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Business News Digital
CueSongs wins Technology Strategy Board grant
By Andy Malt | Published on Monday 17 March 2014
CueSongs, the “one-stop music licensing hub” launched by Ed Averdieck and Peter Gabriel, has won a grant from the Technology Strategy Board worth over £500,000 to develop “frictionless music licensing for online broadcast”.
Explaining this, Averdieck said: “This prestigious grant is a great vote of confidence in our plan to innovate in the new online broadcast market which has so much potential for the music industry. These ‘made for online only’ productions have developed into a vibrant new broadcast sector and yet a common complaint from the creator community is that they don’t know where or how to license high quality music for their productions”.
He went on: “We have now gained important support in our quest to enable content creators to license music in a frictionless way from an online catalogue, that includes some of the world most respected artists and songwriters, whilst ensuring that those artists and rightsholders are fairly compensated”.
The company will launch its new CuePro online rights management system on 1 Apr.
