Kobalt Debuts Royalty Tracking Portal
Kobalt Music Group is rolling out a new interactive system for tracking royalties. The Kobalt Portal includes usage data and royalties earned on YouTube user-generated content and allows clients to watch the associated video. Kobalt plans to offer this level of transparency for all key digital service providers globally.
Via the portal, clients can also follow the synch process in real time, including tracking the income generated, and the videos of their music when licensed for advertising, TV, film trailers, games and other media. Among other new features are a real-time, customizable global activity feed and action center that notifies clients of key events and items to address in their catalogue.
Income and product data are prominently featured, and clients can query their catalogue in detail by work, rights type, territory, product and licensee. Detailed royalty analysis tools are supported by graphics.
Clients can enter new works and product data, allowing for two-way communication. The new portal is also customizable; each client can set their own reporting preferences and choose which activity alerts and notifications they receive.
Willard Ahdritz, Founder and CEO of Kobalt Music Group, said, “We expect digital revenues for Kobalt’s rights owners to increase significantly as a direct result of our new technology integration. Building on our existing platform and proven technology, this is one of our most significant technology achievements to date, offering the first completely visual and fully interactive client communication platform.”
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