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EVEARA

EVEARA: Testing a New Business Model for Digital Music Distribution

Total Cost €

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EC-Contrib. €

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Partnership

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 EVEARA project word cloud

Explore the words cloud of the EVEARA project. It provides you a very rough idea of what is the project "EVEARA" about.

tunes    apple    advantage    services    offers    industry    software    hundreds    model    holders    booming    nor    billion    exponentially    annually    channels    missing    serving    share    popping    90    industries    base    surpassed    simplifying    redesigning    more    rights    outlets    smes    complicated    link    label    listeners    benefits    market    eliminating    serve    streamed    living    2016    september    degree    distributors    quickest    ease    distribute    europeans    revolutionary    trying    expansion    first    revised    markets    launch    copyright    enterprises    designed    ing    accordingly    sales    clients    stream    fastest    b2b    businesses    service    deezer    thousands    never    labels    world    for    ingested    500    quarter    levels    physical    sme    feedback    download    global    demand    producers    time    shared    music    business    revenues    white    extensive    empowers    professionals    telecoms    14    digital    downloaded    spotify    artists       eveara    strategy   

Project "EVEARA" data sheet

The following table provides information about the project.

Coordinator
EVEARA LIMITED 

Organization address
address: 16A WEST BEACH
city: COBH CORK
postcode: n.a.
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Ireland [IE]
 Project website http://www.eveara.com
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2016
 Duration (year-month-day) from 2016-08-01   to  2017-01-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    EVEARA LIMITED IE (COBH CORK) coordinator 50˙000.00

Map

 Project objective

For the first time, digital music surpassed physical music sales in the first quarter of 2016. This booming industry is growing quickest in Europe, at 14% annually. Europeans want to download and stream music, especially European music. More and more demand side services (Apple, Deezer, Spotify, etc.) are popping up as a result – now more than a billion tunes are streamed/downloaded from 500 services. Each service has its own specific, extensive, and often complicated requirements for how music is ingested into it, however, eliminating over 90% as viable outlets for artists and rights holders (SMEs) trying to make a living from their music.

EVEARA is the missing link for those SMEs to access all relevant digital distribution channels and reach markets and listeners exponentially, increasing their revenues and creating new white label businesses throughout Europe. By serving multi-channels (artists, SME producers/labels and other copyright holders, and large enterprises), EVEARA is not only simplifying digital distribution to a degree that has never been done before, but it is also creating a revolutionary business model that will take 1.6% of the market share. EVEARA empowers SMEs to distribute in one step. No other service in the world offers the ease and benefits of EVEARA, designed particularly for Europeans by European music professionals, nor approaches the problem from a top down business model. B2B partnerships with music distributors, telecoms, etc. are providing a base of immediate revenues and hundreds of thousands of artists and rights holders. This study will help us serve those European clients better by testing a launch strategy to them in September and redesigning software and sales elements accordingly based on their feedback. The sales strategy will be revised accordingly for global expansion, resulting in European music being shared at new levels across the world, and EU SMEs taking advantage of one of the fastest growing global industries.

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The information about "EVEARA" are provided by the European Opendata Portal: CORDIS opendata.

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