Songtradr announced today a long-term partnership with Milamber Ventures PLC to establish essential business development and territorial expansion of Songtradr in the UK. This partnership with Milamber Ventures PLC expands Songtradr’s presence to a key market where commercial music licensing is a highly fragmented industry for European based brands, filmmakers and advertising agencies. The focus will be on sales, marketing and content acquisition.
SoundExchange today announced that it has acquired the Canadian Musical Reproduction Rights Agency Ltd. (CMRRA), a music licensing collective representing the vast majority of songs recorded, sold and broadcast in Canada on behalf of music publishers. The move is a dramatic development for the global music industry and represents SoundExchange’s first expansion into the collective management of music publishing rights.
This transaction will allow the expanded organization to service an enormous cross section of Anglo-American sound recordings and music publishing repertoire. The acquisition will provide SoundExchange a unique opportunity to offer a broad and comprehensive range of services to rights holders in both sound recordings and music publishing and music users alike across North America.