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Music Royalties Calculator

Thu, Nov 16, 17

The Music Team Royalties Calculator is a single page application prototype that demonstrates a framework where users can register and calculate the share or royalty revenues for each holder generated by different revenue streams for a given song or track, where the data is stored in the Ethereum blockchain.

In this use case, the blockchain is used as an immutable registry that solves for data integrity across multiple organisations for the music industry and can also serve to automatically simulate the issuing of payments to share or royalty holders.

Smart contracts manage the allocation of shares or royalty revenues for existing and new revenue streams or models based on the contours of copyright law and business practice.These are calculated based on the ownership percentages of publishing and recording rights and of other shareholders.

Stakeholders

Full Version of Music Royalties Calculator