A new British company called Melody Rights has launched a music technology platform that, according to its press release, will “revolutionize the way music creators manage and distribute content.”
Melody Rights said in its FAQ that it is technically a publishing company, but not a traditional one.
The company said it has decided not to compete with established players in distribution, e.g. CD Baby or DistroKid and won’t focus on distributing music to major DSPs, e.g. Spotify and apple music.
Melody Rights said its distribution network includes access to what it calls “top platforms in the stock music, gaming and social music categories” and plans to “expand rapidly”.
The company also says its unique selling point is focusing on everything “behind the scenes” so that musicians get paid every time they play, stream, sync or download their music.
According to Melody Rights’ FAQ section, instead of “getting your music on Spotify, Amazon, or any other streaming platform,” it focuses on “selling your music and then tracking where it’s played or sold to generate revenue “.
Melody Rights claims that by going “well beyond” DSPs such as Spotify and Amazon, artists can tap into a “broader range of revenue streams.”
The company was founded by the Managing Director Bobby ColeBritish music composer, sound designer and songwriter.
In the “micro-stock” space, Melody Rights said it will register users’ music on platforms that license music for videos and content, e.g. AudioSparx, Motion Elements, Pond5 and DepositPhotos.
It will also register music for sale in the game on platforms such as Itch.io and Game Dev Marketplace, and handle uploading music to social music platforms such as SoundCloud, MixCloud, Bandcamp, ReverbNation, and more.
The company says it’s “like having an extra member on your team dedicated to making sure you don’t miss out on any well-earned revenue.”
Melody Rights says it will also assist users in registering music to receive: Writer royalties; Publishing royalties; Neighboring rights; Traditional mechanical (for physical copies such as vinyl or CD), Digital mechanical (for downloads or streaming) and Content ID (get paid when your music is used on platforms like YouTube).
The company said it operates on a revenue-sharing model, in which it takes a royalty based on the package a user chooses.
For example, according to Melody Rights, its “Artist Plan” splits royalties 50/50, while its “Producer Plan” offers a 60/40 split, and its “Label Plan” offers a 70% split in favor of the artist. /30 share.
Meanwhile, for record labels, publishers or music promotion services, Melody Rights said it will offer commissions based on royalties generated by its platform.
The company said it will provide royalty reporting detailing where revenue is generated, including a breakdown by platform, revenue type (e.g. streaming, downloads) and timeline.
“This launch marks the beginning of an exciting journey to support creators, enabling them to widely distribute their work while maintaining control of their rights and royalties.”
Bobby Cole
“Our mission is to empower music creators by giving them the tools they need to succeed in today’s rapidly evolving music landscape,” said Bobby Cole, Founder and Managing Director of Melody Rights.
Bobby Cole added: “This launch marks the beginning of an exciting journey to support creators, enabling them to widely distribute their work while maintaining control of their rights and royalties.”global music business
