With stories constantly hitting the headlines in recent years about the meagre streaming royalty payments to artists, Swedish label HMLW (House Music With Love) is looking to offer a level of transparency that's unheard of in dance music circles, giving its artists complete access to online royalty analytics.
All producers signed to HMWL or one its imprints have been given a personal login that allows them to track every single stream and download generated by their tracks.
This level of transparency has been something that a lot of artists have been demanding for a while now. The new system developed by Phonofile gives artists insights into how their music is performing across the world, and hopefully should lead to a more transparent system of remuneration when it comes to streaming too.
Teaming up with Norwegian distribution service Phonofile, HMWL is one of the first labels to provide its artists with Phonofile’s newly developed artist access tool online, providing fully segmented royalty reports from across the world for both streams and downloads.
“We’ve identified a problem within the dance community, particularly where house and techno artists are kept in the dark with no cheques, no royalty statements and no info at all about what their tracks are worth – especially in the case of 3rd party licensing,” says Alex Esser, HMWL label co-founder. “Now we team up with Phonofile to give all our artists complete access.”
Ahead of the service's launch, Phonofile said: "We’re happy to present Phonofile Royalties, a brand new service for our label partners to ease the process of creating and distributing royalty statements. Additionally, we hope it can improve transparency by enabling them to give their artists online access to detailed information for each statements."
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