American music payment and workflow management company Jammber has announced the release of its first end-to-end royalty management platform, Jammber Splits.
Composed of three components: tracking the people working on a song and their ownership, automatically registering that song and ownership across North American agencies and collecting royalties via Jammber Money, Splits intends to make faster royalty payments for creators as simple as possible.
The Splits app settles ownership percentages and captures all the necessary metadata needed to collect royalties from the conception of the song. While several other companies have attempted to create apps to capture song ownership, Jammber says it’s the first to offer built-in song registration.
This means writers and producers have the ability to register their songs with their PRO (ASCAP, BMI, SESAC, SOCAN), Sound Exchange, and HFA directly from their phone for just $.50 per song. The company believes giving creatives the easier access to registration leads to higher royalty revenue.
“The song is at the center of the universe of music, and ownership is at the center of the song. It drives recognition, powers payments and royalties and even inspires further creation. When people are creating music together the conversations around ownership are incredibly nuanced. At Jammber we want to continually demonstrate how the psychology of great design can simplify complicated tasks and empower creatives and the entire industry to be more efficient,” explains Jammber CoFounder and CEO Marcus Cobb.
“What makes Jammber Splits different is how simple it is to use while also being flexible. Anyone can get started within a few clicks. The idea of writing a song with your friends one moment and registering it to get paid the next moment from the palm of your hand was thought to be impossible until now.”
Source: Radio and Music