The new service provides record labels and distributors with a cost-effective way to manage the complexities of the digital sales process, including metadata management, encoding and storage of music assets, delivery to retailers worldwide, and sales transactions processing.
When combined with RoyaltyShare’s powerful Royalty processing service, labels can literally manage the entire digital sales cycle through one system.
RoyaltyShare’s service is unique because it offers customers an automated solution to the challenges of digital distribution, as well as the flexibility to maintain direct agreements with retailers.
Bob Kohn, chairman and CEO of RoyaltyShare, said: RoyaltyShare is applying a new business model to the digital music supply chain by enabling labels and niche distributors to work directly with retailers in order to bring their content to market.
Digital Aggregators often lock independent record labels into multi-year contracts where restrictions keep their digital revenues tied up and barriers are established to keep the labels from having direct relationships with the digital retailers. By approaching the needs of record labels from a service perspective, the RoyaltyShare content management service eliminates a layer and provides customers with the technology to take ownership of their digital business.
