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2008.11.10

RoyaltyShare Expands European Team And Services

Royaltyshare RoyaltyShare, a provider of digital royalty solutions has announced key executive appointments including Steve Johnston, Asa Palmer and Andrew Hudson to spearhead the company's expansion in Europe.  Additionally, RoyaltyShare has added support for multiple currency transactions.

Steve Johnston will serve as European director of business development...

to expand the label base. Prior to joining RoyaltyShare, Johnston served as key account manager with the MCPS-PRS Alliance where he negotiated pan-European licenses for EMI, PRS and the GEMA publishing.

Asa Palmer has been promoted to director of UK operations.  Prior to acquisition by RoyaltyShare, Asa served as director of marketing for Musicalc, and will continue as general manager of the Musicalc product line. Chris Palmer, architect of Musicalc software, will remains director of product management for Europe.

Andrew Hudson will coordinate support for European clients as director of client services.  Hudson was a senior product specialist for Counterpoint Systems, a supplier of royalty administration software.

"Each of these executives brings unique skills and valuable knowledge that will be essential as we expand RoyaltyShare's European presence," said Bob Kohn, Chairman and CEO of RoyaltyShare. "They have worked closely with record labels around the world and are quite familiar with the inner workings of the music industry. With our new executives and recently announced support for multiple currencies, we look forward to significantly expanding our European operations."

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