Company Performance Metrics
Chris van Vleit: Interims CTO
Chris Labasky: Interim Developer LeadPast Role: Favor Delivery, Co-Founder & CIO
Gideen is a tech company focused on Long Tail Monetization, helping up to 900 million music makers worldwide to monetize their music.
In the current transition from a B2C music market to a Prosumer2Prosumer market, 20 million new songs are recorded per year (# from 2014 and growing). That's overwhelming 166% of the 12 million songs
contracted from all existing record labels and music publisher together within the last 100 years.
As a result, 650 million songs are "orphan on the shelf" with less than 2$ in yearly revenues.
Music makers, labels, artists, music managers working actively for 6 month to 5 years to promote a music recording and then usually give up, if a song hasn't reached a minimum income of 20$ per year to cover handling costs (counts for 99.99% of all music in existence).
Gideen acquires a 50% equity ownership of uploaded and contract free songs.
After optimizing financial performance and value of these assets through proprietary technology, innovative business models and by leveraging existing infrastructure from our Parasongs sister companies in Germany, Japan, Australia and the US, seasoned assets will be sold in aggregated song catalogs back to institutional investors as financially rated annuity producer for 12 to 15times yearly revenues.
Within a 5 year period, Gideen creates 15$ out of every micro-revenue Dollar generated, the highest monetization-ratio for music catalog assets in history.
In February 2015, Gideen has opened the largest job market to produce customized music (99design for music) to connect Gideen's music makers with music buyers in 30 seconds.
