SACEM, UMPG, SoundCloud Strike New Euro Deal
June 2, 2016 at 4:08 AM (PT)
SACEM (FRANCE’s SOCIETY OF AUTHORS, COMPOSERS AND PUBLISHERS OF MUSIC) UNIVERSAL MUSIC PUBLISHING INTERNATIONAL (UMPI) and SOUNDCLOUD have reached an agreement to bring SACEM’S repertoire, and UMPI’s ANLGO-AMERICAN repertoire to SOUNDCLOUD. The new agreement covers 33 territories, and brings SACEM’s members and UMPI’s ANGLO-AMERICAN catalog to SOUNDCLOUD’s ad-supported platform, as well as its new consumer subscription service, SOUNDCLOUD GO.
The agreement was jointly signed by SACEM and UMPI under their DIRECT EUROPEAN ADMINISTRATION AND LICENSING (DEAL) initiative -- a pan-EUROPEAN licensing joint venture which works as a one-stop for UMPI and SACEM repertoire in the region. The new deal ensures authors, composers and publishers receive fair remuneration for the use of their works on SOUNDCLOUD’s platform.
SACEM CEO JEAN-NOEL TRONC said, “This first agreement with SOUNDCLOUD that we have signed before our launch of a new FRENCH consumer subscription service, demonstrates SACEM’s commitment to be highly reactive and to provide the proper remuneration of the creators in the digital environment. We are proud to further develop DEAL, our strategic partnership with UMPI. This agreement now allows authors, composers and publishers a better exposure of their works in all type of music.”
Added UMPG Chairman/CEO JODY GERSON, “UMPI is delighted to have worked with our partner SACEM to conclude this deal, which makes our music widely accessible to EUROPEAN consumers and allows for our songwriters to be properly compensated through SOUNDCLOUD’s platform. It is another example of our commitment to facilitate licensing while protecting the rights of our songwriters and delivering the greatest value.”
SOUNDCLOUD Founder/CEO ALEX LJUNG commented, “We’re thrilled to have reached yet another agreement that will allow us to further our mission to strengthen and grow our unique community of more than 12 million creators - established and emerging - heard each month on SOUNDCLOUD. Our agreement with SACEM and UMPI, which we can add to a growing number of significant arrangements we have completed, allows us to continue to create a place where all creativity can live, while simultaneously ensuring rightsholders’ work is rewarded and respected.”