Downtown Launches Curve Royalty Services to Streamline Music Industry Payments
Downtown has launched Curve Royalty Services, offering comprehensive outsourced royalty solutions for music industry clients. This new service enables labels, publishers, and distributors to streamline their royalty accounting processes with flexibility and precision.
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Curve Royalty Services provides:
- End-to-end royalty processing solutions
- Flexible outsourcing options
- Accurate reporting to artists and songwriters
- Streamlined accounting and payment systems
The platform currently serves over 70,000 rights holders across 1,500 global clients, including major names like Domino, Epitaph, and Big Machine. In early 2024, the system processed an impressive 1.7 billion royalty lines monthly, with over 10 billion lines processed in Q1 alone.
According to Richard Leach, Managing Director at Curve Royalty Systems, this expansion allows clients to leverage the team's expertise in royalties, catalog administration, and platform management for improved efficiency.
The service launch follows Downtown's acquisition of Curve Royalty Systems in January 2023 and is part of the newly established Downtown Royalties & Financial Services Division, focusing on three core activities:
- Royalty processing
- Royalty accounting services
- Payments
This development reinforces Downtown's commitment to technological innovation and leadership in music rights management while providing transparent and efficient solutions for the music industry.