| |
"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum."
Investment Highlights
- U.S. recorded music market is $6.7 billion
- 70% of digital music revenues are expected to consist of streaming and subscriptions by 2019
- CÜR Media is the first streaming radio service to give users a true social music experience
- A 2,000 person survey done by Toulna Research indicates strong demand for a social music experience
- CÜR Media has reached agreements in principle with the three major labels (Universal, Sony Music and Warner Music Group) to use their music/artists on CÜR Media platform
- Multiple potential revenue streams (subscription, advertising, in-app purchases)
- CÜR Music aims to be the lowest priced music subscription service on the market
- Strong management team and advisory board
- CÜR Music iPhone App and website has 100+ alpha testers; testing sets the stage for a Beta test and a product launch in late-2015
- $3.2 million in proceeds from warrant exercise provides capital to complete development and launch CÜR Music
- Royalty rates charged by free streaming services are not currently generating profits; artists/songwriters unhappy with royalty rates; moving industry toward on-demand payments
Click here for the complete research report.
For Further Information, Contact:
RedChip Companies, Inc.
1017 Maitland Center Commons Blvd. Maitland, FL 32751,
1 (800) 733-2447
Fax: (407) 644-0758,
[email protected]
Visit: www.RedChip.com
|
|
