How Splice Became the Hottest Platform on the Beat Market
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Splice: Why the Music Creation Platform Is So Popular
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Traditionally, songwriters have been reluctant to sell their publishing rights, which are often a source of personal pride as well as a revenue stream that can outlive them. That’s changing as the market heats up, tax advantages loom and touring could be stalled for some time, while music catalogs are reconsidered as not just a collection of artistic works but also as a collection of monetary assets and revenue streams, no longer the contents of a singular bag of tricks but rather the many threads of songs, eras and incomes that make up the bag itself.
In the past six months alone, Concord Music Publishing purchased Imagine Dragons’ own shares of its back catalog (while Universal Music Publishing Group retained its portion); Vine Alternative Investments acquired the rights to the 100-plus-song publishing catalog of Sean Douglas, a 37-year-old songwriter-producer whose credits include hits by Demi Lovato and Jason Derulo; 38-year-old songwriter-producer Louis Bell sold the songs