RYLTY provides a centralized platform for music rights investors to manage and analyze their catalog and royalty data, enabling them to identify and correct registration errors that lead to lost royalty payments. By streamlining data ingestion and offering error analysis, RYLTY has helped clients recover over $20 million in previously uncollected royalties.
Funding
$410K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Music rights investors often struggle with fragmented royalty data and inaccurate registrations, leading to underpayment and lost revenue. Existing tools are either too generic or designed for other music industry use cases, failing to meet the specific needs of rights investors. Identifying and correcting these errors manually is time-consuming and prone to inaccuracies.
Solution
RYLTY offers a centralized asset management platform tailored for music rights investors, providing tools to store, analyze, and correct ownership and royalty statement data. The platform streamlines data ingestion from various sources, allowing users to track, enrich, and filter their data. RYLTY's error analysis identifies specific registration errors at label, publishing, and PRO/CMO partners, quantifying the potential revenue loss. By correcting these errors, rights owners can increase royalty payments and catalog valuations.
Target Audience
RYLTY is designed for music rights investors of all sizes, from small family offices to multi-billion dollar funds, who need a dedicated platform to manage and optimize their royalty income.
Features
- Centralized portal for managing music assets, including royalty statements and catalog exports
- Automated data ingestion engine to clean and organize ownership and consumption data
- Error analysis tools to identify registration errors and their associated financial impact
- Workflow management for prioritizing and tracking correction efforts
- Reporting and analytics dashboards to monitor royalty payments and catalog performance
- Option to offload error correction to RYLTY's royalty administration team