As the founder and CEO of two music rights software companies—TuneRegistry and RoyaltyClaim—I empowered independent music creators and rights-holders from over 40 countries with tools to protect and administer their copyrights in the United States and to uncover unclaimed royalties and music licenses around the world.
I started my career in the music industry as an independent artist and self-published songwriter, then evolved into an advocate of music creators as first an artist manager and eventually the owner/operator of an independent record label and independent music publishing company. Later, I pivoted from being hands-on the music to conceptualizing and developing technological solutions to address some of the challenges I faced while wearing the many hats that I had worn.
As I reflect on my passion and look to the future I am excited to imagine how I can contribute in some meaningful way to the careers and livelihoods of thousands of music creators; especially independent artists and self-published songwriters.
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.
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!
Neighboring rights is becoming a hot ticket music rights issue as download decline (and thus, mechanical royalties) and Internet streaming soars. However, the fact that US music creators and rights owners get the short end of the stick in terms of the global view of neighboring rights protections and financial reward, it is more important than ever of US stakeholders to see where and how their music is performing around the world. Neighboring Rights Agencies have boomed over the last several years to address this issue, but they’re still highly selective and most work with a few dozen performers, if any at all.
This is why we are happy to announce our Unclaimed Neighboring Rights database which launches today with nearly 1 Million records from several collective management organizations (CMOs) and foreign collection societies.
To raise awareness of the Section 115 copyright issue, Royalty Claim created a Spotify playlist containing songs on Spotify for which Spotify has not paid out mechanical royalties. Read the story here.
Fordham University School of Law, Lincoln Center Campus, New York, NY
Copyright and Technology NYC 2018 is the ninth annual one-day conference that focuses on the dramatic and fast-moving influences that technology has on copyright in the digital age. We are the unique forum where technologists, attorneys, media industry people, and public policy decision makers get together in the same room for intelligent dialog over current hot topics related to copyright and technology.
Match Game: The Problem of Matching Music Recordings to Compositions
The dramatic growth of streaming has exposed an Achilles’ Heel in the music industry: matching sound recordings to their underlying musical compositions. Music services face challenges in determining which songwriters and music publishers they should pay royalties for the tracks they stream for their users. Accurate linking of sound recordings to compositions has proven problematic: it has led to controversies and lawsuits as well as opportunities for technological solutions. We’ll discover the state of the art in technology as well as industry-level attempts to solve this growing problem.