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Photo Source: Songtrust
Navigating the world of music royalties can be daunting, especially for independent artists and newcomers. Songtrust has emerged as a popular solution, favored by a range of artists from beginners to Grammy winners, offering a way to capture publishing revenues across various distribution methods.
Founded in 2010 by Downtown CEO Justin Kalifowitz and CSO Joe Conyers III, Songtrust is a worldwide digital rights solutions platform. It simplifies music rights management, including the administration of music publishing assets, performing rights, and digital licensing. Serving songwriters, producers, publishers, music businesses, and educators, Songtrust provides access to revenue streams and detailed data that might otherwise be inaccessible.
Songtrust collects mechanical and performance royalties, which are often overlooked by artists relying solely on distributor payouts. The platform's team, with over 100 years of industry experience, uses technology to streamline the registration process, allowing artists to register a song with multiple societies effortlessly. Songtrust's global network ensures comprehensive royalty collection, supported by direct affiliations with over 50 societies worldwide.
Songtrust's role extends beyond mere collection; it also plays a pivotal role in educating creators about different types of royalties and the complexities of rights management. The platform ensures that all forms of royalties, including those from live performances, digital streams, and usage in TV shows, are tracked and collected.
Songtrust differs from traditional publishers in several key areas:
FeatureSongtrustTraditional PublisherAccountingPays 4x per yearPays only 2x per yearSong DeliveryFast and efficientMonthly or quarterly shipmentsDirect LicensingDirect with over 50 societies worldwideRelies on 3rd partiesSync FeesArtists keep all front-end royaltiesTakes a percentage of all syncsPricing$100 one-off fee, 15% commission on royaltiesVaries
To get started with Songtrust:
Songtrust stands as an invaluable tool for artists in the digital age. With its comprehensive services, global reach, and commitment to transparency and efficiency, it's worth considering for any music creator looking to manage their rights and maximize their royalties.
Q: Is Songtrust suitable for all types of music creators?A: Yes, it benefits songwriters, producers, publishers, and even music educators.
Q: How does Songtrust improve royalty collection?A: By providing direct access to global royalty collection networks and simplifying the administration process.
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