The world of music is ever growing and evolving, and we’re not just talking about sound trends. With the consistent introduction of varying revenue streams and distribution channels, the opportunity for profit grows, but so does the complexity. That’s where Rident Royalties comes in.
Neighboring rights represents 16% of the entire recorded music industry's revenue in the U.S. This growth is predicted to continue ass listening trends continue to favor music streaming over music ownership. Whether you are a management firm owner, a label owner, or an independent artist, you cannot afford to leave neighboring rights out of your business model. With years of experience in the neighboring rights field, Rident Royalties is well-equipped to provide independent organizations with the royalty collection knowledge needed to remain independent.
Depending on the performance rights organization, tracks need to be claimed within a specific timeframe, and retroactive collection expiry dates vary. We have familiarized ourselves with the policies to ensure we are collecting the full retroactive amount our clients are eligible for.
Rident Royalties' dedication to high quality work does not end once your royalties are received. Rident Royalties thoroughly analyzes every royalty statement received to ensure no tracks have fallen through the cracks, and that you are paid the maximum royalty amount you are owed.
CLAIMS AND DISPUTE MANAGEMENT
Collection societies work with tens of thousands of artist and labels, and unfortunately, overlapping claims and disputes are common. We actively track and resolve all potential disputes so that you can focus on what matters most: making great music.
Rident provides full original statements for every payment issued within 30 days of funds received. We also provide statements from the source of collection - there are no smoke and mirrors around where your money is coming from. In order to build trust and long-lasting relationships, transparency is paramount.