Skip to content

Teosto published a report on data-driven innovation in the music industry

09.01.2019

A Symphony, Not a Solo: How Collective Management Organisations Can Embrace Innovation and Drive Data Sharing in the Music Industry -report is the public part of a year-long collaboration of Teosto, The Lisbon Council and ESADE Business School, intended to stimulate discussion among key players in the music industry with the aim of accelerating data-driven innovation in music. The report approaches the phenomenon from the perspective of Collective Management Organisations (CMOs.)

The paper is divided in three sections. Part I will look at the current positioning of CMOs in this new data-intensive ecosystem. Part II will discuss how greater data sharing and reuse can maximize innovation, comparing the music industries with other industries. Part III will make policy and business-model reform recommendations for CMOs to stimulate data driven innovation, internally and in the industry as a whole.

Download the report in PDF.

About Teosto

Teosto is a non-profit organisation founded in 1928 by composers and music publishers to administer and protect their rights. The group represents more than 33,000 Finnish and almost three million foreign composers, lyricists, arrangers and music publishers. Teosto collects and distributes royalties to the music authors it represents, for the public performance and mechanical reproduction of their music in Finland. Its website is www.teosto.fi.

About ESADE Business School

ESADE Business School is a global academic institution known for the quality of its education, its international outlook and its clear focus on holistic personal development. With strong ties to the business world, ESADE stands out for its innovation and contribution to social transformation. ESADE’s greatest asset is its people: faculty, professionals, and more than 60,000 alumni all over the world. Its website is www.esade.edu.

About the Lisbon Council Research

Lisbon Council Research is the scientific, academic arm of the Lisbon Council for Economic Competitiveness and Social Renewal asbl, a Brussels-based non-profit association committed to making Europe “the most competitive and dynamic knowledge-based economy in the world capable of sustainable economic growth with more and better jobs and greater social cohesion,” as European leaders vowed to do in Lisbon, Portugal at a landmark 2000 summit. Lisbon Council Research conducts on-going research into Europe’s economic and social challenges. Its website is www.lisboncouncil.net.

Share on social media
Change cookie settings

A cookie is a small text file that is stored on your computer or other device and records information about your visit to the Website. Teosto uses cookies to improve the usability of its services.

Information collected by cookies is not usually connected with the personal data of an identified person, but some information collected by cookies may be indirectly connected with the personal data of an identified person.

Learn more by reading our Privacy Policy and Cookie Policy

Cookie categories
Strictly necessary cookies

These cookies are strictly necessary to ensure the availability of our website. They do things such as load some of our website’s functions in advance to make the website load faster. Strictly necessary cookies are also used to determine and remember your settings. You can disable strictly necessary cookies in your browser settings, but please note that all of the website’s functions and parts may not work properly after that.
More information about cookies

Analytics cookies

We use analytics cookies to improve the functioning of our website. Analytics cookies collect information about things such as how visitors use our website and how they navigate from one page to another. The information is used in anonymous form.
More information: Privacy Policy and Cookie Policy

Functionality cookies

Functionality cookies allow us to offer various functions, such as playlists and a live chat service, on our website. If you disable functionality cookies, some or all of these functions may not work properly. More information about cookies

Marketing cookies

Marketing cookies help us tailor marketing and offer the users of our website more personalised services in the future. We use marketing cookies to collect information about the user’s behaviour and preferences on our website.
More information about cookies