Salt Adds Next-Generation VOD Royalty Processing
London, November 26th 2024
Salt, the next-generation music rights and royalties platform, announces the launch of its new Video-on-Demand (VOD) royalty processing capability. Now operational at BumaStemra, this transformative advance empowers societies to navigate the complexities of digital audiovisual streaming with speed, accuracy, and transparency—unlocking one of the most critical revenue streams for music rightsholders in the digital era.
This new capability automates the royalty processing of leading VOD platforms, including Netflix, Apple TV, HBO Max, and Pathé, with next-generation technology that delivers the fastest processing speeds in the industry. Designed for unlimited scale, Salt Royalties automates usage ingestion, enrichment, processing, matching, distribution and reporting. Salt provides highly granular insights and real-time visibility, empowering societies to manage royalties with unmatched precision and clarity.
Salt Match surpasses all previous audiovisual repertoire solutions by ensuring accurate program-to-production and cue-to-work matching. Its unique, user-friendly interface offers customisable control over the automated matching process, leveraging Salt’s powerful Qualified Match capability to set a new standard for transparency in royalty processing. The platform delivers unparalleled accuracy and payment speeds, enabling societies to manage digital audiovisual royalties with confidence and efficiency.
“The launch of Salt Royalties VOD processing is a major step forward for the music industry,” said Salt CEO Doug Imrie. “We are proud to deliver rightsholders a clear view of how their music is being used in VOD services, ensuring that they’ll be able to receive their royalties more accurately, more quickly and more efficiently.”
This latest enhancement to Salt Royalties strengthens its position as the leading solution for modern societies, addressing the complex demands of VOD usage with unrivaled precision and transparency. By empowering societies to streamline royalty management, Salt continues to set the standard for rights and royalties processing in the digital era.