Title:
Tidal Unveils Revolutionary Features for Artists to Easily Track Royalties and Manage Music Credits
Article:
Tidal, the popular music streaming service, has recently launched groundbreaking features that allow artists to effortlessly track royalties and manage their music credits on the platform. The complexity of music royalties is a well-known challenge for artists, with various rights and organizations involved in the process.
In the United States, all collaborators on a track must be registered with a Performing Rights Organization (PRO) and obtain an Interested Party Information (IPI) number to receive royalties. The PROs track the usage of tracks and ensure that artists are paid accordingly for their work.
One of the biggest challenges for artists is tracking royalties and where their music has been used. Tidal has introduced a new dashboard that displays an artist's IPI, PRO, and publisher information, along with details on their registered recordings and any potential uncredited works. Artists can claim their profiles on Tidal and start tracking royalties after verifying their documentation.
For emerging artists, Tidal offers the option to sign up with AllTrack, a digital PRO that tracks data on streaming services, TV, radio, and more. Additionally, artists can utilize Tidal's toolkit to check and propose changes to track or album metadata for accurate royalty splits.
The best part is that these tools are completely free for artists to use. Tidal is leveraging its catalog and third-party data to provide comprehensive royalty information to artists. Agustina Sacerdote, Tidal's global head of product, emphasized the importance of supporting artists in the music ecosystem and providing them with user-friendly tools.
In a market where several venture-backed startups are also working on similar solutions, Tidal's focus on developing products for artists sets it apart from competitors like Spotify. Tidal's recent release of Collabs and upcoming features to connect artists with fans demonstrate their commitment to empowering artists in the music industry.
In conclusion, Tidal's new features offer a game-changing solution for artists to manage their music royalties and credits effectively. By simplifying the complex process of royalty tracking and providing user-friendly tools, Tidal is revolutionizing the way artists interact with their music on the platform. This innovation has the potential to significantly impact artists' lives and finances by ensuring they receive proper compensation for their creative work.