Digital rights agency Audiam has updated its client portal with the technology it uses to find unclaimed money for copyright owners. The change means that artists, songwriters, publishers, and labels can see reports on every version of their works across services, including covers that they may not have known about. The technology is called Layla, and it offers a granular view for tracking income. Continue Reading
Canadian collection society SOCAN has acquired U.S. digital rights specialist Audiam. Founder and CEO Jeff Price will remain at the head of Audiam and will collaborate with SOCAN’s leaders moving forward. Continue Reading
Buzz, accusations, and legal jargon are swirling around the echosphere today in the wake of Spotify’s removal of the Victory Records song catalog from its library. Music licensing and royalty payouts in interactive streaming services are complex, sometimes compared to an impenetrable black box. Is there a solution? Continue Reading
Indie distribution company The Orchard announced that it has purchased RoyaltyShare, a royalty-processing service, and made a strategic investment in a second royalty processor, Korrect. Thanks to the combined elements of those businesses, The Orchard will be providing a standalone royalty processing service for independent record labels. Business management has been a pivotal topic for independent artists as more listening happens in the online space, especially with the popularity of streaming platforms. Continue Reading
Royalty recovery firm Audiam has raised a $1-million funding round from a diverse coalition of investors in the music industry. Audiam fills an unusual niche in the online music ecosystem, tracking down failed royalty payments, collecting them, and getting the money where it’s supposed to go. Continue Reading
Jeff Price, founder and CEO of Audiam, has launched a new division of his company called the International Association of Music Publishers. This group aims to quickly and accurately pay publishers mechanical royalties for the digital use of their creations. The FAQ explains that IAMP aims to also identify and record mechanical royalties that were previously earned but unpaid. Continue Reading
TuneCore has added a new feature to its Artist Services program focused on incorporating YouTube into its monetization avenues. YouTube Money collects revenue for use of its customers’ music on the video channel for a one-time fee of $25. The FAQ for the service noted that display ads, overlay in-video ads, TrueView in-stream ads and non-skippable in-stream ads are all available for monetizing videos. Continue Reading
Audiam, a seven-month-old startup, announced closing a $2-million investment round. Notably, the coalition of investors comprises musicians, small-label owners, and producers. The company solves a unique problem, by identifying unauthorized use of recorded music on YouTube, and generating royalties for rights-holders. Continue Reading