The BELEM project, Boosting European Lyrics and their Entrepreneurial Monetization, fosters the licensing, aggregation, distribution, exhibition and translation for meaning and greatly increases the monetisation of European lyrics and lyric translations for meaning. This significantly boosts the sustainability and exportability of European Music songs for music publishers and songwriters, and benefits the audience, leading to increased language diversity and understanding globally, with translated lyrics crossing (and breaking) borders, both in digital and virtual, as well as live, in concert, formats. These lyrics and lyric translations for meaning will be distributed globally. Virtual and live concerts by European artists will be produced with subtitles, singing in their native languages, or a mixture of languages, and will be able to be understood by audiences in any country, in many languages. BELEM has Objective 1 (Transnational Creation and Circulation of works) at its core, with the Sector-Specific Priority no. 6 for the Music Sector as its capacity building, innovative drive, reinforcing the capacity of European music professionals, publishing companies and labels in music promotion, distribution and monetisation. BELEM allows EU based works to be licensed and distributed, with lyric translations for meaning, thus legalising currently unauthorized digital sites around the globe, while also monetising these views, through new digital, accounting and technological means, expanding traditional business models for EU works. Driving new revenue streams to European authors, composers and publishers, as well as providing new digital tools for labels and music distributors to create new lyric videos in the original and multiple languages for their European recording artists, the project also boosts the co-creation and co-production of new European works and recordings, adding new economic value to European musical and linguistic heritage.