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Marketplace for the $25B B2B Music Licensing Industry1-10 Employees
  • B2B
  • Early Stage
    Startup in initial stages
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Marketplace for the $25B B2B Music Licensing Industry
National Performing Rights Exchange (NPREX) is a disruptive patent-pending technology for the $25B music licensing industry. This troubled industry limps along now, as it has for the last 100 years, with an expensive institutional licensing-framework. The industry has no systematic method for music publishers and labels to sell licenses directly to those who need them - the music broadcasters and streaming services. The solution is the NPREX platform, which consists of an exchange, a pricing algorithm that informs the determination of a willing buyer-willing seller price, standardized license contracts, and a clearing house mechanism that plugs into the current royalty payment system.
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Neeta Ragoowansi
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NPREX-SVP, Biz Dev/Legal, TuneSat-VP, Biz Dev/Legal; SoundExchange-Artist&Label Rltns/Legal, The Kennedy Center (A. General Counsel); JD American U, BA Emory U.
Brian Brown
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Chief Technology Officer at NPREX
Ned Collins
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Seasoned full P&L operator with finance, operations, sales, and PE/VC experience.
Lee Greer
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Founder NPREX • Worked at @PNC Financial Services Group, @BMI (Broadcast Music Inc.) • Studied at @University of Virginia, @University of Tennessee
Valuation

$0

Funded over

1 round

Latest round

Seed (May 2016)

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