royalty share

Progressive Canadian Record Label Leverages RoyaltyShare’s
Web-based Services for Processing Artist and Mechanical Royalties

RoyaltyShare, Inc., a premier provider of technology solutions to the entertainment industry, today announced that Nettwerk Music Group, Canada’s leading privately owned record label and artist management company, has selected RoyaltyShare to manage its digital sales processing and mechanical and artist royalties.

With the rapid growth of digital music sales through online retailers, subscription services and mobile channels, record labels and music distributors are faced with an enormous challenge to keep track of the incoming sales data originating from these disparate retail sources and calculate accurate royalty payments to the artists and music publishers who hold the copyrights for each track.