BerkleeICE’s Open Music Initiative to Host Music and Rights Management Blockchain Events

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The Open Music Initiative (OMI), an initiative of Berklee College of Music’s Institute for Creative Entrepreneurship (BerkleeICE), on Wednesday announced a public series of events and workshops to explore the impact of technology on artistry and fan engagement. The hands-on events, hosted by Ace Hotels, will be designed to teach how the use of the blockchain can lead to new forms of creative expression, fan collaborations, and content monetization.

The first series of OMI events will be held at Ace Hotel New Orleans on Feb 27th. Demonstrations of new use cases and prototypes will be available, including direct to consumer sales of customized sample edits or wearable devices that give physical feedback to a DJ based on the physiological response of the audience.

Founded in 2016, OMI aims to advance the development of open standards for sharing content and data related to creators and rights holders. The initiative has garnered support from over 200 organizations in the music industry including Universal Music Group, Sony Music Entertainment, Warner Music Group, Spotify, YouTube, Pandora, SoundCloud, Viacom, SiriusXM, Société des Auteurs, Compositeurs et éditeurs de Musique (SACEM), and Red Bull Media House. 

Founding Managing Director of Berklee Institute for Creative Entrepreneurship Panos Panay said, “Our goal is to dramatically simplify the way that music creators and rights owners are identified and compensated, and we spent the last year and a half building prototypes and an API [application protocol interface] to turn that ambition into reality. As we take our learnings from theory to practice, we’re excited to have Ace Hotel on board as our latest partner.”

To learn more about the Open Music Initiative, visit http://www.open-music.org.