About Vistex

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