Ditto Music launches new publishing division
Ditto Music launches new publishing division 16 June 2021 - Press release DITTO MUSIC PUBLISHING COMPLETES SERVICE OFFERING TO FULLY EMPOWER INDEPENDENTS
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Ditto Music the award-winning global music distribution and record label services company, has today announced the launch of a brand-new publishing division, Ditto Music Publishing. The new division completes Ditto’s suite of world-class services, which includes distribution and management, fully empowering independent artists and their creative vision without the need for a traditional label deal.
Combining Ditto’s artist-first approach and cutting-edge technology, which has attracted the likes of Chance the Rapper, Ed Sheeran and Sam Smith, Ditto Music Publishing’s accessible platform puts artists and songwriters in control. An accessible service with the reach of a major publisher, users will be able to collect publishing royalties internationally and receive detailed analytics. Ditto Music Publishing has in place extensive deals covering over 150 territories and will be able to collect digital, broadcast and live royalties directly in every country where there are clients.
Helping artists reach even bigger audiences, Ditto will also pitch user’s music for sync opportunities and feed their best tracks to major broadcasters to use under broadcaster blanket licensing agreements with collection societies. Open to Ditto Music’s distribution subscriber clients globally, the service is available for a fixed annual rate of £39 / $49 in addition to a 10% commission on royalties collected and 20% commission on sync placements. In a market first, co-writers will be able to sign up to the service for free.
Ditto Music Publishing is also primed to complement other on-going projects such as the recently launched NFT exchange Opulous, with other initiatives soon to be announced.
The new division will be headed up by Tom Weller who joined Ditto Music in 2020 as Managing Director of Ditto Music Publishing. Prior to Ditto, Weller spent over 15 years working at UK collection societies MCPS and PRS for Music in a wide variety of roles encompassing sync, digital licensing, production music, business development, strategy and finally as Senior Publisher Relationship Manager, responsible for the societies’ operational relationship with Universal Music Publishing, Sony Music Publishing, Warner Chappell and BMG.
Commenting on the launch, Managing Director of Ditto Music Publishing Tom Weller said, ‘The launch of Ditto Music Publishing is a huge step for the company and means we’re close to being able to offer a comprehensive suite of services to our clients. At Ditto we’re proud of the accessibility and simplicity of our platform, and our publishing offering is a continuation of that - it will help demystify a complicated area of the music business and make it easy and cost effective for artists and songwriters to collect all of the royalties they’re due’.
Ditto Music CEO Lee Parsons added, ‘The launch of Ditto Music Publishing means artists and songwriters will have the global reach of a major publisher while retaining complete control of their rights and their creative vision. Tom and the team will help them capitalise on the power of independence so they can reach new audiences, create life-long fans and, most importantly, make sure they get paid.’
Source Ditto Music
June 16, 2021 12:00am ET by Pressparty