Moshcam Overview
Founded in 2007, Moshcam has focused on the creaton of unique content and has already recorded over 900 music gigs (both local and international artists) in Sydney venues with more shows being filmed each week. International recording commences late 2011. Moshcam secures rights in respect of each s...
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Founded in 2007, Moshcam has focused on the creaton of unique content and has already recorded over 900 music gigs (both local and international artists) in Sydney venues with more shows being filmed each week. International recording commences late 2011. Moshcam secures rights in respect of each show to stream all its content across multiple platforms globally. It currently has the largest catalogue in the world of independently created and professionally recorded live music content available for instant streaming.
Moshcam already has distribution partnerships in place, both locally and internationally, with companies such as Sony Bravia, VEVO and Hulu with more currently under active negotiation.
Moshcam's revenue will come from 3 sources, commencing late 2011 - advertising/sponsorship, direct transactional revenues (following the launch of the iPhone and iPad apps in late October 2011) and wholesale partnership revenues with on demand TV suppliers, ISPs and telcos
Core Team Members
The management team has deep expertise in developing online content systems and interactive publishing solutions as well as the creation, commissioning and delivery of award winning local television production. They also have strong ties to the music industry through previous involvement with Sydney's leading concert rooms and various music labels
Company Vision & Future
Moshcam plans to secure a global user base of over 6m with at least 500,000 direct paying customers by June 2015 by: 1) expanding access to content by continuing to develop relationships with local and international record labels, bands, live venues, and managers. 2) building on existing distribution relationships and securing additional ones. 3) building non-advertising revenue streams including transactional revenues and content licensing.
Current Valuation
$AUD5million
Exit Opportunity
Moshcam's founders are focused on growing the business and selling within the next 4-5 years. The most likely exit is a trade sale to a large international or local media company.
Ideal Investor
Strategic relationships, particularly by facilitating the formation of wholesale distribution partnerships both locally and internationally