Royalty software company RoyaltyShare gets backing from Hollywood agency William Morris
RoyaltyShare’s software helps record companies manage sales, distribution, royalty calculations, and reports for online and offline media. It has a strategic investment from Hollywood talent agency William Morris, part of a $9 million second round of funding that Trident Capital and Bertelsmann Digital Media Investments have already participated in.
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About the Author, Eric Eldon
Eric currently covers digital media technology and business news, especially what's happening on social networks and their platforms. He also writes and edits stories about venture capital, and lots of other stuff, too. He started at VentureBeat in the spring of 2007, half a year or so after Matt Marshall left his reporting job at the San Jose Mercury News to found the site. Eric previously cofounded a startup called Writewith, that was building editorial software for newspapers and other groups of writers. The startup didn't work out, but he learned a lot.