CueSongs has entered administration.
The online platform was co-founded in 2010 by digital veteran Ed Averdieck and music's Peter Gabriel, offering pre-cleared music to content creators - particularly YouTubers.
Music Week understands that Richard Lewis and Nigel Morrison of Grant Thornton UK LP were appointed as administrators back in May, with Companies House records showing that the notice was filed last week (June 20).
CueSongs was appointed by MCPS in 2014 to handle sync licensing on behalf of mandated members; towards the end of 2015, it hired a new COO, Luke Vines, as well as promoting Charlotte Seibert to head of licensing with the remit of aiming to maximise revenues from existing catalogue as well as managing licensing enquiries on behalf of MCPS.
SVP Paul Sampson spoke at The Great Escape last month, advocating for the promotional value of YouTube and claiming major content platforms are about to face issues with music clearances.
Music Week has tried to contact CueSongs for comment.
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