Leading Royalty Processing Service Names Digital Music Industry Veteran to
Guide Worldwide Customer Growth
SAN DIEGO, May 7 /PRNewswire/ -- RoyaltyShare, a premier provider of
digital royalty solutions to the entertainment industry, today announced
the appointment of Ray Farrell to the position of senior vice president of
Business Development and Label Relations. A twenty-year veteran of the
music industry, Farrell will play an integral role in RoyaltyShare's
domestic and international growth, expanding the company's base of record
label customers. Farrell will be based at the company's forthcoming New
York office and will report to Steve Grady, president and COO of
RoyaltyShare.
Farrell joins RoyaltyShare after seven years with eMusic, where he
served as vice president of content acquisition and is credited with
signing up most of its 2.5 million tracks, licensed from indie labels from
around the world. Managing eMusic's relations with indie trade associations
and forging agreements with labels such as Sun, Concord Jazz, Matador,
Fantasy Records Touch & Go, Koch and Epitaph, Farrell helped to position
eMusic as the leading provider of independent music, second only to iTunes
in total downloads.
Prior to eMusic, Farrell spent ten years with Geffen/DGC Records, where
he handled A&R and marketing duties for several notable acts including
Nirvana, Beck, White Zombie, and Southern Culture On The Skids among
others. His career also includes forming and managing the promotion
department at SST Records as it reached its pinnacle with an incredible
roster, including Black Flag, Sonic Youth, The Minutemen and Husker Du.
Farrell entered the music business as a buyer and manager for independently
owned record stores and later worked as catalog manager for Rough Trade
U.S. Distribution as it first established itself in the United States.
"Ray Farrell brings a unique set of skills to RoyaltyShare," said Bob
Kohn, Chairman and CEO of RoyaltyShare. "Ray has worked for and closely
with hundreds of record labels around the world and understands the inner
workings of their operations, particularly the challenges they face as they
transition to digital. We are thrilled to welcome him as part of our team."
About RoyaltyShare
RoyaltyShare is the worldwide leader in Web-based royalty processing
and reporting solutions for the global entertainment industry. RoyaltyShare
provides a suite of on-demand services dedicated to simplifying the
increasingly complex and necessary task of managing sales and distribution
information, calculating royalties, and generating Web-accessible royalty
reports. RoyaltyShare's centralized revenue data processing solution
supports digital, physical, subscription, mobile and other sources of
revenue. Its state-of-the-art system and dedicated 24/7 royalty support
team enables music labels, distributors and publishers to accurately manage
royalty reporting obligations anytime, anywhere. For more information,
please visit http://www.royaltyshare.com.
RoyaltyShare Contact: Editorial Contact:
Steve Grady Michael Kelly
President, COO Nadel Phelan
(858) 458-1600 ext. 11 (831) 440-2403
steve@royaltyshare.com michael@nadelphelan.com
SOURCE RoyaltyShare
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Related links:
http://www.royaltyshare.com/
CONTACT:
Steve Grady, President, COO of RoyaltyShare,
+1-858-458-1600, ext. 11, steve@royaltyshare.com; or editorial,
Michael Kelly of Nadel Phelan, +1-831-440-2403,
michael@nadelphelan.com
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