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OpenPlay & Trolley: Faster Royalty Payments - News Directory 3

OpenPlay & Trolley: Faster Royalty Payments

June 17, 2025 Catherine Williams Entertainment
News Context
At a glance
  • OpenPlay, a music catalog management platform, is partnering with Trolley, a payouts platform, to streamline ‍royalty payments‍ for artists.
  • Trolley processes billions in payments annually for more than 5 million payees across 210 countries.
  • Through this integration, OpenPlay will use Trolley as its financial compliance royalty payments provider, enabling secure transactions.
Original source: cirrkus.com

OpenPlay and Trolley are revolutionizing artist royalty payments. This strategic partnership streamlines the payment process, ensuring faster, more secure, and clear transactions for music creators and rights holders. Trolley’s integration into OpenPlay Reach ‍provides⁢ access to advanced features like tax form management and fraud prevention, directly benefiting artists⁢ and labels. This collaboration simplifies the complexities ⁤of ⁢global royalty payments, supporting the autonomous music sector by reducing intermediaries and empowering⁣ creators with⁣ financial autonomy. Through this partnership, OpenPlay ⁢and Trolley are committed to fostering a more efficient and transparent royalty ecosystem. stay informed with News Directory 3 for more developments in⁢ the music industry. Discover what’s next as OpenPlay Reach ‍expands.

Key Points

  • OpenPlay partners with Trolley for royalty payments.
  • Trolley’s platform integrates into OpenPlay Reach.
  • Secure, ‍compliant transactions⁤ for artists.
  • Focus on financial transparency and empowerment.

OpenPlay, Trolley Team Up to Simplify Artist Royalty Payments

⁢ Updated June 17, 2025

OpenPlay, a music catalog management platform, is partnering with Trolley, a payouts platform, to streamline ‍royalty payments‍ for artists. Teh integration will ⁣incorporate Trolley into OpenPlay Reach, a service designed to ‍support royalty management and payouts for music and video assets.

Trolley processes billions in payments annually for more than 5 million payees across 210 countries. Its infrastructure aims to simplify global royalty payments,ensuring accurate and timely payouts to rights holders.

Through this integration, OpenPlay will use Trolley as its financial compliance royalty payments provider, enabling secure transactions. OpenPlay Reach clients will also gain access ⁢to⁣ features such as ⁢tax form management, risk mitigation, and fraud ‍prevention.

Both companies emphasize their⁢ commitment to supporting the ‍music ecosystem, especially the independent sector. They aim⁤ to reduce intermediaries in the royalty process,‍ providing access to payout tools and promoting financial transparency for distributors, labels, and artists.

⁤ “We are proud to bring Trolley into the OpenPlay Reach⁣ suite, providing music companies with trusted, flexible tools to manage payouts with precision and autonomy, nonetheless ⁢of their size or type⁢ of ownership,” said Edward Ginis, co-founder ⁢and chief client officer of OpenPlay.

“Together, we’re empowering ⁤music labels and ‍artists with ⁤financial transparency and seamless, artist-level payouts so that creators everywhere can thrive,” said Tim Nixon, CEO and founder of Trolley.

OpenPlay ⁤Reach, launched in Febuary, aims to provide⁣ labels and publishers with a comprehensive music business engine. It offers a flexible approach to⁢ distributing, tracking, and monetizing music and ⁣videos, giving rights owners control over their asset management.

What’s next

The partnership seeks to further expand OpenPlay ‍Reach’s capabilities, offering more efficient and transparent royalty payment ⁢solutions for the music industry.

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Enterprise, Focus, internet, Music, N+, OpenPlay, partnership, payments, photo, royalty, Streamline, style, Trolley

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