Startups
We are a non-profit initiative of leading academic institutions, music and media industry organizations, creators, technologists, entrepreneurs and policy experts who love and value music. We are creating an open-source protocol for the uniform identification of music rights holders and creators.
We are not building a database or a specific product. The outcome of OMI will be API specifications to enable industry platform interoperability.
We believe new technologies can be applied to radically simplify the way music rights owners are identified and compensated, resulting in sustainable business models for artists, entrepreneurs and music businesses alike.
We are committed to making change in the following areas: technology, advocacy, education, and policy
We are not building a database or a specific product. The outcome of OMI will be API specifications to enable industry platform interoperability.
We believe new technologies can be applied to radically simplify the way music rights owners are identified and compensated, resulting in sustainable business models for artists, entrepreneurs and music businesses alike.
We are committed to making change in the following areas: technology, advocacy, education, and policy
Overview
Location
United States, Massachusetts, Boston
Employees
11-50
Phone
617 747-6861
Founded date
2016
Mentions in press and media 4
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Feb 18, 2017 | Can Blockchain Make Music Great Again? | Blockchain technology can't write songs or play instruments – at least not yet. But, it might be able to ensure that those who do get the proper credit and compensation, a problem that has always bedeviled this $15bn industry. Since the sta... |
| Jan 7, 2017 | Blockchain could completely transform the music industry | Digital music really could use some help. Industry revenues are dipping due to piracy and illegal use of content. Singers and composers are being short-changed by music companies and streaming services. And business models built upon patter... |
| Jan 7, 2017 | Blockchain could completely transform the music industry | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Digital music really could use some help. Industr... |
Reviews 0
FAQ about Open Music Initiative
When was Open Music Initiative founded?
Open Music Initiative was founded in 2016.
What has the press written about Open Music Initiative?
Parsers VC has collected 4 articles mentioning Open Music Initiative, among them “Can Blockchain Make Music Great Again?” (Feb 18, 2017) and “Blockchain could completely transform the music industry” (Jan 7, 2017).
Is Open Music Initiative still active?
Yes, Open Music Initiative is active; its latest activity on Parsers VC dates from Dec 16, 2019.