South Korea Music Copyright Fee Investment Platform, Musicow 뮤직카우

In South Korea, there is a chance of buying copyright fee of music. The platform is called 'Musicow'. In this article, will tell you how investment in music copyright is done in South Korea.

    About Musicow

According to Musicow, Musicow is the world's first platform that enabled sharing of music copyright fee. It showed 9.1% profit by copyright fee and 18.4% profit by user market. We will see later what it exactly means to earn money by copyright fee and by user market.

Originally, copyright fees go to the artists, composers monthly but, Musicow enabled this distribution system to be shared with listeners. People buy copyright shares like buying normal stocks. Listeners get part of monthly copyrights by buying copyright shares. People can buy shares by two ways: Auction and User Market.

    Auction

Musicow uploads music copyrights on auction regularly and investors decide whether to bid and how much to bid according to how much monthly copyright fee has been made. It usually puts 7-day period from the beginning to ending of each auction. Most of the bid is made 5 minutes before the auction is closed because bidders try to get the copyright stocks with lowest costs.

In addition, artists also get benefit by sharing their copyright fees because price raise caused during auction goes to the artists. Although artists may lose part of long-term profits, they can change long-term profit into cash that can be used right now. Due to the fact that 'price raise' goes to the original artists, fans of the artists tend to bid higher price happily.

After the music copyright share is shared in auction system, copyright share can be traded in User Market.

   User Market

Copyright stocks published in auction are now be able to be traded in User Market. Investors call how much money they want to pay for the copyright stock and sellers call how much money they want to get from each stock. If their willingness to pay meet each other, trade gets accomplished.

    

    Songs in Musicow (3rd May, 2020)

It has idol songs including songs of 'Momoland', 'IZ*one' and 'Twice'.

- Momoland: BBoom BBoom, BAAM, Only One You (and so on)

- IZ*one: Really Like You

- Twice: Like OOH-AHH

Also popular singers like Beenzino, Park Hyoshin.

- Beenzino:  Profile, Slowdown

- Park Hyoshin: Distant Memories of You

    Conclusion

Musicow is easy. There are not many factors to consider when investing in music copyright fees. Do you think this song will be popular for long times? How much monthly fee has been made? Will this singer keep singing this song in concerts and TV shows?

Musicow is fun. Many of us imagine life of stars who still make lots of money out of their old hits. Musicow makes that imagination come partly true to listeners.

But it has also cons. Since music copyright fee distribution business is newly made, it is a dangerous opportunity. Musicow will face lots of challenges.

I hope this article broadens your sight about investment.

If you have more curiosities about Korea, please share on comments. I will write an article for you!