Downtown Music Holdings-owned Songtrust and the Irish Music Rights Organisation (IMRO) have entered into a global partnership.
The deal will enable songwriters from around the world to use Songtrust’s cloud-based music publishing platform to affiliate directly with IMRO at no additional cost to collect their royalties due from public performances of their works.
IMRO does not apply any administration fees to royalties earned by its members from international performances of their works.
Royalties are calculated in Euros, and any international royalties collected in Euros in the Eurozone territories are not subject to any currency conversion commission.
“We are very excited to partner with IMRO to help make the music publishing industry more accessible.”
Dewayne Ector, Songtrust
Songtrust clients not currently affiliated with a Performing Rights Society (PRO) or Collective Management Organization (CMO) can use the Songtrust platform to affiliate directly with IMRO regardless of where they reside as non-Irish citizens are eligible.
All that is required is songwriters complete an online form and IMRO membership agreement as part of the Songtrust application process, and share a verifiable photo ID.
Songtrust currently offers direct affiliation to ASCAP, BMI for US writers and SOCAN for Canadian and non-US writers.
“We are very excited to partner with IMRO to help make the music publishing industry more accessible,” said Dewayne Ector, Head of Society Relations, Songtrust.
“With the industry more global than ever, providing a streamlined, simplified and transparent approach to collecting royalties worldwide is essential to ensuring that all creators are able to continue doing what they do best.”
“At IMRO, we are data-driven, and digital to the core, our focus has always been on innovating to drive efficiencies for our members, affiliates, and partners.”
Victor Finn, IMRO
Victor Finn, Chief Executive, IMRO added: “At IMRO, we are data-driven, and digital to the core, our focus has always been on innovating to drive efficiencies for our members, affiliates, and partners.
“With globally-advanced systems, our services are efficient, effective and secure.
“We are delighted to announce this new global partnership with Songtrust which will streamline royalty collections for songwriters worldwide, adding to our rapidly growing international membership base.”Music Business Worldwide