Independent music distributor Symphonic has partnered with Songtrust to expand its publishing services. Songtrust represents more than 150,000 songwriters and more than 20,000 publishers.
The new partnership will benefit Symphonic clients who choose their Publishing Administration service which charges 15% of the publisher's share of royalties.
"Symphonic is the premier boutique distribution, marketing and creative services option for savvy and sophisticated artists," said Songtrust's Global Head of Business Development Molly Neuman, "Songtrust is deeply committed to helping creative businesses assist their clients in accessing what clients are due via our global publishing administration network. We couldn't be more excited to begin our collaboration with Symphonic and grow this opportunity together."
"Songtrust has built what I believe to be the most reliable publishing administration and global music royalty collection service out there," said Symphonic's Jorge Brea. "By partnering with Songtrust, we've elevated our offering and ensured that all our clients have access to a best-in-class partner for this crucial aspect to running their businesses. I am thrilled to work with the Songtrust team and I am excited about the future!"