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International Entertainment News

Tuesday, June 17, 2008

RoyaltyShare Appoints Catie Derryberry as Vice President Strategic Accounts

RoyaltyShare Appoints Catie Derryberry as Vice President Strategic Accounts

Leading Royalty Processing and Digital Content Management Service Provider Taps Veteran Music Royalty Administrator

SAN DIEGO, June 17 /PRNewswire/ -- RoyaltyShare, a premier provider of digital royalty solutions to the entertainment industry, today announced the appointment of Catie Derryberry to the position of Vice President, Strategic Accounts. A twenty-year music industry veteran, Derryberry will play an integral role in the company's support of large label and distributor accounts including Welk Music Group, Razor & Tie, Beggars Banquet (U.K.), Destra (Australia), Madacy (Canada), as well as the signing and implementation of new clients. Derryberry will be based at the company's San Diego headquarters and will report to Steve Grady, president and COO.

Derryberry has extensive experience in royalty administration and business processes at both major and independent record labels. Derryberry's career has included working in administrative roles for MCA Records, the predecessor of Universal Music Group, as well as for BMG-distributed Private Music, as director of copyright and business affairs, overseeing the licensing and royalties for the various sub-labels under its charter. She later moved to BMG Latin in Miami, where she established its royalty department.

More recently, she served as president of MusiCounts, a Los Angeles based consulting firm providing specialized services to the music industry, including the development and implementation of royalty administration systems. While working at MusiCounts, her responsibilities included managing the firm's relationships with key independent record labels, production companies and distributors such as Six Degrees Records, Warner Music Group, including its Rhino Records division, eMusic, and others.

"Catie Derryberry brings a wealth of experience to the RoyaltyShare team," said Bob Kohn, Chairman and CEO, RoyaltyShare. "We look forward to the great support and guidance she will provide our existing customers and her help in growing our business through the addition of new strategic accounts."

About RoyaltyShare

RoyaltyShare is the worldwide leader in Web-based royalty processing and reporting solutions for the global entertainment industry. RoyaltyShare provides a suite of on-demand services dedicated to simplifying the increasingly complex and necessary task of managing sales and distribution information, calculating royalties, and generating Web-accessible royalty reports. RoyaltyShare's centralized revenue data processing solution supports digital, physical, subscription, mobile and other sources of revenue. Its state-of-the-art system and dedicated 24/7 royalty support team enables music labels, distributors and publishers to accurately manage royalty reporting obligations anytime, anywhere. For more information, please visit http://www.royaltyshare.com/.


First Call Analyst:
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Source: RoyaltyShare

CONTACT: Steve Grady, President, COO of RoyaltyShare, +1-858-458-1600,
ext. 11, steve@royaltyshare.com; or Michael Kelly of Nadel Phelan,
+1-831-440-2403, michael@nadelphelan.com

Web site: http://www.royaltyshare.com/


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