Royalty Exchange, an auctions platform that allows creators/artists to sell a portion of their royalties for a lump sum, is reducing the commissions from the sales on their site from 15% to 10% over the next 90 days to directly benefit artists who sell on their platform. Read about it at Music Business Worldwide here.
Additionally, Royalty Exchange is calling on the entire music industry to help artists right now by: (1) cutting the time it takes to pay artists in half, and (2) lowering revenue shares to be more artist-beneficial at this time.
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