Songtradr has launched a tool for artists to distribute their music to over 200 streaming and download services at once, whilst providing cross-platform audience demographic metadata.
The service collects and distributes 100% of the royalties from streaming and downloads directly to artists and any other participating rights-holders.
It is provided for free with the existing Songtradr Pro subscription priced at $4.95 per month.
In addition, Songtradr, which has over 200,000 artists and catalogs, now has the ability to provide licensing customers with music and artist demographic data.
“This new service will go a long way in helping to drive new opportunities, and more compensation for artists worldwide.”
paul wiltshire, songtradr
Paul Wiltshire, founder and CEO of Songtradr, said: “Bundling digital distribution with our existing content and rights management tools, and licensing marketplace, is an important step toward our goal of providing independent artists with access to all of the essential tools and services they need to manage their music from a single platform.
“We’re committed to ensuring artists are compensated fairly for their work, and Songtradr’s business model ensures artists receive 100 percent of any income generated from the streaming and download platforms we distribute to, while retaining control of their rights.”
The digital distribution service was soft-launched to Songtradr’s existing artists earlier this month, and over 3,000 album and single releases have been created since.
Wiltshire added: “We believe introducing digital distribution as a service is highly complementary to our existing licensing business, and in particular, will provide our clients in the advertising business a new level of intelligence and trust.
“This will go a long way in helping to drive new opportunities, and more compensation for artists worldwide.”
Music Business Worldwide