Rhymeduck music service - Heesung Do

WANTREEZ MUSIC 1 2015-10

RHYMEDUCK MUSIC SERVICE

CC GLOBAL SUMMIT 2015

WANTREEZ MUSIC INC.

http://www.wantreez.com

http://www.rhymeduck.com

Tel. 02-6925-4497

Fax. 02-6008-0418

[email protected]


2

WANTREEZ MUSIC WORLD’S BEST B2B MUSIC SERVICE

WANTREEZ MUSIC is a company created to provide wants best suited to customers’ needs.

The company wants to be the best partner capable of solving problems related to music and

content for both businesses and customers.

FOUNDATION 2011.05

RELATED


01

Music providing service to support stores to use suitable music legitimately.

RHYMEDUCK SERVICE

Offline stores Composer

Performer

Producer

BGM service provider

Selecting Music

Consulting suitable music and mood for clients as time passes

Scheduling & Recording

Organizing promotional materials, closing alarm for each stores

Technical Supports

Supporting media player(via PC, STB)

Radio advertising

Winning a contract from advertisers


02

25,000 stores as our clients

5 million listeners each day

Unrivalled No. 1 growth rate in the industry

Clients


What is special about RHYME DUCK ?


03

A large size market should pay music royalty for their BGM as following

Music royalty (in Korea)

about 3,400 USD / month

If there are 1,000 markets, they should pay following royalty annually…

about 40,000,000 USD


04

Dramatic cost reduction by using CCL(Creative Commons Licensed) music

• We’ve been contacted a lot of artists over the world

• So we could build our own music database containing 1M music tracks with all genres

• By using our solution, no one have to pay another royalties to any associations or

distributors

Our solution

Performance License Fee

30%

Performance Remuneration (Producer)

25%

Performance Remuneration (Performer)

25%

Service License Fee

20%

[BGM royalty structure]

Reductions under Creative Commons License

An average 80% of the cost can be

saved!

1,500,000 USD per year Supermarkets in 141 locations nationwide

324,000 USD per year Coffee shops in 540 locations nationwide

93,600 USD per year Shopping complexes in 2 locations nationwide

[Example of royalties by type of business]


‘A’ department BGM cost structure (In 2013, 5 stores, USD/Year)

PERFORMANCE FEE

(PERFORMER)

$26,100

PERFORMANCE FEE

(PRODUCER)

$26,100

PERFORMANCE FEE

(COMPOSER)

$52,200

SERVICE FEE $18,000

Using regular music

SERVICE FEE

INCLUDING ROYALTIES

$30,000

Using RHYMEDUCK

90,000 USD can be saved annually

REQUIRED CUSTOMERS TO COVER MUSIC ROYALTIES (PURCHASE PER CUSTOMER: $65,000, PROFIT: 30%, National Statistical Office Korea)

Regular music

6,154

PERSONS

RHYMEDUCK

1,539

PERSONS VS +

SURPLUS MKT BUDGET


THANK YOU

RHYMEDUCK is provided by WANTREEZ MUSIC INC.

DB BLDG. 4F, 146-7 Samseong, Gangnam, Seoul, Korea

02-6925-4497

02-6008-0418

[email protected]

http://www.wantreez.com

http://www.rhymeduck.com

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