British startup Curve Royalty Systems has launched a new ‘enterprise-level royalty processing’ service, which is already being used by independent labels Hospital Records and Cooking Vinyl, among other clients.
The company was co-founded by Richard Leach, former digital sales and strategy director at distributor ADA; Tom Allen, former digital distribution manager at Essential; and Ray Bush, who previously ran the royalties team at Cooking Vinyl and Essential. He also founded The Music Royalty Co. whose client list is being migrated over to the new platform to give it a running start.
“The Curve platform is a best-in-class tool that I believe sets a new bar for clear reporting to labels and artists and alleviate the pressures of timely statements and payments,” said Leach in a statement. “After several years using flawed expensive systems and frustrating support desks, the natural step was to engineer a system to remove all our pain points and help us scale the business,” added Bush.