Much movement in the very wild world of royalty collection yesterday. Belgian based collection society Sabam confirmed it had done a deal with Universal Music which means they will control the major's mechanical licensing for the whole of Europe - a job until now done by London based collections society MCPS. No idea what that means, except that Sabam's annual turnover is likely to double as a result of the deal, and everyone seems to think it's very bad news for poor old MCPS.
May 11, 2004
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1 min read
Sabam win Universal licence
Belgian collecting society Sabam will control Universal Music's mechanical licensing across Europe, a job previously handled by London-based MCPS.