Google announced a multi-year agreement with a lyric service company Monday.
LyricFind, “the world’s leader in legal lyric solutions” according to its website, was founded in 2004 with the purpose of providing access to music lyrics from all around the world.
Google’s search engine will now include a feature in which, after browsing for a specific piece of music, a large section of a song’s lyrics will automatically appear at the top of the page. Multiple stanzas of a song will be clearly outlined along with a link to a full view at the bottom, which will help decrease the time users will spend searching for the official lyrics, according to Billboard Magazine.
LyricFind has compiled licensing agreements from more than 4,000 music publishers, according to its website. With the latest signing, LyricFind expects musicians and producers to make even more money than they already are.
“It should be a significant revenue stream,” Darryl Ballantyne, chief executive and co-founder of LyricFind, told Billboard. “I can’t get into the rates, but we expect it to be millions of dollars generated for publishers and songwriters as a result of this. It’s all based on usage. Royalties are paid based on the number of times a lyric is viewed. The more it’s viewed, the more publishers get paid.”
Other similar companies like Genius (formerly Rap Genius) have been heavily invested in by big names in the music field like Eminem, Nas and Pharrell.
For music enthusiasts, searching for the most authentic lyrics to their favorite songs just got more convenient.
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