RoyaltyShare.com - New Rules for Music Distribution

Radiohead made a critical move by selling their In Rainbows album at a user defined price. Of course they threw in a somewhat pricier boxset to offset the essentially free Mp3s from the new album—all things considered, it was a gutsy, and modern stunt. Nevertheless, they raked in a not too shabby 10 million after a week. Music standards are changing as social nets are expanding; artists and companies need to get with it if they are to succeed in the business. This is exactly where RoyaltyShare comes in and saves the day so to speak. Their services allow artists et. al to manage their distribution partners and avenues that have been made available with the spawning of digital media. Users may administer to various distribution associates which deliver different reports in different formats—e.g. web, mobile, physical distribution. Moreover, RoyaltyShare provides data reports, account managers, and user control. They'll evaluate best distribution methods and optimize each one with new pricing models and improved data management.

"RoyaltyShare offers record labels, music distributors and music publishers the freedom to pursue new revenue opportunities made possible by digital distribution. We enable customers to focus on their core businesses while we take care of the increasingly complex, tedious tasks of sales data consolidation and royalty reporting."

RoyaltyShare is offering something new. With all the fuss about DRM and everything else, the music industry is up in arms—they need a solution which RoyaltyShare offers. It's innovative and very of the times.

How well do they work? How much money do their clients work? Will the music industry embrace this?