Jump to content
  • Sign Up
  • Music Royalty Transparency Platform Mogul Surpasses $100 Million of Tracked Funds


    Ravebot

    rssImage-19545980707af4430283f99267d7f58c.jpeg

    In the music industry, where financial transparency often feels like a mirage, Mogul is emerging as a lifeline for artists seeking clarity in their earned compensation.

    MogulΒ addresses the longstanding problem of financial opacity in the music business by centralizing royalty data across all rights types into a single actionable hub, an effectiveΒ go-to solution for artists aiming to simplify their finances and capture every cent of their earnings.

    According to a press release shared with EDM.com, the platform has now tracked over $100 million in royalties since its debut in early February, a clear sign the company is establishing itself as a promising, transformative force for artists.Β 

    "Surpassing $100 million in tracked royalties so quickly is a clear sign that the industry’s opaque and fragmented nature needs to be remedied," said Mogul CEO Jeff Ponchik. "Artists and their teams receive an ocean of data from each royalty source and have little to no tools at the ready to make sense of how their business is actually working. We’re thrilled Mogul is filling that need for new artists every day so that they can understand their business and generate more income."

    PonchikΒ has an established track record of success when it comes to developing artist-friendly tech tools. The serial entrepreneurΒ famously founded Repost Network, an artist-facing distribution and promotional tool that was later acquired by SoundCloud in a $15 million deal in 2019.

    "I'm excited about what Mogul can do for artists at all levels of the industry," added Aloe Blacc, an early adopter of the platform and frequent collaborator of the late dance music icon Avicii. "To have a system to synthesize all sources of income in a transparent way is transformative tech we all need."

    You can find out more about Mogul via the company's official website.


    User Feedback

    Recommended Comments

    There are no comments to display.



    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.

    Guest
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.


Γ—
Γ—
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.