Welcome to A2IM’s Featured Executive column, where we highlight executives making moves and supporting the growth of the independent community. To submit yourself or a friend for a potential feature, fill out this form.
Damien Morjane has worked tirelessly on behalf of record labels & artists, making sure they have the right tools to navigate an industry that’s growing more complex by the day. The businesses he’s started and the initiatives he’s pushed have put the illuminative power of new technologies to work for the indie community.
Follow Damien on Linkedin, and eddy.app on Instagram and Linkedin.
Visit the eddy.app site here!
How did you get your start in the music industry, and how it
lead to the work you do today?
Motivated by the circumstances of the father of a friend who’d been shorted on his neighbouring rights (and wasn’t getting the money he’s owed), I co-founded Rights’Up, a digital interface that offers musicians and their representatives a plain view of the revenue to which they’re entitled.
The goal was to blow the fog away from a previously nebulous part of the music industry, supply hard facts (and dollars) to artists who desperately need them, and shine some daylight on the notorious fiscal darkness in which musicians operate. Throughout my career, I’ve always been a defender of financial transparency, and an advocate for trust between musicians and their labels.
In 2019, building on Rights’Up’s success, we launched eddy.app, a user-friendly royalty accounting software that is tailored to the needs of indie record labels and artist-run labels. The idea is simple: empower record labels of all sizes by providing them with the needed technology to better manage their royalties.
Committed to dispelling suspicion and complexity, eddy.app is on a mission to foster trust, clarity, and cohesion between record labels and artists. By offering a more comprehensive, consolidated view of their revenue, eddy.app helps labels and artists make better decisions.
Conceptualizing & developing eddy.app has been incredibly rewarding (yet challenging!). Only three years in, the feedback we’ve gathered from our users only reinforces the realization that a solution like eddy.app was, in fact, very much needed. It’s been really great connecting with indie labels from all over the world and seeing how the software has made a huge difference in their day-to-day operations.
We recently launched our new Seamless Payouts feature, which probably is one of the biggest product updates we’ve done so far. The feature allows labels to automate the whole invoicing and payment process – eddy.app validates payees’ billing and payment data and generates invoices automatically when new royalty statements are ready.
And the cherry on top: we’ve teamed up with Wise to make the payment process as seamless as can be. Users are able to trigger Wise payments in bulk directly via eddy.app, in just a few clicks.
Other areas of expertise include Basil Smash cocktail-making and campfire maintenance.
We haven’t officially announced this yet but here’s some exclusive news for you – 2022 will be the year eddy.app and Rights’Up integrate into one platform. A bit of a one-stop-shop for royalties, if you like. Stay tuned!
Do you or someone you know fit the bill? Submit an executive here.