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Songtrust

Songtrust

Music publishing and royalty collection platform

About

Songtrust is a music publishing administration platform that helps independent artists, songwriters, and music publishers collect royalties efficiently. The platform tracks the usage of songs across various channels, such as streaming services, physical sales, and live performances, ensuring that all types of royalties, including mechanical and performance royalties, are collected. This service is particularly important for independent creators who often find royalty collection complex and time-consuming. Unlike many competitors, Songtrust operates on a commission structure, meaning they earn money only when their clients do, which aligns their interests with those of the artists. The goal of Songtrust is to simplify the royalty collection process and ensure that music creators receive all the income they are entitled to, making it a valuable partner in the music industry.

Company Stage

N/A

Employees

51-200

Industries

Consumer Software, Entertainment

Total Funding

N/A

Headquarters

N/A

Founded

2010


Simplify Jobs

Simplify's Take

What believers are saying

  • Being recognized as a Billboard Magazine Top Music Startup highlights Songtrust's industry credibility and growth potential.
  • The launch of an updated Modern Guide to Music Publishing demonstrates Songtrust's commitment to educating and empowering music creators.
  • Partnerships like the one with Shadow To Shine show Songtrust's dedication to supporting emerging talent and fostering industry knowledge.

What critics are saying

  • The competitive nature of the music publishing industry means Songtrust must continuously innovate to maintain its market position.
  • High turnover in key positions, such as the recent departure of a director of business development, could disrupt strategic initiatives.

What makes Songtrust unique

  • Songtrust's user-friendly platform specifically targets independent artists and songwriters, unlike traditional music publishers who often focus on established acts.
  • Their commission-based model aligns their financial success with that of their clients, ensuring mutual benefit and trust.
  • Songtrust's comprehensive royalty collection across multiple revenue streams, including streaming and live performances, sets them apart from competitors who may not offer such extensive services.

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Growth & Insights
Headcount

6 month growth

-7%

1 year growth

-7%

2 year growth

-7%

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