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Business News Labels & Publishers
INgrooves launches music publishing service
By Chris Cooke | Published on Monday 22 July 2013
Independent digital distributor INgrooves has announced the launch of a new division providing services on the music publishing side.
In part through a partnership with UK-based Sentric Music, INgrooves’ new publishing platform will enable rights owners to directly register songs with collecting societies worldwide, manage their royalties, and seek sync opportunities. Integrated with the existing INgrooves platform for distributing recordings to digital platforms, the new service will be particularly useful for artists or smaller labels in control of both recording and song rights.
Announcing the new development, INgrooves CEO Robb McDaniels told CMU: “As the retail ecosystem continues to fragment into multiple sources of revenue for our clients, INgrooves is perfectly positioned to leverage our technology platform and global reach to monetise and collect from these various partners that are also paying copyright owners. Many INgrooves artists and label clients control some or all of their publishing rights and have asked us to assist them in administering these rights because much of the data that’s needed to effectively identify and collect monies owed is already handled by our ONE Digital platform. This is a natural evolution for us”.
Meanwhile, confirming his company’s involvement in the new venture, Sentric boss Chris Meehan told CMU: “We’re delighted to provide rights administration and platform services to the INgrooves music publishing team which will allow clients to take advantage of our international direct collection network. Our combined vision for the music rights business, coupled with the synergies between our respective technology platforms, will provide one of the most efficient and advanced music rights services available on the market”.
The new INgrooves division will be headed up by Olivier Chastan, who previously worked for reggae music firms VP Records and Greensleeves. He said: “I’m very excited to be joining INgrooves to launch this new endeavour. I have known Robb and the team for over six years and am confident that we will deliver a world-class platform and service. Being part of INgrooves will allow me to build the modern and technology-driven publishing operation that I have been envisioning for years. I look forward to offering amazing service to existing INgrooves’ clients and all great writers and artists”.
