Downtown Music Holdings-owned royalty collection platform Songtrust has posted record increases for the total number of songs, songwriters, and producers it represents.
The company has also seen significant increases in the amount of royalties paid to clients, and an expanded global reach.
Songtrust now administers the musical works of more than 300,000 songwriters, producers, and other rights holders (having added 95,000 since June) and a catalog of more than 2,000,000 songs.
The company’s royalty collections have also increased by nearly 250%.
Songtrust is now able to collect royalties from more than 150 countries and territories and has over fifty direct affiliations with collection societies, enabling creators to more easily claim their royalties worldwide.
Songwriters entrusting the platform with their global royalty collection include Jeremy Zucker, Tessa Violet, Craig Finn of the Hold Steady, and writers who have written or co-written songs for Billie Eilish, J. Cole, Anderson.Paak, Meek Mill, and more.
In 2019, Songtrust songwriters were recognized with three Platinum records, six Gold records, and nine Grammy-nominated songs.
Songtrust also acts as the administration partner for the repertoire of works represented by Downtown Music Publishing, Sub Pop Publishing, ZJS Music Publishing (Average Joes Entertainment), Merge Music Publishing, Symphonic Publishing, Passé Publishing, in addition to business partnerships with distributors like CD Baby, DashGo, Audiomack, Tracklib, and Symphonic Distribution.
“As the music industry continues to evolve, Songtrust has become the preferred option for more songwriters, composers, and creators to have access to the global music publishing network we are expanding every day.”
Molly Neuman, Songtrust (pictured)
“Every musician around the world, whether they’re an artist, songwriter, producer, or composer, should be able to easily and efficiently collect the royalties due to them without relinquishing their creative control,” said Molly Neuman, President of Songtrust.
“As the music industry continues to evolve, Songtrust has become the preferred option for more songwriters, composers, and creators to have access to the global music publishing network we are expanding every day.
“We are focused on being a business partner to the creative community, offering fair, flexible and affordable terms that help them get what they are owed.”Music Business Worldwide