TIDAL has announced the launch of a new set of tools designed to streamline songwriters' the often complex process of managing music royalties and credits. With this rollout, TIDAL offers songwriters the resources they need to ensure they are fully compensated for their contributions.
The platform’s latest feature set, only available to US-based songwriters as of now, offers a hub where they can oversee every aspect of their catalogue. This includes managing publishing information, fixing incomplete compositions, and gaining a clear view of all credited works. By bringing everything into one place, TIDAL hopes to simplify a process that has historically been mired in confusion and red tape.
One of the standout features is that songwriters can easily organise their administrative information. TIDAL’s new tools provide a checklist to manage details such as PRO (Performing Rights Organization) affiliations, IPI numbers, and publisher data. For those unfamiliar with these processes, the platform offers guidance to ensure songwriters are properly registered and ready to collect all due royalties.
Another key component of the toolset is its focus on accuracy. Songwriters can review and correct their catalogue’s metadata, ensuring that their work is correctly attributed. The platform highlights any unmatched or incomplete compositions, so it becomes easier to claim all deserved earnings. This is especially crucial in an industry where missed royalties are all too common.
"Composition royalties are complicated, period. So complicated that songwriters miss out on millions of dollars each year. Easily manage your publisher info, review your catalog, find and fix unmatched compositions, and get sign-off on split sheets from creative collaborators. Own your career with confidence, knowing your catalog and royalties are in sync."
Collaboration management is also simplified. TIDAL introduces digital split sheets, allowing songwriters to assign credit percentages to co-writers and secure their sign-offs, all within the platform. This eliminates the need for outdated methods like paper notes or buried text messages, making it easier to keep track of who contributed what to each song.
TIDAL also gives songwriters control over who can access and manage their catalogue. Permissions can be assigned to trusted team members like publishers or managers, with the flexibility to revoke access when roles change.
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