RoyaltyShare, the U.S.-based online royalty processing specialist, triumphed at this year's Popkomm Innovations in Music & Entertainment Award (IMEA) in Berlin.
RoyaltyShare, the U.S.-based online royalty processing specialist, triumphed at this year's Popkomm Innovations in Music & Entertainment Award (IMEA) in Berlin, winning in the category for digital music & marketing innovations, B2B solutions. Norway's PlayMusicMagazine received "special praise" in the same category.
Speaking to Billboard.biz at Popkomm after winning the prestigious prize on Sept. 20, RoyaltyShare chairman/CEO Bob Kohn said that his company was "honored to have received such a distinctive award that underscores out commitment to innovation in everything we do for our customers."
RoyaltyShare was established in 2005 to help labels and copyright owners to manage digital royalty accounting data.
IMEA's judges selected the firm for its Web-based data processing system, which enables artists and companies to gain a transparent overview of their royalties.
As previously reported, RoyaltyShare is planning to expand its operation into Europe next spring.
Meanwhile, London-based Unique Interactive won the Popkomm IMEA in the mobile music & entertainment category.
Popkomm IMEA, now in its third year, acknowledges international companies that have made innovative contributions to the distribution of music and other entertainment content.
The jury was led by Ralph Simon, CEO of U.S.-based Mobilium Group, and IMEA founder Gerd Leonhard.
German DJ Paul van Dyk was patron of this year's prize, which he will present at a ceremony tonight (Sept. 20) in Berlin's E-Werk night club.