NMPA Finalizes Landmark Licensing Deal with SoundCloud
Washington D.C. -- National Music Publishers' Association President and CEO David Israelite today announced that NMPA has negotiated the terms of a Rights Agreement with SoundCloud for the benefit of NMPA’s independent music publisher members. This Rights Agreement will enable independent publishers and songwriters to receive royalties through the monetization of content that contains their compositions on SoundCloud.
"This agreement ensures that when SoundCloud succeeds financially, so do the songwriters whose content draws so many users to their site," said Israelite. "I am thrilled that we could agree on terms that will benefit both creators and the SoundCloud platform that has brought online music access and creativity to a new level."
SoundCloud, launched in 2008 by Alexander Ljung and Eric Wahlforss, is the leading audio platform that gives users unprecedented access to the world’s largest community of music & audio creators. With its continued ambition to unmute the web, SoundCloud allows everyone to discover original music & audio, connect with each other and share the sounds they hear. In addition, sound creators can use the platform to instantly record, upload and share sounds across the internet, as well as receive detailed stats and feedback from the SoundCloud community. For more information, go to: http://soundcloud.com/
About the NMPA:
Founded in 1917, the National Music Publishers’ Association (NMPA) is the trade association representing all American music publishers and their songwriting partners. The NMPA’s mandate is to protect and advance the interests of music publishers and songwriters in matters relating to the domestic and global protection of music copyrights. Learn more at www.nmpa.org.