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Revenue Recovery: How to Recover Lost Music Royalties

Revenue Recovery: How to Recover Lost Music Royalties

Published 11 hours ago
Description

There's no lost and found for your royalties. If you don't claim them, they don't come looking for you, and depending on where the money's sitting, you may only have a few years before it's gone for good.

 

This week we kick off a new thread inside our Rising Tide miniseries: the eight revenue multipliers in music. We're starting with revenue recovery, the money that's already been earned but never made it back to the artists, songwriters, and producers who are owed it. We talk to three companies attacking this problem from three different angles.

 

Jason Feinberg, who leads Kosign at Kobalt Music, breaks down why revenue recovery is such a persistent problem in the first place, the fundamentals every artist needs to register (PRO, MLC, SoundExchange), and why an hour spent getting your metadata in order might be the most profitable hour of your career.

Jeff Ponchick, co-founder and CEO of Mogul, explains how his company built something like "the Plaid of the music industry," centralizing royalty data across every platform an artist is owed money from, and why up to 50% of artist catalogs are registered incorrectly without anyone realizing it.

Rob Brown, chief revenue officer at mprs, zooms into a corner of revenue recovery almost nobody talks about: the master points owed to producers, mixers, engineers, and top line songwriters, and how something as small as an unsigned letter of direction can freeze a producer's income entirely.

 

If you're a music tech company solving problems like these, come demo on the beach and network with the ecosystem at the Music Tectonics Conference, October 27 to 29 in Santa Monica.

 

The Music Tectonics podcast goes beneath the surface of the music industry to explore how technology is changing the way business gets done. Visit musictectonics.com to find shownotes and a transcript for this episode, and find us on LinkedIn, Twitter, and Instagram. Let us know what you think! 

 

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