News Music Industry 15/12/2015
Rate this:

Warner/Chappell Music And Pandora Sign Licensing Agreement

Warner/Chappell Music And Pandora Sign Licensing Agreement


New York, NY (Top40 Charts) Pandora (NYSE:P), the world's most powerful music discovery platform, and Warner/Chappell Music, the global music publishing company of Warner Music Group, today announced a multi-year licensing agreement for Warner/Chappell Music's catalog of musical works. This direct publishing deal creates business benefits for Pandora, while modernizing compensation for Warner/Chappell Music and its songwriters in the U.S.

"It is Warner/Chappell's top priority to make sure our songwriters are prospering both creatively and commercially, and that the value of their music is properly recognized," said Jon Platt, chief executive officer, Warner/Chappell Music. "We look forward to seeing our songwriters benefit from this new agreement with Pandora."

"We are thrilled to partner with Warner/Chappell Music, which has represented many of the most talented songwriters for over 200 years," said Brian McAndrews, chief executive officer, Pandora. "Pandora is proud to be part of their tradition of maximizing the value of music publishing and talent."

While specific terms of the multi-year agreement are confidential, the companies worked together to build an innovative approach to publisher economics. The deal allows Warner/Chappell Music to obtain its goal of delivering improved performance royalties for its songwriters, while Pandora will benefit from greater rate certainty and the ability to add new flexibility to the company's product offering over time. The royalties paid by Pandora to sound recording owners are not affected by this agreement.

ABOUT PANDORA
Pandora is the world's most powerful music discovery platform - a place where artists find their fans and listeners find music they love. We are driven by a single purpose: unleashing the infinite power of music by connecting artists and fans, whether through earbuds, car speakers, live on stage or anywhere fans want to experience it. Our team of highly trained musicologists analyze hundreds of attributes for each recording which powers our proprietary Music Genome Project®, delivering billions of hours of personalized music tailored to the tastes of each music listener, full of discovery, making artist/fan connections at unprecedented scale. Founded by musicians, Pandora empowers artists with valuable data and tools to help grow their careers and connect with their fans.

ABOUT WARNER/CHAPPELL MUSIC
Warner/Chappell Music, the global music publishing company of Warner Music Group, is home to a wide array of legendary songwriters and a rich catalog of contemporary hits and influential standards. With offices in more than 40 countries, Warner/Chappell provides deep expertise across a range of creative services and the most innovative opportunities for songwriters and copyright holders. Warner/Chappell, which has a history dating back more than 200 years, currently publishes and administers music from Barry Gibb, Beyoncé, Bruno Mars, Eric Clapton, fun., Gamble & Huff, Green Day, Jay Z, Katy Perry, Kendrick Lamar, Led Zeppelin, Lionsgate Films, Madonna, Miramax Films, Muse, Radiohead, Red Hot Chili Peppers, R.E.M, Roc Nation, Stephen Sondheim, Timbaland and Tove Lo, among many others.




Subscribe to our news via Email. Enter your email address:

Service handled via Google Feedburner.
Your e-mail address will not be shared with anyone



Most read news of the week
Carol Decker - Heart & Soul - The Autobiography + 2016 UK Tour
Nissan Celebrates Fifth Anniversary Of First Leaf Delivery With Crowd-Sourced Playlist On Spotify
FREE.D Set To Release 'Kiss Full Of Funk' Feat. Gregory Alexander On December 18, 2016!
NRK PROJECTS Releases Nightingale
Digitally Imported Electronic Music Radio Hosts 16th Anniversary Progressive Special December 11-14, 2015
The Riflery Readies Debut EP And January Tour, Mining An American Rock Sound That Evokes Jack's Mannequin, Augustana, Jimmy Eat World
Helen Love Sign To Alcopop! Records - Releases 'The Townhall Band' Charity Single/Video (Ft Tim Wheeler Of Ash) + Announces New Album April 2016
Bruce Springsteen Tickets Available Now For "The River Tour"
The Pretty Reckless #1 On Mainstream Rock Radio Chart For 2015
Lakeshore Records Presents The Soundtrack For The Dreamworks Animation Television Series All Hail King Julien
Early Buzz Greets Debut By Sarah McGowan
Guitar Virtuoso Todd Grubbs To Release New Vocal Album "As The Worm Turns"
Lakeshore Records Presents 'Rams' Original Motion Picture Soundtrack
Bosendorfer Oscar Peterson Signature Edition Piano Brings Jazz Icon's Performances Back To Life
The Recording Academy Producers & Engineers Wing Hosted The Third Annual Latin Grammy Week Celebration "En La Mezcla"




© 2001-2017
top40-charts.com
about | advertise | site map
contact | privacy
Page gen. in 0.0054431 secs // 4 () queries in 0.024779796600342 secs
Top40-Charts.com
Members Area




Experience our site ad-free!