Warner/Chappel Music Launches P.E.D.L. Initiative
June 2, 2006 at 1:06 PM (PT)
WARNER MUSIC GROUP (WMG) publishing arm WARNER/CHAPPELL MUSIC has launched its PAN-EUROPEAN DIGITAL LICENSING (P.E.D.L.) initiative, an attempt to establish simple, one-stop shopping for digital music services seeking to license WARNER/CHAPPELL's Anglo-American repertoire in multiple EUROPEAN territories.
In making the announcement today, WARNER/CHAPPELL MUSIC Chairman and CEO RICHARD BLACKSTONE stated, "WARNER/CHAPPELL is focused on entering into expanded relationships with those collection societies who will work closely with us to administer our online and mobile rights in a manner which is consistent with agreed guidelines and which allows us to conduct business in the new competitive digital landscape."