And then streaming music came along and changed EVERYTHING

Join this on-demand webinar hosted by Vistex and MusicBiz where we’ll be discussing the current status for streaming music business models, its benefits, and challenges

Streaming Music Business Models

• YouTube – #1 source of music listening in the world
• Pandora – a net radio type of model
• Spotify – infinite music collection

Benefits of Streaming Platform

• Low Cost/No Cost (ad supported options)
• Has brought about a decrease in piracy

Challenges (for the Music Industry) with Streaming Music

• Hard to store/organize – requires lots of digital infrastructure
• Difficult for computers to process and aggregate micro penny payments from digital service providers
• Fluctuating value of streams
• Difficult to regulate/enforce unauthorized use
• Old artist contracts don’t address this type of revenue
  We will also explore tough questions that are weighing on music publishers and artists minds
  , Will people stop actually owning music? Will artists be fairly compensated for their work? Join us for the latest insights in streaming content trends

Vistex offers solutions for big data and streaming sales, including:

• Better Reporting – Statement Portal and customizable analytics
• Cloud based – Today’s music companies have employees all over the world many working from home
• Compression/Aggregating Data – Micro-penny sales lines can be aggregated which reduces rounding errors and improves royalty calculation results
• Performance – fully scalable for big data streaming sales files
• Today many sales contain millions of individual sales lines
• Each line might only represent 1/10,000 of a cent
• This type of volume is very difficult for conventional software to manage

Dave Bagley

Manager of Music Industry Solutions at Vistex

Aashish Pathak

Music Solutions Engineer at Vistex

See how it all adds up

Watch the On-Demand Webinar Now