Splice has announced that artists who distribute music via its Splice Sounds sample service have been paid $10m in royalties since it was set up in 2015. The company says it marks a doubling of revenues paid through to artists in less than a year.
Piggybacking on this is the news that the company has also set up the Splice Creator Initiative, a series of programmes aimed at the independent music creator community (covering musicians, sound designers, producers and more). “Splice Creator Initiative will create opportunities for people who already identify as sound creators to further develop their craft and careers, as well as opportunities for musicians who have not pursued sound creation to explore it as a new source of revenue and creative fulfilment,” the company says.
Jonathan Lee, the company’s chief business officer, added, “We are actively developing a new music industry at Splice – one that doesn’t rely solely on the product of finished songs or albums. Individuals who create samples, loops, and other sonic content for other creators to use are a critical part of the song creation process today, and they should have an opportunity to be compensated just like songwriters and performers.” This comes after the company acquired sample labels Capsun ProAudio and Sample Magic.