Music Industry (Under NDA)

The client is one of the best-known and longest-established music labels in the world, working with numerous well-known artists and bands and boasting a wide-ranging musical repertoire that spans various genres and generations.The client holds a prominent position in the global music industry and plays a significant role in discovering and developing new artists, as well as in the distribution and sale of music content.The company’s innovative approach and openness to technological advancements enable it to continuously adapt to consumer demands and market trends, thereby strengthening its market position and promoting the development of the music industry.

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The client faced the challenge that managing performers' contracts and rights had become an increasingly complex task with the digital transformation of the music industry. Traditional systems no longer met the new market demands and did not ensure smooth communication between performers and publishers. Optimizing rights management processes and automating contract management was essential for efficient operation and accurate royalty accounting.

The essence of the solution

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In this situation, the client asked Gloster-P92 Kft. to develop custom software tailored to their needs as part of a project. The software works as an integrated system and manages performers' contracts, rights, and communication with related systems. The aim of the system is to make rights management processes more transparent, automate contract management, thereby reducing administrative burdens and increasing the efficiency of accurate and timely royalty accounting. The introduction of the new system will enable the client to respond more quickly to market changes and better support performers throughout their careers.

Why did the client choose us?

Since the decision to manage performers’ contracts and rights using custom software tailored to the client’s needs was made approximately 20 years ago, the exact reasons for that choice are no longer documented or directly relevant. Decisions of this type are generally based on several factors, including technological innovation, system reliability, cost-effectiveness, and the company’s future strategic direction.

At the time, this solution likely offered the best fit for the client’s specific needs, and it was capable of integrating with the company’s existing systems as well as keeping pace with the rapid changes in the music industry. Key factors in selecting the project may have included the system’s scalability, its user-friendly interface, and its ability to automate rights management processes.

To date, the developed system has successfully managed customer contracts and rights, indicating that the decision was beneficial for the company in the long term. Continuous development and maintenance of such systems ensures that they remain up to date and meet the current challenges of the music industry.

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The project has a long-term perspective, and the client is committed to continuously developing it and adapting it to the rapidly changing environment of the music industry. Integrating technological advancements and new business needs will be key to the system’s future success.

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The future of the project involves the use of the latest technologies, such as artificial intelligence and machine learning, which can further automate rights management processes and improve the accuracy of royalty accounting. In addition, the constantly changing legal environment for music and the evolution of digital markets are generating new business needs that must be taken into account as the system is developed.

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The client's goal is to transform this project into a dynamically evolving, scalable, and flexible system capable of adapting to the future challenges and opportunities of the music industry. Continuous development and rapid implementation of business requirements ensure that the project remains a reliable and effective tool for the client in the long term.

Technologies used

Java

PostgreSQL

SpringBoot

Angular

Kubernetes