Share Name Share Symbol Market Type Share ISIN Share Description
Catenae IN LSE:CTEA London Ordinary Share GB0033127910 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.115p 0.11p 0.12p 0.115p 0.115p 0.115p 800,042 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
0.0 -2.2 -20.0 - 2.25

Catenae IN Share Discussion Threads

Showing 26 to 50 of 50 messages
Chat Pages: 2  1
DateSubjectAuthorDiscuss
09/7/2018
10:09
https://www.cnbc.com/2018/04/24/pitbull-is-turning-to-blockchain-in-hopes-of-saving-the-music-industry.htmlPitbull is turning to blockchain in hopes of saving the music industryJordan Santo | @JordanSantoTV  1:45 PM ET Tue, 24 April 2018?Kevin Mazur | Getty Images for The ApolloPitbullIt's going down, and this time he's not yelling "timber." On Tuesday three-time Grammy award-winning artist and serial entrepreneur Armando "Pitbull" Perez announced the launch of his latest venture, an international blockchain coding competition aimed at disrupting the current state of the music industry.Smackathon, a name derived from the popular computer programming event hackathon, will allow participants from around the world to use Ethereum - a decentralized platform powered by blockchain technology on which developers build applications - as they look for innovative ideas to take on music's biggest challenges, ranging from artist royalty agreements to curated playlists.Pitbull's producing the event alongside the eMerge Americasconference, an annual two-day tech conference in Miami Beach aimed at connecting North America, Latin America and Europe."I've always wanted to integrate a music component into eMerge," says eMerge Americas executive vice president Melissa Medina. "Having [Pitbull] as a partner in this project, I really think this is going to be something big and special."Known as Mr. 305, Pitbull is no stranger to Miami Beach and the conference attendees, having delivered a keynote address each year since its inception in 2014.The competition is simple: Entrants will have one month - from April 24 to May 25 - to develop a blockchain-based solution using Zeppelin's open-source smart contract platform. The ideas will be judged and narrowed down to a group of finalists who will be flown to Miami to pitch their solution to Pitbull in a Shark Tank–like finale."I've had a lot of conversations with [Pitbull], and he has a lot of frustrations," says Medina. "He's Mr. Worldwide, he's wildly successful, but he's thinking about the artists of the future and the roadblocks they hit."There's no specific criteria for entrants; all they need to do is prove they can come up with an idea so big it can disrupt one of the largest entertainment industry sectors."[PITBULL] HAS A LOT OF FRUSTRATIONS. HE'S MR. WORLDWIDE, HE'S WILDLY SUCCESSFUL, BUT HE'S THINKING ABOUT THE ARTISTS OF THE FUTURE AND THE ROADBLOCKS THEY HIT."-Melissa Medina, eMerge Americas executive vice presidentSubmissions will be evaluated on a set of extensive criteria, including originality, usefulness, comprehensiveness, design and technology. Bonus points will be given to developers who utilize the OpenZeppelin platform, which is the namesake platform of Zeppelin, the technical and back-end support partner of the Smackathon."At Zeppelin we try and make it easy and secure for any developer or individual to participate," says Zeppelin founder and CEO Demian Brener. "Doing Smackathon and leveraging Pitbull's brand is a great way to push our goals even farther forward."Judged by a panel of four judges, including Pitbull himself, the winning team will take home $6,000. If Pitbull really likes an idea, he's planning to open his checkbook on the spot and make an investment to help fund the further development of the project. Zeppelin, eMerge Americas and Medina Capital - founded by eMerge Americas creator Manny Medina - are also planning to invest in the best ideas."We're not only looking to invest, but we're interested in helping bring the ideas to market, grow them and make them a reality, if possible," says Medina.So swing your ideas round and round. At the end of the Smackathon, it's going down.
lordz
05/7/2018
18:12
https://www.bbc.co.uk/news/technology-44712475U's controversial copyright law rejected by parliament40 minutes ago 466commentsShare this with Facebook Share this with WhatsApp Share?Image captionDavid Guetta was among the artists who supported the proposed rulesA controversial overhaul of the EU's copyright law that sparked a fierce debate between internet giants and content creators has been rejected.The proposed rules would have put more responsibility on websites to check for copyright infringements, and forced platforms to pay for linking to news.A slew of high-profile music stars had backed the change, arguing that websites had exploited their content.But opponents said the rules would stifle internet freedom and creativity.The move was intended to bring the EU's copyright laws in line with the digital age, but led to protests from websites and much debate before it was rejected by a margin of 318-278 in the European Parliament on Thursday.What were they voting for?The proposed legislation - known as the Copyright Directive - was an attempt by the EU to modernise its copyright laws, but it contained two highly-contested parts.The first of these, Article 11, was intended to protect newspapers and other outlets from internet giants like Google and Facebook using their material without payment.But it was branded a "link tax" by opponents who feared it could lead to problems with sentence fragments being used to link to other news outlets (like this).Why the copyright plan was so controversial.Copyright law could put end to memesArticle 13 was the other controversial part. It put a greater responsibility on websites to enforce copyright laws, and would have meant that any online platform that allowed users to post text, images, sounds or code would need a way to assess and filter content.The most common way to do this is by using an automated copyright system, but they are expensive. The one YouTube uses cost $60m (£53m), so critics were worried that similar filters would need to be introduced to every website if Article 13 became law.There were also concerns that these copyright filters could effectively ban things like memes and remixes which use some copyrighted material.Stars fail to convince politiciansBy Mark Savage, music reporter, BBC News?Image copyrightPA/BBCImage captionThe vocal support of Paul McCartney and Annie Lennox was not enough to pass the legislationThe combined clout of Paul McCartney, Annie Lennox, Placido Domingo and David Guetta wasn't enough to persuade MEPs to make sweeping changes to copyright law.They were among 1,300 musicians who urged politicians to enact a law forcing sites like YouTube and Facebook to use filters that would stop users illegally uploading their music.Musicians were being cheated out of money, they argued, even though websites were making huge profits off their work.Critics said the laws would stifle creativity - with Creative Commons chief Ryan Merkley observing that The Beatles would have been prevented from performing cover versionsunder the proposed rules.For you and me, it could have resulted in text, music and videos posted to blogs, social networks and comment sections being yanked from the net at point of upload - somewhat like YouTube's controversial Content ID system on steroids.In the end, MEPs decided the changes needed more debate; and sent the proposals back to the Commission. The two sides will undoubtedly step up their campaigns in the meantime.What has the reaction been?Opponents of the Copyright Directive celebrated the news that MEPs had rejected it.Julia Reda, a Pirate Party MEP who had campaigned against the changes, tweeted: "Great success: Your protests have worked! The European Parliament has sent the copyright law back to the drawing board."Skip Twitter post by @SenficonReportEnd of Twitter post by @SenficonWikipedia co-founder Jimmy Wales told the BBC he hoped that the music industry could find a way to compromise before the September debate."Don't think about filtering everything everyone uploads to the internet. That's a pipe dream but you are never going to get that," he said.Instead, he added, they should look to renegotiating deals with platforms such as YouTube to get "fairer remuneration".BPI Music, which represents UK record labels, had supported the bill and said it would "work with MEPs over the next weeks to explain how the proposed directive will benefit not just European creativity, but also internet users".Skip Twitter post by @bpi_musicReportEnd of Twitter post by @bpi_music
lordz
05/7/2018
11:54
mdchand..exactly, even 0.5% of earnings would be very significant indeed.
pre
05/7/2018
11:05
Pre - their proof of concept offering is based on frequency of transactions. The big unknown here imo is the company who has 30k artists on its books. I thought it was a Company called Merlinnetworks who have generated royalty payments of £1bn since it was set up to deal with artists not signed to the big 3. However, it could be Tribe of Noise who also have 30k artists on its books, but most are unknown or unsigned hence far lower volume of transactions. As for keeping the lights on, it looks like we will get share issues every few months which will dampen the share price until such time as we get visibility over earnings from blockchain. BUT, with images and song rights any deal with a large provider will generate significant earnings, even at 0.5% of any underlying earnings. I have a position here but will raise that considerably if Merlin is announced as 3rd party trialling the technology.
mdchand
05/7/2018
10:18
interesting extract from todays rns, considering the tiny mkt cap here: '...We look forward to converting the proof of concept agreements to revenue generating licences in the near future...'
pre
05/7/2018
08:11
So we have 3 proof of concept trials running at present. I understand these trials can take 2-4 weeks to show the robustness of the system, but each trial will be dependent on the underlying customer. Will be happier when these trials become revenue generating as they have stated that they will need to fund raise in the near future.
mdchand
04/7/2018
13:02
What do the accounts look like here? How much cash have they got to keep going? cheers NR
nick rubens
04/7/2018
10:00
Sorry Tribe of Noise.
lordz
04/7/2018
09:59
As announced on 18 May 2018, it is anticipated that Hessel von Oorshott of the proposed acquisition of Tribe of Noise will become a member of the management team when the acquisition is finalised.Lot more musicians on board TiM. From around the world.
lordz
03/7/2018
11:33
From the interims, we now a clearer idea of how they intend to monitise the blockchain solution - 'In terms of the music industry alone, the 2017 Annual Report for the Performing Rights Society ("PRS") highlights as a principal risk the uncertainty of the ongoing administration costs due to the growing trend towards digital music (online up 52.7%), currently these are not easily validated by the Performing Rights Organisations (PROs). In the year to 31(st) December 2017, the PRS show revenues of GBP717 million and administration and finance costs of around 13%. A blockchain driven solution, such as the one created by TiM, could significantly reduce these costs by providing an automated audited breakdown of digital playout. Assuming transactional fees for TiM's service of only 0.5%, it would be a significant revenue opportunity for the Group, especially when we take into account that other PROs around the world have similar issues. According to ASCAP (Ascap.com), the worldwide market for royalty payments is US$5 billion. ' Expect to hear more very shortly whether proof of concept will be adopted by the third party. I am wondering if the third party is either 'Tribe of Noise' or another party that was attending MIDEM (Marché International du Disque et de l'Edition Musicale) in Cannes on 5 - 8 June 2018
mdchand
25/6/2018
22:34
What we dont know is how they will be able to monitise 30k artists......any suggestions?
mdchand
25/6/2018
22:32
'Could not agree more, we’re looking at alternative methods of ensuring all artists get their fair share. Just announced our digital asset register and transactional tracking app, uses hybrid of public and private mdl/blockchain - to track and audit digital play outs. Just signed proof of concept with leading rights included music distributor to integrate with their platform to ensure correct royalties are paid to all his 30k+ artists.'
mdchand
24/6/2018
09:04
Sounded like Tony is out of breath is he walking and talking
lordz
23/6/2018
01:17
hxxps://player.fm/series/share-talk-ltd/tony-sanders-ceo-of-catenae-innovation-plc-aimctea-R4XWSQV9GvA0lfvI 2 Main points.(imo) 1. Proof of concept RNS is going to hopefully translate into a licensing agreement in a matter of days / weeks. 2. More 'similar' RNSs due to be issued in the next few weeks
mdchand
20/6/2018
12:32
And lordz, ctea have been doing the OnSide system for football clubs for a few years now, this isn't anything new. Brought in revenues of about 120k over 3 years.
davevt
20/6/2018
11:16
Doing some lateral thinking, I came across the following guest speaker at Midem. hxxp://pressroom.midem.com/press-release-en-2018/indies-speak-out-at-midem-2018-0516-6218 More on Merlin - hxxp://www.merlinnetwork.org/what-we-do Could this be one of Martin Heath's connections coming to fruition?
mdchand
20/6/2018
11:03
Davevt..about cactus global...I was reading most likely now the past news sorry.
lordz
20/6/2018
10:57
So is Tribe Of Noise at booth P4 c18. At the MIDEM event.
lordz
20/6/2018
10:54
Davemt..I've looked into the MIDEM company participants... Trust In Media is listed at the event.
lordz
20/6/2018
10:43
Lordz, you're a bit out of touch. The agreement with black cactus has gone, they don't even work with black cactus any more, Nexstar joint venture has gone a long with it, not that it made any difference as both of these agreement produced nothing. Blockchain isn't 'bitcoin'. They don't have a jv with zyen.
davevt
20/6/2018
10:01
Aston villa is a great start. As this could lead to further contracts in the football division.
lordz
20/6/2018
09:04
No one, that's why they haven't mentioned the name, once again.
davevt
20/6/2018
07:56
Very interesting RNS today - especially the bit about 'As a result, TiM is pleased to confirm the signing of a proof of concept project agreement with a leading provider of rights included music to trial the embedding of the Digital Asset Registration and Transactional Tracking technology within the providers operations.' As they were presenting at MIDEM (Marché International du Disque et de l'Edition Musicale) in Cannes on 5 - 8 June 2018 - one can look through the roster of speakers, see who was attending and possibly deduce who the 'leading provider of rights including music' might be?
mdchand
19/6/2018
12:12
Just waiting now for someone to get in their blockchain technology especially in financial sector like banking.
lordz
19/6/2018
10:28
This is from the Catanae PR firm page and Forbes Magazine. It is difficult to pay fairly for creative work in a digital world where it is easy to share and distribute copies, so royalty payment mechanisms are ripe for disruption. For example, music streaming sites and rights holders struggle to agree on compensation for trillions of song streams, leading to legal fights such as the $1.6bn lawsuit against Spotify. The Open Music Initiative (OMI), composed of 200 members including the three major labels Sony, Music, and Warner, as well as YouTube, Netflix, Spotify, and Viacom, seeks to modernize royalty payment mechanisms. OMI revealed last week on CNBC that it’s considering blockchain as a foundational technology. The vision? A transparent blockchain-based ledger that contains music assets and their rights holders. Smart contracts can then automate royalty payments based on a song’s consumption, including streaming https://www.forbes.com/sites/nelsongranados/2018/01/04/what-blockchain-has-in-store-for-media-and-entertainment-in-2018/#4bce2f671f44
kenwrong
Chat Pages: 2  1
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:31 V: D:20180721 03:52:36