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International Entertainment News

Tuesday, January 13, 2009

RoyaltyShare Supports US Independent Music with Sponsorship of A2IM Pavilion at MIDEM

RoyaltyShare Supports US Independent Music with Sponsorship of A2IM Pavilion at MIDEM

Stepped Up Presence at MIDEM to Help Convey How Labels Can Substantially Reduce Operating Costs

SAN DIEGO, Jan. 13 /PRNewswire/ -- RoyaltyShare, Inc., a premier provider of digital royalty and content delivery solutions to the entertainment industry, today announced that it will be a primary sponsor of the American Association of Independent Music (A2IM) pavilion at MIDEM 2009. The 43rd MIDEM will take place January 18- 21, 2009 at the Palais des Festivals in Cannes. RoyaltyShare's executive staff and business development team will be holding meetings, in a dedicated meeting space within the A2IM pavilion (Booth R 36.18), to demonstrate how labels can substantially reduce their operating costs.

Since its founding in 2005, RoyaltyShare has emerged as the first software-as-a-service (SaaS) based provider of royalty processing and digital distribution solutions. RoyaltyShare's customers include more than 300 of the world's leading independent music labels including Razor & Tie, Beggars Group and Welk Music Group.

"In these challenging economic times, we are using our stepped up presence at MIDEM with A2IM to get our cost-savings message across to an increasingly cost-conscious music industry," said Bob Kohn, chairman and CEO of RoyaltyShare. "Our easy-to-use, web-based platform not only helps labels manage their digital business end-to-end-from digital distribution to royalty processing-but does so at a substantial savings to old business models and legacy software tools."

A2IM serves the independent music community as a unified voice representing a sector that comprises over 30 percent of the music industry's market share in the U.S. This will be the fourth year that A2IM has had a presence at MIDEM, enabling over 90 U.S. independent music companies to showcase themselves at the music industry's most important international conference.

"As founding associate members of A2IM, we are proud to have RoyaltyShare as a sponsor for the third straight year," explained Rich Bengloff, president, A2IM. "Associate members such as RoyaltyShare offer services that are critical to labels, especially as many continue to restructure their businesses to fully leverage digital sales."

Any interested parties are welcome to stop by the A2IM Pavilion and speak with the RoyaltyShare team, or contact the company to schedule a meeting in advance of the show.

About RoyaltyShare

RoyaltyShare is the worldwide leader in Web-based royalty processing and digital content management solutions for the global entertainment industry.

Utilizing an innovative Software-as-a-Service (SaaS) application delivery model, RoyaltyShare provides a suite of on-demand services dedicated to simplifying the increasingly complex digital sales process. Its state-of-the- art system and dedicated 24/7 support team enable music labels, distributors and publishers to accurately manage the entire digital sales process anytime, anywhere. RoyaltyShare's service offerings include the ripping and coding of content, metadata management, storage and delivery of digital content, managing sales and distribution information, calculating royalties and generating Web-accessible royalty reports. RoyaltyShare's web-based solution supports the management of content sold through digital, physical, subscription, mobile and other channels. For more information, please visit http://www.royaltyshare.com/.

About A2IM

A2IM launched in June 2005 to represent the needs of the Independent music label community. In 2007 Independent music labels' market share increased to over 31% of SoundScan industry sales and over 37% of SoundScan digital sales as Independent's share of the industry continued to grow. Currently, the organization counts over 225 music label members and 100 associate members, who don't own masters but rely upon, provide services for, or otherwise support Independent music labels.

A2IM serves the Independent music community as a unified voice representing a sector that comprises over 30% of the music industry's market share in the U.S. The organization represents the Independents' interests in the marketplace, in the media, on Capitol Hill, and as part of the global music community. A2IM is headquartered in New York City. The organization's board of directors is comprised of the following: Concord Music Group President Glen Barros; The Beggars Group CEO Lesley Bleakley; Alligator Records Founder & President Bruce Iglauer; Roadrunner Records Executive Vice President Douglas Keogh; Bar/None owner Glenn Morrow; Lookout Records co-owner Molly Neuman; Tommy Boy Records Entertainment founder and CEO Tom Silverman; Amaechi Uzoigwe A2IM Board Chair and co-founder Definitive Jux. More information can be found at http://www.a2im.org/

RoyaltyShare Media Contact:
Michael Kelly
Nadel Phelan, Inc.
831-440-2403
Michael@Nadelphelan.com

A2IM Media Contact:
Nick Baily & Chris Chafin
Shore Fire Media
718-522-7171

Source: RoyaltyShare, Inc.

CONTACT: Media, Michael Kelly of Nadel Phelan, Inc., +1-831-440-2403,
Michael@Nadelphelan.com, for RoyaltyShare; or Media, Nick Baily or Chris
Chafin, both of Shore Fire Media, +1-718-522-7171, for A2IM

Web site: http://www.royaltyshare.com/
http://www.a2im.org/


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