INgrooves has launched a music publishing division and partnered with Sentric Music - who will provide back-end support to the new service.
INgrooves Music Publishing will provide clients access to an array of music publishing services including direct registration and collection with societies worldwide and a suite of creative services from synchronisation to A&R.
The new unit will be integrated into INgrooves’ web-based Client Console where labels and artists can access information about their catalogue directly, monitoring registrations, collections, royalties and syncs.
“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,” said INgrooves founder and CEO, Robb McDaniels.
“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.”
The new division will be headed by Olivier Chastan, former vice-president of VP Records and president of Greensleeves Records & Publishing.
Chris Meehan, CEO of Sentric Music, commented: “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.”