Mogul Tracks $1.5B in Music Royalties, Raises $5M in Funding

Mogul, a platform that helps artists track royalties and value their catalogs, has made significant strides in the music industry. According to a recent report, Mogul has tracked $1.5 billion in music royalties, a testament to the platform's growing influence.

The company has also secured $5 million in funding, led by the Yamaha Music Innovations Fund. This investment will enable Mogul to further develop its platform and expand its reach in the music industry.

Mogul's platform allows artists to track their royalties and value their catalogs, providing them with a more accurate understanding of their financial situation. This information can be used to make informed decisions about their music career, such as negotiating better deals with record labels or managers.

The company's success is a reflection of the growing importance of music royalties in the industry. As streaming services continue to dominate the music landscape, artists are increasingly seeking ways to maximize their earnings. Mogul's platform provides a valuable service to artists, helping them to navigate the complex world of music royalties.

The $1.5 billion in tracked royalties is a significant milestone for Mogul, and the company's $5 million funding round will enable it to continue growing and expanding its platform. As the music industry continues to evolve, Mogul is well-positioned to play a key role in helping artists to succeed.

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[2] Mogul says it has tracked $1.5B in music royalties, raised $5M in funding