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Business News Digital Labels & Publishers
Sony/ATV reveals upgrade to royalty reporting platform
By Chris Cooke | Published on Tuesday 16 May 2017
Mega-music publisher Sony/ATV yesterday announced a number of upgrades to its royalties portal in a bid to give the songwriters it represents “access to the most comprehensive and transparent data available about their earnings”. Good times.
Most music publishers have been busy in recent years honing their royalty reporting systems for songwriters, mainly as a result as a phenomenon scientists call the ‘Kobalt effect’.
The upgrade of Sony/ATV’s Score platform includes the introduction of “real-time access” to each songwriter’s royalty account, rather than waiting for cash updates at the end of each royalty reporting period. There’ll be detailed data about those recent earnings too, plus “an unparalleled overview of historic earnings information that can be searched and organised by song title, income source, time period and territory”. Pie charts all round I say.
Says Sony/ATV boss dude Marty Bandier: “Sony/ATV prides itself on providing our songwriters and their teams an unsurpassed level of transparency and service with highly detailed royalty information. Additionally, within the next few months we will unveil the complementary Score app, further providing them with an unrivalled and groundbreaking insight into both their historic and current period royalties”.
Oh yes, there’s going to be an app too. I forgot to mention that. Good job Marty’s here, hey? So, yes, soon all that real time data and unparalleled historic earnings information will be accessible via a mobile phone as well.
Adds the publisher’s VP Worldwide Administration, Dale Esworthy: “All of the administration teams around the world are proud and pleased with this new release of Score not only because it provides writers unparalleled access to their information, but also because it demonstrates to our writers the level of attention we pay to them and their songs. We are honoured to represent their work in every corner of the globe, and bring that information to their fingertips”.
