SAN DIEGO, June 15 /PRNewswire/ --

- Web-based Service Now Offers Complete Support for UK Record Labels to 
Process Royalties Owed to the Mechanical-Copyright Protection Society

RoyaltyShare, a premier provider of technology solutions to the
entertainment industry, today announced that its Digital Advantage service
now features full support for UK Record Labels to process mechanical
royalties owed to the Mechanical-Copyright Protection Society (MCPS). With
the addition of MCPS reporting, the Digital Advantage service now supports
all of a UK label's royalty reporting needs while providing detailed
analytics to support their business.

As the primary royalty collection society in the UK, MCPS, a component of
PRS for Music in the UK, collects and pays mechanical royalties to its music
publisher and songwriter members whenever one of their recordings is
reproduced onto any format and distributed to the public, performed or played
in public, broadcast or made available online. UK-based record labels are
responsible for reporting mechanical royalties to MCPS through statements
that identify the number of physical units sold over a specific period.

"By creating an automated process for reporting mechanical royalties to
MCPS, RoyaltyShare is continuing to simplify royalty accounting for record
labels in the UK," said Paul Clements, MCPS Director of Licensing. "We look
forward to working with RoyaltyShare to enable the streamlined processing and
payment of mechanical royalties for our members."

RoyaltyShare Digital Advantage is an industry-first service for
aggregating and monitoring a record label's sales data and calculating the
royalties owed to artists, songwriters and music publishers. The offering
enables record labels and music distributors to consolidate, manage and
interpret royalty data from digital, physical and video revenue streams. The
service utilizes specially designed software that enables the easy import of
sales data from all the major digital distribution retailers such as iTunes,
Napster, eMusic, Rhapsody and many others. After uploading their data files
into the Digital Advantage server with a standard Web-browser interface,
customers can rely on the RoyaltyShare team to handle all aspects of
collecting, managing and consolidating both artist and mechanical royalties.

"Record labels need state of the art royalty processing solutions to keep
up with the constant advances in distribution, while maintaining fair and
equitable royalty accounting for all stakeholders, artists, and songwriters,"
said RoyaltyShare chairman and CEO Bob Kohn. "By automating the royalty
process, the RoyaltyShare Digital Advantage service now provides our record
label clients in the UK with a comprehensive application to meet all of their
royalty reporting needs."

The RoyaltyShare Digital Advantage service requires no investment in
software, hardware, maintenance or upgrades. With flexible, pay-as-you-go
pricing, RoyaltyShare's Web-based platform consolidates catalog metadata,
licenses, contracts, payees, sales files and royalty statements into an easy
to understand interface that can be accessed from anywhere, at any time.
Built from the ground up to manage the complexities of the digital world, the
Digital Advantage platform automates sales file management from digital
services and provides records labels with unprecedented insight into their
digital business.

About RoyaltyShare

RoyaltyShare is the worldwide leader in web-based royalty processing and
digital content management solutions for the global entertainment industry.
Utilizing an innovative Software-as-a-Service (SaaS) application delivery
model, RoyaltyShare provides a suite of on-demand services dedicated to
simplifying the increasingly complex digital sales process. Its
state-of-the-art system and dedicated 24/7 support team enable music labels,
distributors and publishers to accurately manage the entire digital sales
process anytime, anywhere. RoyaltyShare's service offerings include metadata
management, managing sales and distribution information, calculating
royalties and generating Web-accessible royalty reports. RoyaltyShare's
web-based solution supports the management of content sold through digital,
physical, subscription, mobile and other channels. For more information,
please visit http://www.royaltyshare.com.