Since its launch in 2017, Sound Credit has become a powerhouse of metadata sharing and collection, amassing more than 15,000 users who are now cashing bigger and better royalty payouts. Labels, publishers, administrators, and independent artists rely on Sound Credit’s decentralized cloud-based architecture because it allows metadata capture at the place of origin, so more artists can be connected to royalties from the start of a project. DMN recently joined forces with Sound Credit to further expand metadata ingestion and resulting royalty collection.
65th Annual Grammy Awards in Los Angeles in 2023:
Peter Leathem OBE, CEO of PPL; Gebre Waddell, CEO & Founder of Sound Credit; and Tim Smith, Bee Partners (Photo Credit: Sound Credit)
COMPANY PROFILE: SOUND CREDIT
Making sure musicians are properly credited and paid.
Tools for everyone in music to track, edit, and deliver credits. In the age of digital distribution, the stories and artwork once included with music have disappeared. Sound Credit is the new standard, allowing you to collect and track credits as they happen and publish them or deliver to labels.
→ Gebre Waddell
LAST FUNDING STAGE:
Human Machine Interaction
Funding to Date
"Our mission is to champion creators across diverse creative industries by safeguarding their long-term interests and revolutionizing their supply chains. We harness the power of metadata, cultivate innovation, and deliver cohesive, data-driven experiences that inspire and empower both creators and consumers alike in their respective fields."
Sound Credit CEO Gebre Waddell and Danielle Gore, Epicenter Memphis Senior Manager of Innovation Programs discuss with Quicktake's Jennifer Zabasajja at the National Civil Rights Museum in Memphis.
Neighboring rights, sometimes called ‘related rights,’ can be tricky to capture. Songs frequently have multiple rights owners, particularly across the recording and publishing components of a work. Threading those rights, even across the same song, has proven complex and a source of significant unrecognized royalties.
Terms of the deal were finalized in the run-up to the Grammys in Los Angeles, with Sound Credit structuring the deal via its sister brand Soundways.
Speaking to Digital Music News about the Sound Credit-Soundways-PPL partnership, Sound Credit CEO Gebre Waddell said, “We are thrilled to be working with PPL to provide our community in North America access to PPL’s expertise in the international collection of neighboring rights royalties. Our partnership will help ensure that artists and rights holders are properly compensated for their work, and that the process of collecting and distributing neighboring rights royalties is as smooth as possible.”
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Originally appeared in Digital Music News Sound Credit Partners With PPL — North American Creators Can Now Collect Neighboring Rights Royalties
Physical kiosks at major studios allow artists to "sign into" their sessions and Sound Credit does the rest.