Online auction marketplace Royalty Exchange has launched Accelerating Royalty Insights with Analytics (ARIA), a new online application for music royalty owners and publishers. The tool allows publishers, songwriters and artists to determine out how much Spotify, Pandora and others are paying them per play.
Initially developed for internal use for investors needing analytic research on royalty streams in Royalty Exchange auctions, it is now available for free to individual royalty owners and fee-based for publishers.
“Every royalty owner and publisher should add this tool to their arsenal as they battle for their fair share of royalty payments and collections,” said Sean Peace, President of Royalty Exchange. “The light is shining bright on the issue of royalty rates right now as we wait to see what happens at the Department of Justice with regard to the potential consent decree changes. Artists like Taylor Swift and Bono are also helping to keep this issue in the forefront as they battle over what they are getting paid by streaming services. ARIA helps them tackle these issues by providing them with key information that has been hard to pull together in the past.”
Designed to simplify the traditional royalty analysis process, Royalty Exchange asserts ARIA as a tool that breaks down royalty streams, displaying where royalties are coming from, who is paying what and how much they are worth.
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