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RoyaltyShare, the web-based royalty processing service, has gained an additional $4 million in its Series B funding from Bertelsmann Digital Media Investments and Trident Capital. With this addition, the total amount of funding that RoyaltyShare has received amounts to $9 million.
With RoyaltyShare's focus on the changing face of digital media distribution and Internet culture, RoyaltyShare offers services to allow you to manage your distribution partners that all deliver separate reports in different formats. It works with mobile, web, and physical distribution, offering a centralized way in which to handle the business of making money with the promotion of your content.
RoyaltyShare also aims to help you evaluate your multiple channels for distribution in order to optimize each, experiment with new pricing models, and better manage more data in one place. If it helps artists market more directly with consumers across the different platforms, then it could become a viable option for those looking to follow in Radiohead's footsteps.