Member Info for mel5

Great article, MelodyVR +Napster+WanDisco+John Gore+Sony+++++++ its starting to come to fruition!!
GLA

Hi Max, currently MelodyVR have a market capitalisation of £74m at £0.035, the market has wanted to see a mechanism too produce and maintain a revenue stream. With the introduction of Napster’s 3 million users and revenue this should provide the market data to produce a value for MelodyVR. The company until now hasn’t carried any debt, therefore hasn’t been concerned with the value of the company. The acquisition of debt has I believe changed the financial dynamics, $44m of debt will require the company to concentrate on the SP, servicing the debt will require a constant revenue stream leading to a greater financial bearing on the company, MelodyVR has now the ability to model their financial projection, I don’t see the SP remaining at £0.035, the introduction of a subscription across the company (s) and the combined release of O2 Brixton, Ally Pally, LA and combined activities with Live Nation to current and new markets (for MelodyVR) will enhance and stabilise the SP. What the company is worth? IMO

Sony has the same principles as MelodyVR

Page 45,46

https://www.sony.net/SonyInfo/IR/library/corporatereport/CorporateReport2020_E.pdf

Plenty of new money in music

https://www.rollingstone.com/pro/features/concord-keeps-spending-100-million-plus-on-music-deals-whats-its-strategy-1052933/amp/

Imo

Depends on the legal negotiations, reportedly the end of November will be the conclusion of matters!
Although the middle of November would allow for the Xmas run up! IMO

Hi Lordfont,
The Music industry has assembled a ‘Team’ and the picture is starting to come to light!!

Melody is an old name from “MelodyMaker” synonymously linked with the Music Industry!!

You have to ask yourself, how did a ‘sound engineer’ and his mate, have so many links to the Music Industry!

IMO

https://www.billboard.com/amp/articles/business/7811994/napster-partners-with-japans-rakuten-music

https://www.prnewswire.com/news-releases/rakuten-partners-with-live-nation-entertainment-to-deliver-rewarding-music-experiences-to-fans-300957418.html

Synergy

https://gb.napster.com/artist/big-audio-dynamite/album/ally-pally-paradiso-live

IMO

Time goes by, but the artists appear to have a link with MelodyVR and its partners!!

https://br.napster.com/artist/frank-carter-and-the-rattlesnakes/album/23-live-at-brixton-academy-explicit

IMO

WanDisco is now a major part of MelodyVR/ Napster

https://www.wandisco.com/resource-library/use-cases/enhancing-servers-for-mobile-users

It’s a share to be part of, not too short!! IMO

There is so much synergy between all the partnerships, data streaming is the name of the game

https://www.wandisco.com/resource-library/use-cases/playtika

IMO

Hi Maxda,
MelodyVR are already there with Telefonica and WanDisco
https://www.wandisco.com/resource-library/use-cases/syniverse

IMO

Revolution is usually a term used when your fighting the establishment, the last time I looked MelodyVR had partnerships with most of the producers, recording companies and Live Nation, that’s a large percentage of the Music Industry! IMO

Puddin1006,
Competing with Spotify or Apple would require strong partnerships and an agreed cohesive strategy including artists, promoters, record companies etc, the question is more about the Music industry, Napster has always been associated with change, is there a greater movement? Has MelodyVR and the team in place the potential to grow to a Spotify, it would appear the CEO and the new investors believe it’s possible, that’s not me or anyone on this board saying it is possible or not!! I have also believed this company started out with a good idea, then the Music industry took an interest!! GLA

A more interesting interview with MelodyVR CEO making the following comment

“MelodyVR’s CEO told Rolling Stone that purchasing the current version of Napster will give the company a chance to compete against Spotify and Apple Music in the music streaming space.“

https://qz.com/1897131/napster-was-just-bought-for-70-million/amp/

Great if we are competing with Spotify, definitely a different tone, IMO

Interesting read!! IMO

https://skift.com/2020/08/26/the-event-industry-is-being-confronted-by-its-napster-moment/

MelodyVR/Napster - 90 million Tracks, therefore according to the article below is larger than Spotify and Apple combined!! IMO

“When Spotify’s number of songs stood at 40 million, Apple Music had 50 million tracks. There is no recent information available about the number of tracks on Apple Music and whether it’s still ahead of Spotify. Meanwhile, Pandora currently has 30 million songs”

VR Sony
https://www.pushsquare.com/news/2020/08/sony_plans_to_make_advancements_to_vr_with_ps5

Looks as though Sony are interested again in VR!
IMO

Is VR eventually coming to the masses, well I haven’t any numbers, but Oculus Quest is selling in huge numbers. This I believe demonstrates MelodyVR was ahead of the game and now in a position to capitalise on its position in the market.

https://www.cnet.com/google-amp/news/where-you-can-buy-hard-to-find-oculus-quest-right-now/

It’s interesting to read the opposite view of others as anyone can get ‘blinkered’ in their own view! The O2 offering was always limited and I believe only a testing ground, now I would assume ‘Napster’ will be another offering within a package, will the VR Viewer become a reality for Xmas (sorry to mention the word), if they bundle VR Viewer and a Napster subscription together then this I believe would be something the 25 million O2 customers would find of interest.
There hasn’t been any mention of Sony for a while, as both Napster and MelodyVR already have partnerships is there potential for a VR connection?
And finally, with ‘Offices’ safe to return, close contact professions returning to normality will the actors be returning to the theatre for rehearsals or filming, this would allow John Gore and MelodyVR to recommence VR productions, with another potential 3m customers to view JG productions!! There is huge potential, especially as Napster & MelodyVR will have extra ‘experienced’ staff in place to handle the new business expansion.
Not to mention the ‘data collection’ and advertising potential.
Looks good for 2021!! IMO GLA

Hi Rumfuddle, it’s great to see an overall balance view, bringing together the 3 million subscribers (who downloaded 10.8billions tracks) demonstrates the appetite for music within the Napster catalogue. Combine this with a set of ‘Live’ concerts and the MelodyVR 1800 ‘Live’ recordings, provides a great business. The joint catalogue will provide value data for artists, promoters, record labels, alongside a new and growing VR market. Attracting and maintaining clients for Napster won’t be easy, we have strong competition, however we do have strong partnerships, with 44 million reasons they trust MelodyVR to make this work, artist such as Coldplay and Ed Sheeran have announce they want an alternative to touring, I haven’t seen either dedicate their next tours to a company or promoter, MelodyVR is in the right place with the right contracts. Facebook/Oculus to my knowledge haven’t announced a Music/VR platform which on 16th September something could be announced!
Regarding debt, I believe the cash payments have already been made, the $44m of future royalties/payments are linked to partnerships we already have in place. To me, the next phase will be a n extraordinary Shareholders Meeting to agree the Napster takeover, alongside a change in the BoD.
We are still recording, we still have the Live Nation productions to carry out, not to mention John Gore!! Looks good to me!! IMO

Hi Italian, streaming data takes a lot of bandwidth, technology development is crucial to deliver high quality productions without slowing down the delivery to VR devices or mobiles, the company mentioned is at the forefront of technology, together with the likes of Sony, WanDisco producing the front end and transmission infrastructure will set MelodyVR above the rest of the competition. IMO