The data room for recording contracts, catalog sales and unreleased work
Share contracts, split sheets, royalty statements and unreleased tracks with managers, lawyers, labels and buyers. Everyone views in the browser and signs in the same place, and you see exactly who opened what. Per-viewer watermarks trace a leak, and you can revoke access the moment a deal ends.
No credit card · 7-day Data Room trial that never auto-charges · labels, lawyers and buyers view free, no account · 24/7 support
8,000+ customers in 60+ countries · $44.7B in client assets
Peony staff can't open your documents, your documents aren't used to train AI, and Peony has had no data breach since launch.
What is Peony for artists and musicians, and who is it for?
Peony is a virtual data room that artists, musicians, managers and rights owners use to share and sign contracts, run music catalog sales and send unreleased work to the people who need to hear or see it.
- Sign the deal: send recording, publishing, management and licensing agreements for e-signature, and keep the signed PDF and audit log in one place.
- Sell or finance a catalog: give each buyer or lender its own NDA-gated view of royalty statements, registrations and chain of title.
- Share unreleased work: stream tracks, videos and artwork as view-only files, and see who opened each one.
Peony at a glance
- Built for
- Recording artists, songwriters, producers, visual artists, managers, labels, publishers and catalog buyers
- Typical plan
- Data Room, $52 per admin per month billed yearly ($75 monthly): unlimited rooms, documents and storage, a signed NDA with audit record, dynamic watermarks, granular folder and file permissions, Visitor Q&A, a custom domain, AI room generation and Index documents.
- Pricing
- Business $30, Data Room $52 and Deal Team $64 (minimum 4 admins) per admin per month billed yearly ($44, $75 and $89 monthly); Enterprise is custom. Free ($0) covers 50 documents and 500 MB as tracked single-file links; data rooms start on Business.
- Labels, lawyers and buyers
- Labels, lawyers and buyers are unlimited and free on every plan and don't need a Peony account. You pay per admin, not per viewer.
- Rooms and storage
- Unlimited data rooms, documents and storage on Data Room and above, and no per-file size cap on any plan. Business includes 3 data rooms per admin, 1,000 documents per admin and 100 GB of storage, with no per-file size cap.
- Audio and video
- WAV, MP3, FLAC and MP4 files play in the browser with downloads off. Audio and video uploads start on Business.
- Signatures
- Built-in e-signatures with a timestamp, IP address and audit log on every signature. Signers need no account.
- Security
- AES-256 at rest, TLS 1.2+ in transit. Peony staff can't open your documents, your documents aren't used to train AI, and Peony has had no data breach since launch. Peony's incident-response policy commits to telling affected customers within 72 hours of confirming an incident that affects customer data. SOC 2 Type II-ready and ISO 27001-ready, with both audits underway. Compliance and certifications
- Setup
- Median 4 min 19 s from sign-up to first uploaded document (State of M&A Data Rooms, Q3 2026 edition).
- Trial
- 7-day Data Room trial you start yourself: no credit card, and it never auto-charges. Rooms, files, links, analytics and NDA settings carry over when you upgrade. AI features switch on after you upgrade.
- Support
- 24/7 support, handled directly by the Peony team across Europe, US and Asia hours, with no outsourced tier. Everyone you speak to on Peony support has M&A experience at elite boutiques or bulge-bracket banks, VC experience, or has raised $1M+ themselves.
- Customers
- 8,000+ teams in 60+ countries, with $44.7B in client assets.
Why do artists and managers need a data room?
An artist's value sits in contracts, rights and unreleased work, and all three are usually shared by email and shared drives that keep no record of who saw them.
Unreleased work leaks from a shared folder
A private streaming link or a shared drive folder gets passed along, and nothing shows who passed it. By release day the track, the artwork or the video is already out.
Contracts live in email
Recording, publishing and management agreements go back and forth as attachments. Months later nobody is sure which version was signed or who holds the executed copy.
Catalog buyers want years of paperwork
A catalog sale or royalty advance turns on royalty statements, registrations, splits and chain of title. Buyers ask for all of it, and each bidder has to be kept apart from the others.
Splits and credits get disputed
When a song earns money, undocumented splits become arguments. A signed split sheet filed where every writer can see it settles the question before it starts.
What do artists, managers and rights owners use Peony for?
Six jobs, from the first signed agreement to the sale of a catalog.
Send contracts for signature
Upload a recording, publishing, management or licensing agreement, place fields for each party and send it. Each person signs in the browser without an account.
See e-signaturesRun a catalog sale or royalty financing
Give each buyer or lender its own NDA-gated view of royalty statements, registrations and agreements, keep bidders apart, and see which statements each one studies.
See due diligence data roomsShare unreleased tracks and videos
Stream masters, demos and videos in the browser with downloads off, limit each link to named listeners, and set it to expire after the listening session.
See supported file formatsKeep split sheets and registrations together
File signed split sheets, performing-rights and publishing registrations and song metadata where every writer and manager can see the current version.
See data roomsLicense music, artwork or a name
Put an NDA in front of a sync, brand or gallery deal, send each licensee its own link, and see who read the terms before you follow up.
See NDA gatingPitch labels and investors
Send your deck, streaming data and touring history through a tracked link, and see which pages each label or investor read.
See fundraising data roomsWhat goes in a music catalog data room?
A music catalog data room holds the evidence a buyer or lender needs to value future royalties and confirm who owns what. Buyers usually ask for several years of royalty statements, the agreements behind each income stream and proof of ownership for every song and recording. The table shows the usual folders, what each holds and the control that matters. For the wider process, see IP due diligence.
| Folder | What it holds | Control that matters |
|---|---|---|
| Royalty statements | Label, publisher, performing-rights and distributor statements, usually for several years | Per-buyer access and page analytics |
| Agreements | Recording, publishing, administration, producer and sync license agreements | Signed NDA before entry |
| Chain of title | Copyright registrations, assignments, split sheets and work-for-hire agreements | Per-viewer watermarks |
| Catalog schedule | Song and recording list with ISRC and ISWC codes, writers and ownership shares | View-only spreadsheet |
| Claims and encumbrances | Unrecouped balances, liens, audits, disputes and reversion or termination rights | Folder-level permissions |
| Masters and assets | Audio masters, artwork and videos | Streaming with downloads off |
Which Peony plan does an artist or manager need?
Most artists and managers start on Business for unlimited e-signatures, audio and video uploads and view-only sharing. A catalog sale or financing needs Data Room for watermarks, signed NDAs and per-buyer permissions. Viewers are always free, so labels, lawyers and buyers never need a seat. See all pricing.
| Control | Starts on |
|---|---|
| Unlimited e-signatures | Business, $30/admin/month |
| Audio and video upload | Business, $30/admin/month |
| Allow list, screenshot protection and download prevention | Business, $30/admin/month |
| Dynamic watermarks on pages, images and video | Data Room, $52/admin/month |
| Signed NDA with a PDF for both parties | Data Room, $52/admin/month |
| Per-buyer permissions and unlimited storage | Data Room, $52/admin/month |
| Advanced Q&A for a competitive catalog sale | Deal Team, $64/admin/month, 4-admin minimum |
Frequently asked questions
What is Peony, and is it a good fit for artists, musicians and their managers?
Yes. Peony is a virtual data room that artists, musicians and their managers use to share contracts under NDA, sign agreements in the room and see who opened each file. Data Room, the most popular plan, is $52 per admin per month billed yearly ($75 monthly), with unlimited rooms and storage; inviting labels and buyers is free and unlimited.
How do I send a recording contract or management agreement for signature?
Upload the agreement as a PDF or Word file, add each signer, drag their signature fields onto the page and send. Each person gets a secure link and signs in the browser without creating an account. Peony records a timestamp and IP address for every signature and keeps the signed PDF with its audit log. Free includes 3 e-signatures a month, and Business ($30/admin/month) makes them unlimited.
How can I share unreleased music without it leaking?
Upload the tracks and share a view-only link limited to named listeners. Files play in the browser with downloads off, each listener verifies their email first, and the link can expire after the listening session. Analytics show who opened each track and when, and you can revoke access at any time. Audio uploads start on Business ($30/admin/month), and WAV, MP3, FLAC and M4A all play in the browser.
We're selling a music catalog. What do buyers expect in the data room?
Buyers expect several years of royalty statements, the recording, publishing and administration agreements behind each income stream, copyright registrations and split sheets, a catalog schedule with ISRC and ISWC codes, and any liens, unrecouped balances or reversion rights. On Data Room ($52/admin/month) each bidder gets its own NDA-gated view with a personal watermark, and page analytics show which statements each bidder studied.
What is a split sheet, and where should it live?
A split sheet is a short signed agreement that records each writer's and producer's share of a song. Without one, royalties can be held up or disputed. In Peony you send the split sheet for e-signature to every contributor, then keep the signed PDF in the song's folder where each writer and manager can see it.
Can a manager run several artists from one Peony account?
Yes. Create a separate room for each artist, with its own contracts, splits and statements, and invite each artist, lawyer or accountant to only their room. Data Room ($52/admin/month) includes unlimited rooms and storage. Pricing is per admin, so the artists and their advisers view for free. Business ($30/admin/month) includes up to 3 rooms per admin.
I'm a visual artist. Can I use Peony for commissions, consignment and licensing agreements?
Yes. Send a commission or consignment agreement for e-signature, share high-resolution images of the work as view-only files with each viewer's identity watermarked across them, and give a gallery or licensee access to only the folder it needs. Peony previews JPG, PNG, TIFF, PSD and AI files in the browser. Watermarks are on Data Room ($52/admin/month), and e-signatures are unlimited from Business ($30/admin/month).
Can a label, publisher or lawyer review documents without a Peony account?
Yes. Viewers open a link in the browser and never need an account or a paid seat. You choose whether they verify their email, sign an NDA first or can download. Peony charges per admin, so sharing with a label's whole A&R and legal team costs nothing extra.
How do I know who has read a contract or opened a track?
Peony's analytics show each viewer, when they opened the file and how long they spent on every page, and this is included on every plan. For audio and video you see who opened each file. A full audit trail of every view is on Data Room ($52/admin/month).
Can I try Peony before I pay?
Yes. Peony's Data Room plan has a 7-day free trial you start yourself, with no credit card, and it never converts to paid on its own. Rooms, files, links, analytics and NDA settings carry over when you upgrade. AI features, such as AI document Q&A and AI room generation, switch on once you're on a paid plan.