Downtown Music Publishing Expands Agreement With YouTube For Performance Rights
April 12, 2016 at 12:16 PM (PT)
DOWNTOWN MUSIC PUBLISHING has expanded its licensing agreement with YOUTUBE to include performance rights for music streamed on the video platform. By including performance rights, the new deal expands the breadth of rights licensed to YOUTUBE and facilitates more streamlined payments from DOWNTOWN to its songwriter clients.
DOWNTOWN and YOUTUBE have been partners for the past three years, working together to license reproduction rights for DOWNTOWN's songwriter clients. The new licensing agreement deepens DOWNTOWN's relationship with YOUTUBE by including a grant for public performance royalties formerly paid through performing rights organizations.
With a quarter of its staff dedicated to the development and implementation of new technologies in the rights management value chain, DOWNTOWN has worked in collaboration with select digital providers in an effort to facilitate improved methods of ensuring fair and equitable payment to songwriters. Through joint efforts with YOUTUBE, DOWNTOWN has reached another step in its continued investment in content management systems and their dedication to collaborating with both songwriter and licensing partners.
"Certain methods of royalty collection have been in place for over 100 years and may need to be reconsidered," DOWNTOWN VP/Business Affairs & Operation ANDREW SPARKLER said. "This broader licensing arrangement, which includes performance income, provides our songwriters with reduced administrative fees, expedited payments and more robust usage and royalty data. We are excited to collaborate with a platform like YOUTUBE, who is also invested in rights management, transparency, accuracy and precision in licensing. "
YOUTUBE Head Of U.S. Music Publishing ANJALI SOUTHWARD added: "DOWNTOWN MUSIC PUBLISHING has been a trusted, forward-looking partner for many years. Their ability to provide YOUTUBE with up-to-date accurate repertoire ownership information is a key component of our partnership. We look forward to continuing our work together and supporting innovative ways to connect songwriters and content providers."