Streamlining music royalty management for independent artists and labels
Managing music royalties is a complex and time-consuming process for independent artists and labels. A startup could develop a platform that simplifies royalty management, automates calculations, and provides detailed analytics, freeing up artists' time to focus on their craft. Market size: According to a report by Technavio, the global music royalties market is expected to reach $10.48 billion by 2024, with a CAGR of 6% during the forecast period.