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Mogul wants to help musicians track unclaimed royalties
The complex world of royalties and rights management is a huge pain point for artists. With the rise in the number of record labels and streaming
The company has raised $1.9 million in seed funding from Wonder Ventures, United Talent Agency, and Amplify.LA, and ex-SoundCloud CEO Kerry Trainor’s Creator Partners. Ponchick —who built SoundCloud’s direct-to-creator subscription plan now known as Next Pro — told TechCrunch over email that after the duo left the company in 2022, they started thinking about the idea of tracking missed royalty income for musicians. With so many platforms an artist has to manage and take care of, a lot slips through the cracks just due to the sheer complexity and opaqueness of the music industry.
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