The song royalties investing platform reports total revenue for songs in the listing was up 9% last year compared with 2022, while OneRepublic’s “Counting Stars” was the highest earner.
The music investment platform will use SoundExchange to give artists a cut of its revenue based on page view traffic.
Its backers include Spotify, Live Nation, YouTube, Red Light Management, Bertelsmann Digital Music, Galaxy Digital and others.
The platform wants to open the exclusive world of song investment to the public. Will fans and the music industry buy in?
