LONDON (CelebrityAccess) – ADA, Cooking Vinyl and Essential executives have joined forces to launch a new music accounting platform they’re calling Curve Royalty Systems.
The company was co-founded by Richard Leach, former digital sales and strategy director at distributor ADA; Tom Allen, former digital distribution manager at Essential and founder of digital development consultancy Metable; and Ray Bush, who founded The Music Royalty Co. and previously ran the royalties team at Cooking Vinyl and Essential.
Commenting on the new JV, Leach said: “Over the 15 years I have worked in global distribution of independent labels and artists I have seen time and again how the task of royalty processing can hamstring businesses, damage client relations and burn out staff members. The Curve platform is a best-in-class tool that I believe sets a new bar for clear reporting to labels and artists & alleviate the pressures of timely statements and payments. I am so excited to work with Tom & Ray to bring Curve to market to help the industry thrive in the digital age.”
Added Bush: “After several years using flawed expensive systems and frustrating support desks, the natural step was to engineer a system to remove all our pain points and help us scale the business. Having Curve has completely changed the way our business operates. Fast processing speeds, more client & artist transparency, no system bugs and less staff performing mundane jobs. Curve is the perfect royalty software partner.”
The UK-based platform’s first clients include Hospital Records and publishing division Songs in the Key of Knife, together with Sky TV, Cooking Vinyl Group and The Music Royalty Co.
