Music360: Modeling the Value of Music

Giovanni Giachetti, Daniel Catalá, Blanca de Miguel, Conrado Carrascosa, María de Miguel, Oscar Pastor

Research output: Contribution to journalConference articlepeer-review

Abstract

Music played in shops, bars, restaurants, and other venues contributes to their revenue, increases the well-being of people, and is an essential source of revenue for intellectual property rights (IPR) holders of the music. However, these venues that reproduce music lack information about the value the music provides to their business, music Organizations (CMOs) lack information for accurate royalty distribution, creators lack information about the usage of their music, and policymakers are in the dark about the social and economic value of music. We aim to create a model-driven platform that supports the transparent delivery of music usage and value provided to stakeholders in the EU music ecosystem, including, creators, venues, and policymakers. As a result, creators will be able to identify new business opportunities and have a clear vision of royalties distribution, venues will be able to assess the value of music for their revenue, and policymakers gain insight into the impact of different events in the music ecosystem.

Original languageEnglish
Pages (from-to)105-110
Number of pages6
JournalCEUR Workshop Proceedings
Volume3413
Publication statusPublished - 2023
EventResearch Projects Exhibition Papers Presented at the 35th International Conference on Advanced Information Systems Engineering, CAiSE-RPE 2023 - Zaragoza, Spain
Duration: 12 Jun 202316 Jun 2023

Keywords

  • Model-Driven Engineering
  • Music Value
  • Property Rights

ASJC Scopus subject areas

  • General Computer Science

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