Creates first of its kind North American mechanical royalty pipeline
The expanded territory and service provides music publishers with faster payments, accurate distributions, increased transparency and a 5% administration fee; one of the lowest in the world
Audiam has expanded its Digital Mechanical Royalty Services to license and collect mechanical royalties directly from digital music services in Canada.
Audiam has a proven auditing technology to ensure that required royalties are collected for all sound recordings and corresponding songs for current and past unpaid usage. This technology has already increased the royalty distributions to Audiam’s current clients by an average of 20% to 40%.
This first of its kind service is now launched in Canada and provides music publishers with:
• More accurate distributions
• One of the lowest administration fees in the world
• Consolidated statements for those representing catalogs in Canada and the US
The expanded service is up and running and exclusively representing the publishing catalogs of Clear Box Music, Round Hill Music, Raleigh Music, The Elvis Presley Estate, Metallica, Red Hot Chili Peppers, Jason Mraz, Philip Glass, Dandy Warhols, Ruthless Records, Steve Vai, George Thorogood, Mike Campbell and thousands more
The service is a first for publishers and self-published writers and carries a 5% fee in Canada, believed to be the lowest collection agency fee in the world for the licensing of creators and publishers’ reproduction rights. The expanded license and collection continues the mission of using data and technology to ensure more money is swiftly going to the correct rights holders.
As recently announced, SOCAN, the parent company to Audiam, and the Montreal-based reproduction rights society SODRAC are actively discussing the possibility of combining operations with the aim of integrating the management of both performing rights and reproduction rights. This would further enhance the current services offered to rights holders in Canada.
Audiam currently works for the publishing catalogs of thousands of songwriters and composers, including Bob Dylan, Red Hot Chili Peppers, Metallica, Jason Mraz, Steve Miller, Hyvetown, Round Hill Music, Clear Box Rights, Third Side Music, Third Man, Sony/ATV, Pretty Lights, Ruthless, Jimmy Buffett, Victory, Epitaph, Songwriters Guild of America and Sumerian. To date the company has recovered millions of dollars in royalties earned through YouTube, Spotify, Apple Music and other streaming services. Through its unique technology, Audiam locates metadata for every sound recording of a specific composition, determines licensing status and recovers past revenue and assures future payments for the songwriters, composers and music publishers who have fairly and rightfully earned royalties. Publishers and rights holders interested in working with Audiam should contact: email@example.com
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