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Word Collections Launches Royalty Collection Service Aimed at DIY Songwriters
Word Collections has started a royalty collection service for DIY songwriters that strikes direct deals with digital service providers like Spotify.
It’s an apparent attempt by the firm’s founder/CEO, Jeff Price, to duplicate his earlier successes with TuneCore and Audiam, two digital platforms he co-founded and subsequently sold. Word Collections currently administers the publishing catalogs for Metallica, Eight Mile style (Eminem), Greta Van Fleet, Jason Mraz, Grace Potter, Silversun Pickups, John Oates, Songwriters Guild Of America, The Offspring’s Bryan “Dexter” Holland, Shriekback, George Carlin, Margaret Cho and Jerry Seinfeld, among others. What’s more, Price says that Songwriter Collections’ proprietary systems reduce “inefficiencies, fraud, inaccurate data, and the possibility of losing royalties” through the black box mechanisms employed by some societies of making distribution payouts by market share when a recording is not matched to the song’s publishers.
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