on registering for the RightsTech Summit, click here.

 

Check Out the Agenda for the RightsTech Summit

Nathan Lands, co-founder and CEO of blockchain-based rights registration platform Binded, Virginie Berger, CEO of Pan-European music rights licensing hub Armonia Online, dotBlockchain Music co-founder Benji K. Rogers, and Dubset Media CEO Stephen White are just a few of the leading rights-management pioneers you’ll meet at this year’s RightsTech Summit in New York.

The summit will be held September 27th at the Museum of Jewish Heritage at Battery Place in lower-Manhattan, as part of the 3-day New York Media Festival. The preliminary agenda for the conference has now been posted on the RightsTech Summit website.

Topics include:

  • The future of machine-to-machine rights management
  • Metadata and unique asset identifiers
  • Authentication, provenance and rights registries
  • Blockchain
  • Licensing hubs and online marketplaces
  • Overcoming resistance to sharing ownership and rights data
  • Copyright reform and technology
  • Investing in rights-tech and copyright-backed assets
  • Trusted data vs. trusted databases

Plus keynotes, special presentations and fireside chats.

Click here for information on registering for the RightsTech Summit and/or the New York Media Festival.

Interested in speaking? Contact Paul Sweeting ([email protected]). For sponsorship and RightsTech membership opportunities, contact Andi Elliott ([email protected]).

 

RightsTech Summit Joins New York Media Festival

The RightsTech Summit is joining the New York Media Festival this year. The one-day Summit will be held on September 27th as part of New York Media Festival’s three-day event series. Other events over the three days include the Digital Music Forum, the NY Games Conference, and the Future of Television. All events will be held at at the Museum of Jewish Heritage at historic Battery Place in New York City.

RightsTech Summit Keynote Conversation With Tim DuBois 

Songwriter and producer, former record label and ASCAP executive, and “recovering CPA” Tim DuBois sat for a fireside keynote chat with RPG Strategies principal Jon Potter at the inaugural RightsTech Summit on July 26 in New York. Among the topics they discussed was the critical role that technology can play in making sure the right people get paid for their work in the music industry.

“I’ve been lucky enough to sit at just about every chair at the table,” within the music business, DuBois recalled. “Anytime that money passes through an organization unnecessarily I get scared. And I have a right to get scared because I’ve worked at most of those organizations. So I know whereof I speak.”

Source: RightsTech Summit Keynote Conversation With Tim DuBois | Concurrent Media

The Inaugural RightsTech Summit: Forward-Thinking Optimism, With Few Music Publishers In Sight 

Dozens of technology, law and music professionals gathered at the Japan Society in New York on Tuesday for the inaugural RightsTech Summit, determined to brainstorm how partnerships between tech companies and content creators could drive smarter rights management and monetization.

Rights tech, like freight forwarding and other under-the-radar industries, is unsexy but wholly necessary, and profitable if done right. Most music-tech startups tend to focus on “first-mile” problems in artists’ careers, such as discovery, marketing and crowdfunding. The last mile—what happens when finished musical works are digitized and, in Rogers’ words, “drop off a data and revenue cliff”—has remained largely untransformed.

Source: The Inaugural RightsTech Summit: Forward-Thinking Optimism, With Few Music Publishers In Sight – Forbes

When Content Moves Faster Than The Money: Paul Sweeting Talks RightsTech Summit 

On July 26, Digital Media Wire (DMW) and Concurrent Media Strategies will present a RightsTech Summit in NYC to address a digital blind spot you may not know about.

If you think attribution when the term “Rights” comes up in the context of digital media, then you’re not seeing an important aspect as far as how tech breakthroughs have impacted content distribution. For now, let’s chat with conference co-chair Paul Sweeting, Principal of Concurrent Media Strategies, LLC, to get a download on the subject.

Source: Screenmancer | When Content Moves Faster Than The Money: Paul Sweeting Talks DMW Rightstech Summit July 26 Event

Wagging Music Publishing’s Long Tail

Bill ColitreLast week’s announcement that the U.S. Copyright Office had successfully accepted a bulk submission of notices of intent (NOIs) for compulsory mechanical licenses in electronic form marked a major milestone, both for the Office and for Music Reports Inc., which delivered the NOIs on behalf of music streaming service Guvera.

Music Reports has been working with the Copyright Office for more than a decade as part of the Office’s fitful, and at times halfhearted, effort to upgrade the creaky, pre-digital process for submitting and accessing music publishing information to at least 20th century standards if not quite 21st. Last week’s successful test run on the Office’s new, electronic submission system, involving about 100 tracks, is believed to be the first such hand-off.

“We’re now ready to start doing this at scale. It’s a big, big step,” Music Report’s VP and general counsel Bill Colitre told RightsTech.com.

But it was only one step toward solving what Colitre says is a much bigger problem: the vast and fast-growing amount of music being released on digital platforms today for which publishing information is not available, if it was ever collected in the first place.

Music’s Middleman Problem: It’s Not What You Think

seabrook-will-streaming-music-kill-songwriting-690Venture capitalist and former music startup founder David Pakman has compiled some grim statistics on the survival rate of VC-backed music services. “Since 1997, according to PitchBook, approximately 175 digital music companies were created and funded by venture investors. Of those, approximately 33 were acquired by larger companies, often for less money than their investors put in,” he writes in a blog post on Medium, taken in part from testimony he gave last year before the Copyright Royalty Board. “Of those who have exited, I believe only seven achieved meaningful venture returns for their investors by returning more than $25 million in profit to their investors (Last.FM, Spinner, MP3.com, Gracenote, Thumbplay, Pandora and possibly The Echo Nest), representing an investor success rate of only approximately 4%, far below that of other internet and technology market segments.

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