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The (Not Quite) Definitive Guide To The Exploitation Of Music Royalties

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There’s been a lot of talk lately about music royalties; those pesky micro-pennies that add up to something worth fighting over after millions and billions of streams.

With the music industry seeing revenue growth powered by streaming, coupled with shrinking per-stream royalty rates caused by a combination of horrible statutory royalties, unsustainable subscription models, and more content than ever before splitting up the pie, music royalties have never been more scrutinized in modern music history, IMO.

In the United States alone, there are several legislative measures being proposed that directly address music royalties — Fair Play Fair Pay Act (artist royalties), Songwriter Equity Act (songwriter royalties), AMP Act (music producer royalties), CLASSICS Act (legacy artist royalties) — with powerful proponents (music rights organizations, music creators’ rights advocacy groups, and music industry trade associations) and even more power opponents (digital media and Internet company coalitions, broadcaster lobbying organizations, and in some cases, DSPs themselves) on both sides.

Nevertheless, this is an interesting time for music royalties.

Technologists and music licensing experts have come together to create a variety of offerings to music creators and rightsholders to help them exploit their music royalties. Whether you want to find unpaid royalties, get a loan against future royalties, sell your royalties or allow music fans to invest in your music royalties, there’s a platform for that.

Here’s a (not quite) definitive guide of music royalties tools and services (A-Z):

FIND & CLAIM UNPAID MUSIC ROYALTIES

  • Paperchain (Revenue Share) – Enriching the music supply chain. Paperchain solves the problem of unpaid royalties in the music industry. Paperchain empowers music copyright owners with products and services to solve the problem of unpaid royalties.
  • Royalty Claim (Free/Subscription) – Search, Find, and Claim Millions of Unclaimed Royalties and Music Licenses. The Royalty Claim Platform is powered by data made available through the ongoing research of the Royalty Claim Initiative, its researchers and data scientists, and valued music industry partners.

GET ADVANCES & LOANS AGAINST FUTURE MUSIC ROYALTIES

  • Sound Royalties (Flexible Repayments Terms) – Next-generation royalty financing. Retain your music rights. Keep your royalties.
  • Lyric Financial (Flexible Repayment Terms) – Advances, Loans, and Financial Solutions for the Music Industry
  • Royalty Advance Funding (Interest Loan) – Royalty Advance Funding has funded hundreds of established music royalty earners including songwriters, composers, publishers, producers, and their successors.

SELL, BUY OR INVEST IN MUSIC ROYALTIES

  • Royalty Exchange (Ownership & Dividends) – Your online marketplace for buying and selling royalties.
  • SongVest (Dividends) – The Stock Market of Music. For the first time ever, both investors and fans can own and get paid by the music that they love.
  • Perdiem (Dividends) – Investment platform for creatives. Start your own record label and build your brand in music.

 

Featured Photo by Fabian Blank on Unsplash

Have You Searched The Royalty Claim Database? What Are You Waiting For?

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Another Royalty Claim user shocked to find that they have unclaimed entitlements in our database.
 
Are you a music creator or represent music creators? Have you taken the time to create a free account and search our nearly 50 Million records? What are you waiting for? With each day that passes, thousands of unclaimed royalties fall out of the statue of limitations!

SoCal Music Industry Professionals August Meetup With Chips & Salsa Sponsored By Royalty Claim

I am excited to announce the next SoCal Music Industry Professionals (Meetup | Facebook) meetup taking place at my absolute favorite taco joint (which happens to be a beautiful venue for live music on La Brea in Mid-Wilshire District) — Candela La Brea!

I’ve know the owners for almost a decade, having hosted events/parties in this space as a college student/club promoter. The family has completely revamped the space, so I am thrilled to host my music industry colleagues here to network and check it out the space (Red Bull just hosted a sick music event here last night). My buddy Omar, the GM, was kind enough to grant us the full upstairs lounge with a private bar (great margaritas) and a complimentary chips & salsa bar sponsored by Royalty Claim (you can also order food from the full menu…the tacos are AMAZING!).

I hope to see you all Thursday, August 31st at 6pm! Please RSVP (plus 1s and 2s are OK) on Facebook at https://www.facebook.com/events/386559748425153 or on SCMIP Meetup website http://www.meetup.com/scmiponline

 

Best,
Dae

Royalty Claim Announces Pre-launch Webinar For This Weekend

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Just Announced: Royalty Claim Pre-launch Webinar

Get a sneak peak behind the curtain with Royalty Claim’s Founder & Chief Researcher, Dae Bogan.

Agenda:

  1. Overview of the Royalty Claim Initiative.
  2. An encore presentation of our presentation at the Music Industry Research Association Conference.
  3. Live demo of Royalty Claim Platform v1.0.
  4. Music industry Q&A.

The webinar will take place on Saturday, August 19th at 10am PDT

REGISTER HERE

Mid-Summer Review

Happy August! This has been one of the busiest and most productive summers 🌞 that I’ve had in Los Angeles in recent years. Here’s a mid-Summer review:

The summer began with a downer that turned out to be a good thing. My “Music Industry Entrepreneurship” summer class at UCLA was cancelled, but ultimately that cancellation freed up more of my time for the things that followed.

In June, I began work on the Royalty Claim website and database platform. Royalty Claim is a product of my ongoing research into the global music licensing and royalty flow ecosystem, specifically my research into its inefficiencies and the legal loopholes that lead to billions of dollars in unpaid royalties owed to music creators and rightsholders. The Royalty Claim Initiative will aid in creating transparency in the global music licensing ecosystem by offering a free online searchable database of unclaimed royalties and music licenses. I recently joined the Music Industry Research Association and will be presenting a state of music licensing report at its first inaugural MIRA Conference at UCLA on August 10th. This will also serve as the launch of Royalty Claim.

At the end of June I hopped over to Puerto Vallarata, Mexico where I spent a week with a group of friends. It was so fun and I got to check off a bucket list item: ziplining in the wilderness. Good times!

During my trip to PV, the deal that I had been working on for several months had officially closed. That is, my in-store music video network business that I founded in 2012 had been acquired by Empire Distribution. It was great timing. The acquisition frees me up to focus and invest more on my company TuneRegistry and my new project Royalty Claim.

Also in July, I produced in San Francisco the first of a series of summer events for my client Shiekh. It was an event for the launch of the Puma x Kylie Jenner “Velvet Rope” sneaker collection. My #EventsByDae team kicked butt and we had a successful event for client and guests.

I will be producing the next event on Aug 14th at Hyde Bellagio in Las Vegas.

I also attended FYF Fest for the first time and I got approved for a new apartment that I’ve been eye’ing for months.

The Transparency in Music Licensing and Ownership Act: The Domesday Book Meets A Unicorn

“Unconstitutional taking and an international trade treaty violation all in one bill.”

Music Tech Solutions

Americans are freedom loving people and nothing says freedom like getting away with it.

Long Long Time, written by Guy Forsyth

Longtime PRO opponent Rep. Sensenbrenner introduced a bill entitled “The Transparency in Music Licensing and Ownership Act“, a piece of work that is Dickensian in its cruelty, bringing a whole new meaning to either “newspeak” or “draconian,” take your pick.  It’s rare that the Congress can accomplish the hat trick of an interference with private contracts, an unconstitutional taking and an international trade treaty violation all in one bill.  But I guess practice makes perfect.  And since the MIC Coalition gave the bill a rousing cheer followed by a heaping serving of astroturf, we should not be surprised.  (Read the bill here.)

While this legislation currently applies only to songs and sound recordings, other creators should not feel that they’ve dodged…

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Mass “Address Unknown” NOI Loophole Continues Apace With Growing International Implications

We, RoyaltyClaim.com, are launching a searchable database next month at the Music Industry Research Association’s MIRA Conference. We not only have NOIs, but also unclaimed royalty records and music licenses records from several other music rights organizations. I demoed the platform last month at the SoCal Music Industry Professionals and Artists Managers Connect meetup in Downtown Los Angeles. Learn more at http://www.royaltyclaim.com.

Also, TuneRegistry addresses the issue before it becomes an issue. Learn more at http://www.tuneregistry.com.

MUSIC • TECHNOLOGY • POLICY

[Editor Charlie sez: This post first appeared in the MusicTechPolicy Monthly Newsletter. Subscribe by signing up for MTP by email.]

As we have reported a number of times this year, Amazon, Spotify, Google, Pandora, iHeart, Loudr and others are taking advantage of the compulsory license loophole that allows these companies to file tens of millions of address unknown “notices of intention” to rely on the compulsory license for songs in the Copyright Act.  Perhaps more remarkable is that Amazon’s head of music, the eponymous Steve Boom, managed to make it through his entire Alexa demo at the NMPA Annual Meeting keynote without ever mentioning Amazon’s dedication to the mass NOI loophole and its negative effects for the songwriters and publishers listening to his demo.

If a music user like Amazon wants to use the song compulsory license but can’t find the song owner in the public records of the Copyright…

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