Songclip, which claims to be the world’s solely patented music clip firm, has struck a multi-year world strategic partnership with Common Music Group (UMG) and Common Music Publishing Group (UMPG).
Songclip gives a patented music licensing and integration device for courting apps, gaming apps, messaging apps, social platforms, and extra.
UMG’s partnership marks the startup’s newest main label deal, after signing a strategic world partnership with Warner Music Group in June 2021.
In March final yr, Songclip closed an $11 million funding spherical led by Gregg Smith of Evolution VC Companions.
Along with working in partnership with UMG, UMPG, WMG, and Warner Chappell, Songclip works with Kobalt, BMG, and seven,500 different rights homeowners.
Songclip says that its patented API integrates into apps and social platforms to produce licensing, search, catalog and compliance, royalty funds, reporting, and end-user analytics features.
The corporate will now function music from UMG and UMPG’s artist and songwriter roster as a function in client functions and throughout world social platforms.
Stephen Dallas, Senior Vice President of Enterprise & Authorized Affairs & Digital Enterprise Growth, UMPG, stated: “In at present’s quickly advancing digital panorama, there are extra platforms than ever earlier than in search of to attach followers with the songs they love.
“UMPG continues to be on the forefront of driving worth for our songwriters by means of our help of the event of those digital initiatives.
“We’re happy to enter into this new settlement with Songclip which acts as an on-ramp for audiovisual companies to launch with licensed music within the market.”
“As trade leaders in forging digital ecosystem partnerships, we’re all the time in search of progressive methods to have interaction audiences, creators and companies throughout client apps and social platforms.”
Michael Nash, Common Music Group
Michael Nash, EVP, Digital Technique, Common Music Group, stated: “As trade leaders in forging digital ecosystem partnerships, we’re all the time in search of progressive methods to have interaction audiences, creators and companies throughout client apps and social platforms.
“Our ongoing, elevated relationship with Songclip permits us to increase our attain within the digital ecosystem, with correct administration and monetization for the IP of our artists’ music”
“Clips are a foundational asset class that drive a number of new income streams for artists and their music.”
Andy Blacker, Songclip
Andy Blacker, Co-CEO and Co-Founder, Songclip, added: “Clips are a foundational asset class that drive a number of new income streams for artists and their music.
“We constructed Songclip to permit for accountable partnerships between apps and the music trade, with a key mission of empowering social consumption and discovery.”
“Our platform is the bridge to integrating short-form music in a compliant, straightforward and environment friendly method.”
John van Suchtelen, Songclip
John van Suchtelen, Co-CEO and Co-Founder, Songclip, stated: “Songclip’s patented expertise and merchandise facilitatean thrilling array of latest use circumstances for music – from video creation to gaming to collectibles and extra.
“Our platform is the bridge to integrating short-form music in a compliant, straightforward and environment friendly method.”Music Enterprise Worldwide
