MI2N
Music Industry News Network
SATURDAY, JUNE 24TH
Advanced Search
MusicDish Advertising Network
HOME | FREE NEWS SUBMISSION | PREMIUM PR DISTRIBUTION | PR COPYWRITING | RSS FEEDS | TESTIMONIALS | CONTACT

Sections: Band | Business | Career | Events | Label | Music Releases | Radio | Tech | Video | Web Events
Genres: Country/Folk | Dance/Electronica | Jazz/Blues | Latin | Rock | Urban | World
International: Asia | Canada | Europe

Advertise | Artist Development | Submit Video | MusicDish*China | MusicDish e-Journal | MusicDish Network | Urban Music News Network
Business News (more headlines) 01-02-2016

PRS For Music And SoundCloud Reach A Multi-Territory Licensing Agreement Ending Legal Proceedings

Bookmark and Share

PRS for Music and SoundCloud announce that they have reached an agreement for a multi-territory licence to cover the service.

The licence covers the use of PRS for Music repertoire since SoundCloud's launch and further supports SoundCloud in its plans to introduce subscription and advertising across Europe in 2016, meaning that creators can start to make money from their tracks.

Both PRS for Music and SoundCloud have been clear in their preference for a negotiated agreement over extended litigation, and their shared interest in supporting creators.

The agreement will allow PRS for Music's members to receive royalties when their works are used by SoundCloud and accelerate SoundCloud's development for the benefit of all creators who use the service, by:

* Ensuring fair value for the use of PRS for Music repertoire on SoundCloud.
* Paving the way for new SoundCloud services and functionality across Europe in 2016.
* Bringing both organisations together to work on ways to further increase the value of SoundCloud to creators, and improving metadata and the identification of repertoire for royalty distribution.
* Bringing to an end the legal proceedings brought by PRS for Music in August.

Robert Ashcroft, Chief Executive of PRS for Music said: "On behalf of our members, I am pleased that we have been able to reach a settlement with SoundCloud without extended legal proceedings. This ends over five years of discussions on the licensing requirements for the platform, resulting in a licence under which our members are fairly rewarded for the use of their music. The safe harbours in current legislation still present ambiguity, and obstruct the efficient licensing of online services, but our agreement with SoundCloud is a step in the right direction towards a more level playing field for the online marketplace." He adds: "Many of our members love the SoundCloud service and I greatly appreciate their management's willingness to work with us in the way they have".

Alexander Ljung, founder and CEO of SoundCloud, said: "SoundCloud is a platform by creators, for creators; we're working hard to create a platform where all creators can be paid for their work, and already have deals in place with thousands of copyright owners. PRS for Music is also fully committed to creators, and we're pleased to have reached an agreement that will expand revenue opportunities, improve the accuracy of royalty distributions, and launch new services for our 175 million monthly active listeners on SoundCloud in 2016."

Bookmark and Share

back | top



MusicDish Advertising Network

Mi2N Music PR

First Acts For ADE LIVE Announced: Hercules & Love Affair, Fatima Yamaha, Anna Of The North, Phlake, Vessels And More

Gospel Blues Singer/Songwriter, Kimberlee M. Leber, Reveals How To 'Fight The Good Fight Of Faith' In Her New Music Video

IndieNinja, An Artist Services Marketplace, Launches At A2IM Indie Week In NYC

Houston-Based Rapper Vile Intentionz And Guitar Instrumentalist Seismic Anamoly Release Their Latest Thought-Provoking Single "Solidz N Stripez"

'Where Is Your Heart?' From Award-Winning Album 'Pop' Released By NYC-Based Young Pals Music

Baserock Launches Immersive Bass-Frequency Backpack

GrooveShine New Album - So Cal Acoustic Funk Reggae & Instrumentals



MusicDish*China Song Blast
Promote Your Music Single In China

News Headlines
Mi2N EDITOR'S PICKS
» Merlin Member Survey 2017
» Baserock Launches Immersive Bass-Frequency Backpack
» Killer Tracks Launches GUM Tapes
» MusicDish Review: Kenn Rowell Music Video "It's Good To Be Back"
» Edison Research: Broadcast Radio Controls More Than Three-Fifths Of Canadian Listening
» China Music Licensing Pioneer Mathew Daniel Moves To NetEase Cloud Music
» IndieNinja, An Artist Services Marketplace, Launches At A2IM Indie Week In NYC
» THE BIRTHPLACE OF COUNTRY MUSIC KICKS OFF A SUMMER OF PERFORMANCES, CAMPS AND WORKSHOPS
» Suzann Christine's New Single "Dope Queen"
» Legendary Musician Proud To Be Named New Animals Asia Ambassador


Get your music news covered...
Have your press release written
by the pros at Mi2N

Articles
MUSICDISH E-JOURNAL
» MusicDish Music Releases In China: SLC, HearIM, Tom Ricci, Voodoo Swing
» ASCAP And YouTube Reach Multi-Year Agreement For US Performance Rights
» Supreme Court Rules Unanimously In Favor Of The Slants
» Longtail Music Provides An Alternative To The On-Demand Algorithm
» Magna Entertainment Invests In Rock Icon Label Loud & Proud Records
» Analysis Of Merlin's Revenue Distributions
» Rockwood Music Hall First Virtualized Venue To Livestream Concerts In VR
» Vivid Seats Reveals Summer Concert Pricing Preview
» Nick Brodeur Wins Studio Package From ReverbNation
» The Changing Face Of China's Music Market
» China Music Licensing Pioneer Mathew Daniel Moves To NetEase Cloud Music
» MusicDish Music Video Review: "CPR (Start Again)" By Metaract

Mi2N's Music PR distribution service guarantees online exposure for your press release. Choose from seven (7) different packages.


HOME | FREE NEWS SUBMISSION | PREMIUM PR DISTRIBUTION | PR COPYWRITING | RSS FEEDS | TESTIMONIALS | CONTACT

Sections: Band | Business | Career | Events | Label | Music Releases | Radio | Tech | Video | Web Events
Genres: Country/Folk | Dance/Electronica | Jazz/Blues | Latin | Rock | Urban | World
International: Asia | Canada | Europe

Advertise | Artist Development | Submit Video | MusicDish*China | MusicDish e-Journal | MusicDish Network | Urban Music News Network
Copyright © 1997-2017 MusicDish LLC, all rights reserved. Text, graphics, and HTML code are protected by US and International Copyright Laws, and may not be copied, reprinted, published, translated, hosted, or otherwise distributed by any means without explicit permission.