Audiam Says Recovered Royalties Account for Large Chunk of Collections in Recent Years

Bob Dylan performs on stage at Barclaycard Presents British Summer Time Hyde Park at Hyde Park on July 12, 2019 in London., which represents over 1.2 million copyrights for music publishing royalty collections, says it has collected over $120 million in the last four years for its clients, which include such songwriters as Bob Dylan, Metallica, Red Hot Chili Peppers, Jimmy Buffet, and Jason Mraz.

"When we launched Audiam we discovered that many compositions were not licensed, the ones that were licensed had non-compliant and inaccurate statements with over 80% of the recordings of a composition not getting paid on, "Audiam CEOsaid in a statement. "We changed that by creating a first of its kind big data analysis and business logic system to display not only how a song is being used and what it earns, but also identify where the holes and lack of payments are.

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