For my daily tasks data would be needed for setting the price of the different licenses and, or identifying the works that were used, exploited, to properly manage the payouts to the rights holders.
Valuing music and projecting royalty flows.
The problem of the music industry is not too little, but too much data. Music is drowning in numbers, and it has too little resources to turn much data into valuable information. We have shown that we open collaboration is the key to success.
The data and intelligence of CEEMID was used in Hungary to create an ex ante evaluation of the new Cseh Tamás Program to support popular music development in Hungary. Our mandate was to create concrete granting proposals that have a high chance of making a change in terms of the later royalty earning capabilities of artists.