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

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Presentation on theme: "Worldwide Singing-Interactive Online Service Music, Singing, Fun."— Presentation transcript:

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

2 Team Introduction Online Karaoke Market Opportunity Problems & Current Solutions Products & Service Revenue Model Marketing & Growth Strategy

3 Company Structure

4 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.

5 Digitrax CEO- Joe Vangieri CEO, DigiTrax EntertainmentCEO, 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.

6 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.

7 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.

8 Joint Venture Proposal Content Creation License acquirement US Marketing and Promotion Software product development Hardware development and manufacturing Research and development with Prof. Roger Jang at National Taiwan University

9 Our Team CEO- Joe Vangieri Music Director - Mark Radice Legal Director - Allen Jacobi http://allenjacobilaw.com http://allenjacobilaw.com Chief Scientist – Roger Jang PD Director – Peter Chiu

10 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

11 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.

12 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.

13 Products & Services Consumer cloud app and service Hardware gadgets

14 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 http://www.singnshare.com 1. Ads 2. Amateur cover to iTunes 3. Music learning match (Online to offline) 4. Guideshop & gadgets

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16 KaraokeCloud CasterPro Machine for commercial sector of karaokes MSRP- $299 Subscription - $99/mo

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18 KaraokeCloud

19 Current App Products Mobile apps – SingNShare – Record and Share TV apps – SingTogether – Cast to Apple TV, ChromeCast, and Roku box

20 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.

21 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.

22 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.

23 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.

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25 Smule Snapverse seed fund 3.5M http://techcrunch.com/2013/10/29/snapvers e-raises-3-5-m/ http://techcrunch.com/2013/10/29/snapvers e-raises-3-5-m/ StarMaker Interactive raises first round $4 million from Qualcomm and iGlobe http://www.bizjournals.com/sanfrancisco/ne ws/2013/12/10/starmaker-interactive- qualcomm-vc.html http://www.bizjournals.com/sanfrancisco/ne ws/2013/12/10/starmaker-interactive- qualcomm-vc.html


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