This week on Hypebot’s Music Biz Weekly podcast, hosts Michael Brandvold and Jay Gilbert are joined Darryl Ballantyne, the CEO of LyricFind. He shares how to make lyrics a revenue stream and that they are properly licensed.
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LyricFind created a new revenue stream for songwriters and rights holders by paying them royalties each time their lyrics are displayed. The company delivered 5 billion lyrics in 2016 alone via 100 platforms including Google Search, YouTube, Pandora, Apple Music, Shazam and Deezer.