Digital media has changed the world for consumers, artists and brands — yet major business problems persist. The United States economy loses USD 12.5 billion in total output each year from online music theft.¹ The potential for fraud has become more prevalent with the growth of online ticket sales compounding at a rate of 19% annually. And online advertising fraud costs companies at least USD 19 billion annually.²
The solution is IBM® Blockchain. Discover how we bring complete transparency to digital transactions with immutable, distributed ledgers delivering newfound trust to media, entertainment and advertising – while reducing costs, eliminating intermediaries and unleashing new value across supply chains.
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¹ The True Cost of Sound Recording Piracy to the U.S. Economy. (link resides outside ibm.com)
² Ad Fraud to Cost Advertisers $19 billion USD in 2018. (link resides outside ibm.com)