Sony/ATV Music Publishing, PRS for Music, GEMA and Solar have extended their agreement for the management of pan-European licences, which cover Sony/ATV and EMI Music Publishing’s Anglo-American repertoire.
Sony/ATV has been managing the EMI catalogue and has now secured European Commission approval for the acquisition.
In a multi-year deal, Solar - a jointly-owned subsidiary of PRS for Music and GEMA - will continue to provide administration for the catalogues in relation to digital services across Europe and other territories.
Administration of the licences will be carried out in partnership with ICE, the joint venture between PRS, GEMA and Swedish society STIM. It is also responsible for the documentation of works in the shared ICE database, which services multi-territory online licences and copyright database solutions for several national collection societies.
Martin Bandier, chairman and CEO, Sony/ATV Music Publishing, said: “I am excited that we have extended our successful relationship with PRS for Music and GEMA and with their Solar joint venture. This will continue to make the licensing of our Anglo-American catalogue across Europe as efficient as possible while ensuring that our songwriters receive first-class administration services in the European digital market.”
Antony Bebawi, EVP digital and society relations international and UK, Sony/ATV, added: “This extension reflects the success of our partnership with PRS for Music and GEMA over many years as well as our close working relationship with Solar and long-term support for ICE. Our work together and that long-term support have allowed the parties to steadily evolve and improve the administration services from which our songwriters now benefit.”
Dr. Till Evert, MD of Solar Music Rights Management, added: “We are pleased that we are extending our successful longstanding cooperation with Sony/ATV Music Publishing. We have been working together for ten years now. Long-term and stable partnerships such as this are rare and of great value in today’s complex and highly dynamic music market. Sony/ATV Music Publishing is an ambitious partner who has time and time again set standards for the music market with its innovative technical solutions. Together with our strong partner ICE, we are ideally positioned to meet the challenges of digital use and licensing of music for the next three years.”
Dr. Harald Heker, CEO of GEMA, said: “I’m delighted that Sony/ATV Music Publishing, the world’s largest and leading music publisher, continues to trust GEMA and PRS for Music. Sony/ATV Music Publishing has an outstanding repertoire, which is in good hands with Solar. Through Solar we have licensing agreements in place with all relevant providers of digital music and ensure that the publisher, as well as their composers, and lyricists are remunerated appropriately for the use of their works.”
Robert Ashcroft, chief executive, PRS for Music, said: “I’m very proud that our successful and long-term partnership with Sony/ATV Music Publishing is set to continue. Our collaboration with GEMA on the Solar initiative is a cutting-edge embodiment of a modern and innovative approach to the administration of digital pan-European licensing.”