, a royalty administration company specifically for creators of spoken word copyrights.
Spoken Giants represents underlying composition copyrights and its revenue is based on a percentage of what it collects. For members, this is an additive income stream, supplemental to revenue already earned from performance rights group SoundExchange for sound recordings. Members retain all rights to their work and also get access to data, analytics, market knowledge, copyrights administration and repertoire management.
“While copyright law is clear, a dedicated team and detailed technology are needed to pursue underlying composition royalties … especially with the overwhelming rise of podcasting and streaming over the past decade,” he added. “In recent years, spoken word content has become increasingly valuable to the tech platforms that monetize this type of content,” said Muserk CEO Paul Goldman, now a board member of Spoken Giants. “Just like music, if there isn’t a rights organization … you can bet the content owners will not be paid their fair share, if anything at all.”
Source: Entertainment Trends (entertainmenttrends.net)
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