OpenPlay and Trolley Partner to Enhance Royalty Payment Processing

Catalog management platform and business engine OpenPlay has announced a new collaboration with Trolley, the end-to-end payouts platform for the internet economy.

The details:

• Trolley will be integrated into OpenPlay Reach, OpenPlay’s recently launched service that supports end-to-end delivery, distribution, management and monetization of music and video assets.

• OpenPlay will utilize Trolley as their financial compliance royalty payments providers, enabling fast and secure transactions.

• OpenPlay Reach clients and users will also receive built-in features such as tax forms management, risk mitigation and fraud prevention.

• Trolley processes billions in payments annually for over five million payees across 210 countries.

• Its infrastructure simplifies the complexity of global, multi-territory royalty payments enabling accurate, on-time payouts to artists and other rightsholders at scale.

What they said:

• Edward Ginis, Co-Founder and Chief Client Officer of OpenPlay: “We are proud to bring Trolley into the OpenPlay Reach suite, providing music companies with trusted, flexible tools to manage payouts with precision and autonomy, regardless of their size or type of ownership.”

• Tim Nixon, CEO and Founder of Trolley: “Together, we’re empowering music labels and artists with financial transparency and seamless, artist-level payouts so that creators everywhere can thrive.”