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Ed Averdieck, CEO and Co-founder of CueSongs - IAB UK

Ed Averdieck, CEO and Co-founder of CueSongs - IAB UK

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Simplifying the challenges <strong>of</strong> sync<br />

licensing in the digital age - <strong>Ed</strong><br />

<strong>Averdieck</strong>, <strong>CEO</strong> <strong>and</strong> <strong>Co</strong>-<strong>founder</strong> <strong>of</strong><br />

<strong>CueSongs</strong><br />

iabuk.net/contact<br />

23 May 2012


Simplifying The Challenges<br />

<strong>of</strong> Sync Licensing in the<br />

Digital Age<br />

<strong>Ed</strong> <strong>Averdieck</strong> – <strong>Co</strong> <strong>founder</strong><br />

& <strong>CEO</strong> <strong>CueSongs</strong><br />

Sound Investment II Presentation 23.05.12


Assumption 1: Froms ads to content


The evolution <strong>of</strong> video formats


Assumption 2: The future <strong>of</strong> content...is more for<br />

less


Assumption 3: Engagement is still proportional to<br />

content quality<br />

<strong>Co</strong>ntent Quality<br />

Engagement


“Lick the lollypop <strong>of</strong> mediocrity <strong>and</strong> you’ll suck for<br />

ever”<br />

Brian Wilson


Licensing music can be a real hassle!<br />

Familiar moans<br />

“Figures quoted sometimes seem<br />

excessive <strong>and</strong> just arbitrary”<br />

“The publishers are not geared to<br />

smaller users – they don’t have the<br />

resources to deal with them”<br />

“I don’t know who to speak to - they don’t<br />

know me – <strong>and</strong> I feel they must get<br />

millions <strong>of</strong> requests!<br />

“A positive outcome uncertain – is it<br />

worth being legal?”


Why <strong>CueSongs</strong>?<br />

“The old world <strong>of</strong> music licensing is<br />

still the exclusive province <strong>of</strong> the<br />

few. It is too expensive for most,<br />

rarely available online <strong>and</strong> can be<br />

painfully slow <strong>and</strong> complicated.”<br />

Peter Gabriel


Assumption 4: Clients would pay more to license<br />

iconic music if it was easier to do<br />

Volume <strong>of</strong> campaigns<br />

Production Budget for Music


Assumption 4: Clients would pay more to license<br />

iconic music if it was easier to do<br />

Volume <strong>of</strong> campaigns<br />

Production Budget for Music


Existing model for sync licensing<br />

“Business Class”<br />

Film, Broadcast, Traditional Adds<br />

budgets between £10k <strong>and</strong> £1million<br />

“Business Class”<br />

“Economy”<br />

“Economy”<br />

Music Libraries<br />

Anonymous artists<br />

Mostly less than £200 per transaction


Space for “Premium Economy”?<br />

“Premium<br />

Economy”<br />

“Premium Economy”<br />

Pre-cleared known repertoire from<br />

known artists for online usage.<br />

Between £100 - £5k per<br />

transaction


The Industry needs new solutions<br />

for a new l<strong>and</strong>scape<br />

• A “one stop shop” service<br />

• Immersive Music Search <strong>and</strong><br />

licensing system<br />

• “Technology when you want<br />

it, people when you don’t”


<strong>Co</strong>ntact us<br />

Website : www.cuesongs.com<br />

E mail: music@cuesongs.com

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