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AMRA Signs Multi-Territorial Digital Licensing Deal With ole
February 3, 2017 at 4:40 AM (PT)
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AMRA, the digital collections society, has signed a deal today with OLE, an independent rights management company, to license the performing and mechanical rights in certain OLE catalogs to digital music services on a multi-territorial basis outside NORTH AMERICA and other specific countries. The deal will allow OLE and AMRA to, "collaborate on licensing and data acuity in the digital space leveraging their respective proprietary technology platforms."
AMRA CEO TOMAS ERICSSON said, “We are thrilled to have OLE partnering with AMRA. OLE is one of the most innovative music companies out there with a very strong client roster that will now be able to benefit from AMRA’s new centralized collections model. OLE is a technology-driven company that matches our values on transparency, accuracy and speed of accounting and we look forward to working with Robert and his team in the coming years.”
“OLE is pleased to be working with AMRA’s strong platform for the benefit of our clients in the international digital space,” said OLE SVP/Finance & Administration CHRIS GIANSANTE. “Working alongside TOMAS and his team, we’re confident that OLE’s global collections will increase, benefitting our stakeholders in 2017 and beyond."