🚨ICYMI🚨 Sync revenues are on the decline, according to the Recording Industry Association of America® (RIAA).
📉 According to their latest report, sync was down 10% in the first half of 2024. To put that into perspective, it reported an increase in revenue of 25% and 30% in 2022 and 2023, respectively.
🤔 So, what's going on?
🆘 Yes, the writers' strikes have had an impact, but above all else sync teams today are being weighed down by outdated systems and manual processes.
📈 That's why Synchtank is designed to streamline your processes and bring all your catalog management and monetization needs into a single platform.
Get in touch to learn how we can help you to scale your sync revenue 👉🏻 www.synchtank.com/contact
#synclicensing #musicsync #musiclicensing #musicpublishing #recordlabel #musicindustry
Enterprise Loyalty Sales @ Mastercard
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