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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.

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

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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