CANNES, France, January 28 /PRNewswire/ --
- Premier UK-Based Record Label Group Chooses RoyaltyShare Digital Sale Management Service in Combination With Musicalc
(MIDEM, A2iM Booth # R36.18.) -- RoyaltyShare, a premier provider of technology solutions to the entertainment industry, today announced that Beggars Group, a UK-based consortium of leading independent record labels, has selected its Digital Sales Management (DSM) Service to handle the backend processing of information for the labels under its umbrella. Beggars Group is a long-term user of RoyaltyShare's Musicalc royalty processing software, and will now leverage the DSM platform for processing digital sales from their worldwide digital licensees. DSM works seamlessly with Musicalc, allowing customers to upload all their digital sales with the click of a button.
"Beggars Group has been on the leading edge of digital distribution for almost a decade," said Martin Mills, president and Chairman of Beggars Group. "As the digital landscape has grown in scope and complexity, we have recognized the need for specialized technology services that offload the increasing data management burden. The combination of RoyaltyShare DSM and Musicalc services will further our ability to provide accurate & timely statements to our artists and publishers."
"Forward-looking organizations such as the Beggars Group are well aware of the vast potential from booming digital sales, and understand the type of technological investments that must be made to monetize them," said Bob Kohn, Chairman and CEO of RoyaltyShare. "By providing their record labels with the tools and confidence needed to effectively pursue multiple revenue streams, Beggars Group will be well-positioned to fully leverage the opportunities in the digital arena."
RoyaltyShare DSM enables record labels and music distributors to consolidate, manage and interpret data digital music and video revenue streams through the use of a standard Web-browser interface. With support for well over 100 leading retail services, the RoyaltyShare DSM automates the processing of digital sales revenue and offers access to timely sales analytics tools for viewing sales by a variety of criteria.
The DSM service features a simple fee structure based on the volume of revenue processed, making it a cost effective solution for both large and small record labels and digital publishers. Interested parties can go to http://www.royaltyshare.com or call +1-858-458-1600 for more information or to sign up for the service.
RoyaltyShare is the worldwide leader in web-based royalty processing and digital content management solutions for the global entertainment industry. Utilizing an innovative Software-as-a-Service (SaaS) application delivery model, RoyaltyShare provides a suite of on-demand services dedicated to simplifying the increasingly complex digital sales process. Its state-of-the-art system and dedicated 24/7 support team enable music labels, distributors and publishers to accurately manage the entire digital sales process anytime, anywhere. RoyaltyShare's service offerings include the ripping and coding of content, metadata management, storage and delivery of digital content, managing sales and distribution information, calculating royalties and generating Web-accessible royalty reports. RoyaltyShare's web-based solution supports the management of content sold through digital, physical, subscription, mobile and other channels. For more information, please visit http://www.royaltyshare.com.
About Beggars Group
Beggars Group is one of the world's leading independent groups of record labels and was first established in 1976. The group now consists of the following labels -- 4AD, Beggars Banquet, Matador, Rough Trade, Too Pure and XL Recordings and has seven dedicated offices worldwide, in addition to the three that operate in London. The current roster of artists numbers in excess of one hundred acts and included in there are the likes of Adele, Basement Jaxx, Beirut, British Sea Power, Cat Power, Jarvis Cocker, M.I.A., Radiohead, TV On The Radio and The White Stripes whilst the group also boasts catalogue artists like The Charlatans, Cocteau Twins, The Cult, The Fall, Gary Numan, Pixies and The Prodigy. For more information, please visit: http://www.beggars.com/
Steve Grady, President, COO of Royalty Share, +1-858-784-5411, email@example.com; or Editorial, Michael Kelly of Nadel Phelan, +1-831-440-2403, firstname.lastname@example.org, for RoyaltyShare