"...at this point it’s impossible to predict the true return for rights holders given early statistics."
(PRWEB) October 25, 2011
Amos Biegun, CEO of Counterpoint Systems, the world’s leading provider of rights and royalties software, has taken a closer look at the impact of Spotify on rights holders in a white paper entitled, “Who Will Benefit from Spotify Over the Long Term,” published today on the company’s website.
Biegun, a veteran of the music industry for over 20 years, has a deep understanding of rights management and talent compensation. His company, Counterpoint Systems, supports some of the largest music (BMG Rights Management), media and entertainment (20th Century Fox), and brand licensing companies (Mattel) in the world with its Maestro suite of software developed and refined during its twenty five year history.
Taking a global look at Spotify’s business, Biegun explores the roles of the many stakeholders involved in the model, i.e., rights holders, consumers, advertisers, partners (Facebook), and Spotify itself, and raises important questions about the benefits to each.
“We’ve seen a lot of shifts in the rights distribution model during our time in this unique space,” says Biegun. “Distributing rights online isn’t new to us or the marketplace. What is new is the sheer number of songs being distributed by Spotify through streaming.” Slicing and dicing the dollars that emanate from streaming content has become the subject of much debate.
In his paper, Biegun discusses the feasibility of the model over the long run given similarities and differences between Spotify and its online distribution predecessors. He also cites industry experts and statistical data that provide a clear picture of where the industry is headed and the overall value to online distribution of music and other content.
This is a must-read for anyone who creates, distributes, or listens to music. To download a copy of “Who Will Benefit from Spotify Over the Long Term,” click here.
To learn more about Counterpoint Systems or Amos Biegun, who will be moderating a panel on the “Future of Soundtrack” at the A2IM Licensing Day in Los Angeles, October 26, 2011, please visit http://www.counterp.com.
About Counterpoint Systems
Founded in 1987, Counterpoint Systems is the world leader in software solutions for rights management, royalty accounting and product licensing for the music, media, and brand licensing industries. The company’s specialized software products employ the most sophisticated and up-to-date technologies and its dedication to research and development ensures that Counterpoint keeps pace with changes in legislation and industry practices. Counterpoint Systems’ extensive client list includes 20th Century Fox, BMG Rights Management, Concord Records, eMusic, Mattel, MTV Networks, National Geographic, NHL Enterprises, Paramount Pictures and The Beanstalk Group.
Counterpoint Systems is headquartered in London and has offices in Los Angeles and New York. For more information, visit http://www.counterp.com.