This week’s A&R Worldwide Newsletter included the news from LyricFind announcing their deal with Monetunes.
LyricFind has struck a new deal with global music royalty administration platform Monetunes, allowing rightsholders whose works are administered by Monetunes to earn royalties from lyric usage across digital platforms. Under the agreement, LyricFind will license lyrics to services including Google, TikTok, Amazon Music, YouTube Music, Deezer and Qobuz, while tracking usage and providing reporting to support royalty distribution.
– A&R Worldwide