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TrueTalent

TrueTalent - Creating the new artist economy

Total Cost €

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EC-Contrib. €

0

Partnership

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 TrueTalent project word cloud

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

recommendation    disrupt    opera    70    platform    assessments    strengths    generating    peer    remove    companies    performing    live    artist    3bn    innovative    video    artistic    humans    20    date    offers    insignificant    productions    tools    performances    festivals    statistically    truelinked    arts    contracts    cultural    orchestras    fees    business    job    audio    weaknesses    outcome    evaluations    detracting    danish    online    repertoire       normally    global    programming    score    platforms    fairer    income    bias    direct    freelance    model    technologies    132    giving    quality    financing    2020    unstructured    funds    risks    market    decrease    booking    grow    projections    start    planning    share    reviews    artists    save    budgets    transparency    insights    music    talent    algorithm    public    67    maximizing    efficiency    casting    data    judge    adjustments    industry    900    review    feasibility    revenues    secure    500   

Project "TrueTalent" data sheet

The following table provides information about the project.

Coordinator
NETWORK SERVICE FOR TRUELINKED APS 

Organization address
address: THISTEDGADE 10
city: TAASTRUP
postcode: 2630
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 Denmark [DK]
 Project website http://truelinked.com
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.6. (SOCIETAL CHALLENGES - Europe In A Changing World - Inclusive, Innovative And Reflective Societies)
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 2018
 Duration (year-month-day) from 2018-03-01   to  2018-11-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    NETWORK SERVICE FOR TRUELINKED APS DK (TAASTRUP) coordinator 50˙000.00

Map

 Project objective

TrueLinked is a Danish start-up with an innovative business model to disrupt the classical music and opera industry through the use of new technologies to bring more transparency and efficiency to the planning and programming of live performances. Our online platform offers 900 arts organisations (opera companies, orchestras and music festivals) unique online tools to access new talent (500,000 performing artists) and save 60-70% of resources for casting processes allowing a better use of artistic budgets and more available funds for new productions. Artists will increase job opportunities by maximizing their talent, repertoire and availability. Also their income will grow through the reduction of booking fees from 10-20% to 6%. The decrease public funding for the cultural sector and the increase of freelance contracts for artists are challenges that arts organisations and artists are facing at global/ EU level. The expected outcome of our feasibility study is a new algorithm for peer review to make the artistic quality assessments data-driven and remove bias from evaluations. It is currently a challenge to use data to judge the artistic quality of artists, as this normally done by humans. For 2020 the projections are 132,000 artists and 1,100 arts organisations on our online platforms with booking values estimated at €1.3bn generating €67 in revenues. This will allow TrueLinked to secure a share of global and European booking market. Future risks concern peer reviews being statistically insignificant or peer reviews detracting artists from TrueLinked. The feasibility study will result in a fairer and more up-to-date recommendation score for each artist giving arts organisations direct insights into the strengths and weaknesses of artist. The testing of the peer review algorithm, adjustments of our business model and financing resources will be part of it. For Phase 2 the goal is to increase the use of unstructured data (text, video and audio).

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "TRUETALENT" project.

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

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