Founded in 2017, Monokrome Music offers artists digital marketing and social media support. It expanded its offering in September with the launch of rightsHUB as a centralised point to store contractual information as well as release metadata, publishing and neighbouring rights data. It has now launched rightsAUDIT, a service aimed at rightholders (artists, labels, managers, songwriters) to help them audit their catalogues. This includes checking the state of rights reversions, staying on top of contract expiry dates and ensuring that tracks are registered with CMOs and PROs around the world, drawing on rightsHUB to do so.
“As each year passes and catalogues grow, the data required by DSPs and other services only increases,” says Lee Morrison, CEO of Monokrome Music. “Managing catalogue data is often the last thing rights-holders actually do. rightsAUDIT is all about them keeping their most valuable commodity in its best condition — after all, those rights equal money. It’s imperative that labels keep full and up to date records of their catalogues. Many are at risk of litigation by acting outside of term; and it’s important to keep up as data requirements constantly change across services.”
The company has also announced the appointment of Sam Taylor, formerly of I Am Pop and TuneCore, as head of commercial partnerships.