Downtown presents Curve Royalty Services for the royalty outsourcing process

Labels, publishers and distributors will be able to outsource some or all of their revenue processing duties as Downtown Music’s newly formed Royalties & Financial Services division announced the launch of Curve Royalty Services on Thursday (June 27).

The move follows Downtown’s acquisition of a royalty processing platform Curve Royalty Systems January 2023 and the launch of the Downtown section, Downtown Royalties & Financial Services, last month. Downtown Royalties is led by Tom Allenfounder of Curve.

The division focuses on three key areas: royal estate processing sponsored by Curve, royal accounting services, and payments.

Curve Royalty Services expands existing offerings to Curve’s global clients. Customers can use the company’s technology for accurate reporting on artists and songwriters, Downtown said in a statement released Thursday (June 27).

Curve platform, used more 1,500 clients including Domino, Epitaph, Mad Decent, Armada, Cloud9, Demon Music again The Great Machinehas been providing transparent reporting and payments since its launch in 2017. Curve processed the ratio 1.7 billion royal lines per month in 2024, and beyond 10 billion royal lines in the first three months of the year.

“This is a logical next step for Curve, leveraging our team’s experience in royalty payments, catalog management, and the Curve platform itself to serve our customers.”

Richard Leach, Curve Royalty Systems

The service is designed to be flexible, allowing clients to choose the level of outsourcing they need. The platform will assist clients who may need assistance with onboarding the Curve platform, specific royalty processes, or full accounting responsibilities. The service has already started its first rollout.

“We are proud to announce this expansion of Curve’s offering, to provide our customers with high-quality royal services. This is the next logical step for Curve, leveraging our team’s expertise in royalties, catalog management, and the Curve platform itself to serve our customers,” it said. Richard LeachManaging Director at Curve Royalty Systems.

“It has always been our goal to make royalties better and easier: now our royalty services team can take over those parts of the process that clients would like to outsource, using Curve’s powerful accounting process software.”

“Royalty accounting is a special type of accounting that takes accuracy and understanding the features of publishing and label agreements.”

Danielle Mignogna, 411 Music Group

Danielle Mignogna, Chief Cooperation Officer at 411 Music The group, added: “Transferring to a new accounting system is not for the faint hearted and Curve has made the transition as easy as possible. Royalty accounting is a special type of accounting that takes accuracy and understanding the features of publishing and label agreements.”

“Curve Royalty Services has made job matching and statement processing easy, painless, and accurate and I can confidently say that the services provided by Curve are top notch.”

Downtown Music has undergone a transformation in recent years, moving from a copyright holder to a service provider for copyright holders. Earlier this month, Downtown partnered with it SymphonyOS offering AI-powered marketing tools at a discount to simplify artists’ marketing efforts. In September 2022, Downtown established a division to manage its global services for artists and songwriters.

Downtown services-focused M&A over the past five years includes acquisitions AVL Digital Groupincluding its portfolio of independent artist services as a distribution platform CD Babyin a $200 millions agreement in 2019.

This was followed by the discovery of A FUGAa B2B tech and services company, in 2020, and Curve in 2023.

Music Business Worldwide