• Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation & Logistics
    • Investments
    • Ecosystem & Lists
  • Interviews
  • Events
    • ComeUp
    • NextRise
  • Governments
    • KISA
    • KISED
    • KOCCA
    • KOTRA
    • KTO
    • MSS
    • NIPA
    • SBA
    • SFL
  • Programs
    • SGSC Global Bootcamp 2021
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
    • KTO Global Showcase
  • Investment Opportunities
    • SGSC Demo Day
    • Launchpad France Demoday
    • TIPS Global Demoday
    • Launchpad USA Demoday
    • Launchpad Indonesia Demoday
  • Submit an Article
  • register
  • login
KoreaTechDesk
No Result
View All Result
KoreaTechDesk
No Result
View All Result
Home Content & Games

K-Pop music copyright trading platform Musicow  accelerates the process of entering US markets 

Aditi Dave by Aditi Dave
August 4, 2022
in Content & Games
0
Musicow

K-Pop copyright trading platform Musicow to enter US markets.

0
SHARES
249
VIEWS
Share on FacebookShare on Twitter

K-Pop music has become an enormous phenomenon worldwide with millions of fan following. For fans of K-Pop music Korea, startups are bringing innovations that can engage global fans and give them more to look forward to. Now K-Pop US fans can look forward to copyright trading.

K-Pop copyright trading platform Musicow has accelerated its advance into the United States market. Musicow announced in March that it would establish a US Corporation and target local markets.

Based on its experience in the platform business in Korea, Musicow will begin to construct a platform that allows individuals to trade music copyrights in the United States.

Musicow allows investors to buy or sell stakes in copyrights to K-Pop songs in a public auction or an online marketplace. Musicow shares copyrights of more than 900 K-Pop songs on its platform. Investors at Musicow receive monthly copyright royalties and profit from increasing the copyright price.

Ready with financial clearances

Musicow Korea is fully prepared to meet the requirements as it has been cleared by the Korean financial authorities and is subject to the Capital Market Act. The ‘music copyright fee participation claim’ traded in Musicow was announced as a security by the financial authorities on April 2022 and incorporated into the system.

It has also signed a comprehensive business agreement (MOU) with Kiwoom Securities to introduce an investor real-name account system and secure deposit storage and transaction stability.

In addition, various systems are being created, and the organization is expanding, such as restructuring to strengthen the protection of customer rights, the inauguration of a professional advisory committee, and large-scale recruitment of related experts.

A Musicow official said, “Since Musicow is the world’s first business model, we plan to apply the guidelines verified by the Korean financial authorities from the early stage of entry to reduce the possibility of failure in the local market thoroughly. In the end, it seems highly likely that this standard will become a global standard for music copyright platforms.”

Meanwhile, Musicow is expected to develop an IPO in 2023 and has appointed Mirae Asset Securities to manage it.

Also Read, 

  • K-Pop commerce startup K-Town 4U to expand service to K-Drama with new investment
  • Korean startup Hanteo Global gaining grounds as ‘K-Pop Big Data Company’
  • Hash Purple brings in ‘KDOL’, a social platform for K-Pop fans worldwide  
  • Gleam Media’s StarPlay app for K-Pop fans to follow their idols, share content & win rewards 
What’s your thoughts?
+1
0
Upvote
+1
0
Clap
+1
0
Clap
+1
0
On fire
+1
0
Meh
+1
0
Clap
+1
0
Tags: K-PopK-Pop copyright tradingK-Pop fansMusicMusicowUSA
Previous Post

‘Buy now, pay later’ startup service SSOMEE raises Pre-A round funding for further growth in Korea

Next Post

Leading ad tech unicorn startup IGA Works to file for IPO

Next Post
IGA works

Leading ad tech unicorn startup IGA Works to file for IPO

0 0 votes
Article Rating
Subscribe
Login
Notify of
Please login to comment
0 Comments
Inline Feedbacks
View all comments
No Result
View All Result

Follow Us

FREE NEWSLETTER

Ecosystem Partners




PRODUCTS

Most Popular

  • 10 K-Dramas to watch for some ‘money matters’

    0 shares
    Share 0 Tweet 0
  • Top Korean Dating apps that can help you make new connections in South Korea

    1 shares
    Share 0 Tweet 0
  • Korean startups to showcase technological proficiency at CES 2023 from January 5 to 8 in Las Vegas 

    0 shares
    Share 0 Tweet 0
  • Korean hospitality tech startup Onda attracts over $9 million in investment

    0 shares
    Share 0 Tweet 0
  • Three Restaurant Apps to try out for a fine dining experience in South Korea  

    9 shares
    Share 9 Tweet 0
  • Korean startups creating the K-Beauty buzz worldwide

    11 shares
    Share 11 Tweet 0
  • Korean webtoon ‘Lookism’ creator ‘The Grim Entertainment’ attracts $9.1 million investment

    0 shares
    Share 0 Tweet 0
  • Fintech startup Wavebridge attracts $7.8 million in Series B investment

    0 shares
    Share 0 Tweet 0
  • Seoul Robotics aims for an IPO in 2025, post-Series B funding of $ 25 million

    0 shares
    Share 0 Tweet 0
  • Korean vegan food tech startup Join&Join shows 120% annual sales growth for brand Nuldam

    0 shares
    Share 0 Tweet 0
  • Facebook
  • Instagram
  • LinkedIn
  • Twitter

Copyright © 2023 KoreaTechDesk | About Us | Sponsorships| Terms of Use |Privacy Policy |Cookie Policy Contact: [email protected] DMCA.com Protection Status

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation & Logistics
    • Investments
    • Ecosystem & Lists
  • Interviews
  • Events
    • ComeUp
    • NextRise
  • Governments
    • KISA
    • KISED
    • KOCCA
    • KTO
    • KOTRA
    • MSS
    • NIPA
    • SBA
    • SFL
  • Programs
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
    • KTO Global Showcase
  • Investment Opportunities
    • Launchpad France Demoday
    • TIPS Global Demoday
    • Launchpad USA Demoday
    • Launchpad Indonesia Demoday
  • Submit an Article
  • Forums
  • register
  • login

Copyright © 2023 KoreaTechDesk | About Us | Sponsorships| Terms of Use |Privacy Policy |Cookie Policy Contact: [email protected] DMCA.com Protection Status

wpDiscuz
0
0
Would love your thoughts, please comment.x
()
x
| Reply

We hope you enjoy our content, May you please give us Feedback regarding our website!

Single Post Feedback

dgdfgfdgdf

What you think about Koreatechdesk, Share your idea with us!

feedback popup

Invitation submission has been closed

Insert/edit link

Enter the destination URL

Or link to existing content

    No search term specified. Showing recent items. Search or use up and down arrow keys to select an item.