WordCollections
A global administration system for songwriters, publishers, and authors that removes intermediaries, reduces admin fees, and pays stakeholders more money faster.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
* | $5.0m | Early VC | |
| Total Funding | 000k | ||
WordCollections is a global publishing administration platform founded in 2020 by Jeff Price, the innovator behind TuneCore and Audiam. The company operates in the music and publishing industry, serving songwriters, publishers, and authors. WordCollections addresses the inefficiencies and complexities in the traditional royalty collection system, which often results in billions of dollars in unpaid royalties. By eliminating intermediaries and using proprietary technology, WordCollections ensures that clients receive more money, faster. The business model revolves around direct licensing and collection from digital services and collection agencies, thereby reducing administrative fees and increasing transparency. WordCollections makes money by taking a percentage of the royalties collected on behalf of its clients. The platform uses advanced technology and a dedicated team to track all versions of a song, ensuring accurate and complete royalty payments. If discrepancies or missing payments are identified, WordCollections takes corrective action to resolve these issues.
Keywords: royalty collection, music publishing, direct licensing, proprietary technology, Jeff Price, digital services, collection agencies, transparency, efficiency, global administration.