RoyaltyShare Expands UK Service

6/15/09Follow @bvbigelow

San Diego’s RoyaltyShare, which provides software-as-a-service for record labels that want to track and collect music royalties, says its technology now supports the U.K.’s Mechanical-Copyright Protection Society. Bob Kohn, RoyaltyShare’s co-founder, chairman and CEO, says creating an automated process for reporting royalties to MCPS represents a “significant milestone” for RoyaltyShare. “They have 100 percent market share in the U.K., and all record labels in the U.K. use the MCPS system,” Kohn told me today. Royalty Share’s online Digital Advantage service aggregates and monitors record label sales, and calculates royalties owed to artists, songwriters, and music publishers.

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788 Follow @bvbigelow

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