Driven by listening trends that continue to favor music access over music ownership, neighboring rights are currently one of the music industry's quickest-growing income streams. Digital streaming royalties in the U.S, represents 16% of the entire recorded music industry's revenue. In countries that guarantee additional royalty protection for terrestrial radio, the figures are similarly high.
Resulting neighboring rights royalty collections are continually increasing, and are predicted to rise for years to come. Neighboring rights refer to the rights of the featured artists and rights owners on a recording to receive royalties when their recordings are used commercially.
What Rident does
Rident registers your tracks to receive neighboring rights in every major territory to ensure nothing is left on the table. Rident registers your material with international collection societies individually to maximize royalty income.
what rident charges
Rident works on a predetermined rate based on royalties recovered. There are no upfront costs - we only get paid when you get paid. Statements are received within 30 days of funds received, and original statements from the source of collection are provided.