Worldwide Singing-Interactive Online Service Music, Singing, Fun.

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Transcript of Worldwide Singing-Interactive Online Service Music, Singing, Fun.

Worldwide Singing-Interactive Online Service

Music, Singing, Fun

Team Introduction Online Karaoke Market Opportunity

Problems & Current Solutions

Products & Service Revenue Model

Marketing & Growth Strategy

Company Structure

Intro to Digitrax http://www.digitraxentertainment.com

DigiTrax Entertainment is America's premier karaoke content provider company, bringing interactive Internet streaming & downloadable music, apps and products to the web, mobile and social media. With a massive catalog of more than 17,000 legal songs featuring decades of the biggest hits in the music world.

Digitrax CEO- Joe Vangieri

CEO, DigiTrax Entertainment , Jan 2012 – Present

Founder of VisioSonic, PCDJ Software ,1999 – 2006. The company generated ad revenue from 9 million downloads of ad-enabled PCDJ, delivering over 3 million ad impressions daily.

Creative Director

DigiTrax has already retained the services of Mark Radice as our Creative Director.

Radice is a 3-time Emmy nominee, songwriter for brands like Cotton, AT&T, and Royal Caribbean, songwriter for Barbra Streisand, Wilson Pickett, and Barry Manilow, touring musician with Aerosmith, Donovan and Cheap Trick, and for 8 years was the songwriter for Jim Henson and Sesame Street.

Mark Radice

Intro to Deansoft http://www.deansoft.com.tw

Deansoft, founded in 1998, is one of the leading interactive music software companies in Taiwan, providing software/hardware solutions to cloud services and home entertainment products.

Joint Venture Proposal

Content CreationLicense acquirementUS Marketing and Promotion

Software product developmentHardware development and manufacturing Research and development with Prof. Roger Jang at National Taiwan University

Our TeamCEO- Joe Vangieri

Music Director - Mark Radice

Legal Director - Allen Jacobi http://allenjacobilaw.com

Chief Scientist – Roger Jang

PD Director – Peter Chiu

Market Opportunity• CD Plastic is dead, online service has replaced the market

• Focusing on English pop songs service in the world

• According to NAMM 2013 report, karaoke service is about $300Millions in the US, not including music instrument markets

• Smule and Starmaker mobile apps are profitable now, which has proven the market

• Smule is going to IPO in 2015; Smule’s forcast is $40M in 2014

• Smule and Starmaker licensed karaoke songs from Digitrax

Entry Barriers and Opportunity

• Entry barriers of karaoke markets– Songs content creation– License from music publisher– Limit territory after licensing (worldwide license

unlikely)• Opportunity– There are a lot of illegal karaoke services around

the world, which run into the risk of IP infringement.

– Ours is a completely legal karaoke service.

Our Strategy and Strength

• Leverage legal content provider to carry out worldwide business

• Digitrax is the only company based in the USA delivering licensed digital karaoke for streaming and download.

• Integrate legal contents and cutting-edge technologies to provide international karaoke software/hardware services.

Products & Services• Consumer cloud app and service

• Hardware gadgets

SingNShare App Biz model: freemium

1. Video ads -Initial RTB $5 2. In-app subscription Weekly - $2.99 Monthly - $9.99

SingNShare Website http://www.singnshare.com

1. Ads2. Amateur cover to iTunes3. Music learning match (Online

to offline)4. Guideshop & gadgets

KaraokeCloud CasterPro 

• Machine for commercial sector of karaokes

MSRP- $299 Subscription - $99/mo

KaraokeCloud

Current App Products

• Mobile apps – SingNShare– Record and Share

• TV apps – SingTogether– Cast to Apple TV, ChromeCast, and Roku box

ECO- System Help amateurs to publish their performance

We can offer each Subscriber the opportunity to place their UGC Recordings for sale on the iTunes Store.

The cost for this to the Subscriber will be $20 per track.

Revenue Forecasts Summary: Breakeven Point

Based on a conservative set of forecasts, we anticipate the new company to reach a breakeven point between Gross Revenues and expenditures in thirteen months of full operation.

Revenue Forecasts Summary: 2-Year Forecast

In Month 24 of full operation, we project reaching the milestone of 11 million installs.

At this point, anticipated Corrected Gross Income will reach $4.973 million per month.

Revenue Forecasts Summary: 3-Year Forecast

In Month 36 of full operation, we project 8 million Paid Subscribers and about $12.3 million per month in advertising revenue.

Gross Profit Direct in Month 36 is anticipated to reach just over $70 million, on Corrected Gross Income of $116.154 million.

• Smule

• Snapverse seed fund 3.5M• http://techcrunch.com/2013/10/29/snapverse

-raises-3-5-m/

• StarMaker Interactive raises first round $4 million from Qualcomm and iGlobe

• http://www.bizjournals.com/sanfrancisco/news/2013/12/10/starmaker-interactive-qualcomm-vc.html