Home Music Business Sony Partners With Lyric Financial for Royalty Advances

Sony Partners With Lyric Financial for Royalty Advances

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Sony/ATV Music Publishing Partners With Lyric Financial

Sony/ATV Music Publishing is partnering with financial services company Lyric Financial to allow songwriters and publishers in the United States to request royalty advances quickly.

The company added a new Lyric vATM feature inside their portal for songwriters and publishers.

HypeBot reports

…the portal’s new SCORE CARD sets out in graphical form, songwriters’ earnings by territory with a top-view summary by income type, song and source for both current period and historical periods.

The vATM was developed by Lyric Financial Founder and Chief Executive Eli Ball to give creatives the option to access their current and projected royalties.

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