Music Reports Announces Music Publishing Lyric Rights Administration Partnership With Gracenote
Company Will Provide Extensive Suite Of Services For Lyrics Usage.
- (1888PressRelease) December 03, 2010 - Music Reports, Inc. today announced that it has entered into a multi-year agreement with Gracenote to administer the music publishing rights and royalty accounting for Gracenote's lyric service in North America. Pursuant to the agreement, Music Reports will provide Gracenote with an end-to-end suite of services, including copyright research, clearance administration, royalty accounting, usage reporting, and royalty payment services.
"We are excited to partner with Gracenote, which offers the leading licensed lyric service in the music industry", said Douglas J. Brainin, President and CEO of Music Reports. "We are confident that our ability to effectively manage music publishing rights will allow the company to expand its service offerings to music lyric distribution outlets throughout North America."
Gracenote's lyrics service provides authorized, high quality lyrics for hundreds of thousands of tracks, including new releases, from the four major publishers as well as dozens of prominent independent publishers.
About Music Reports:
Music Reports, Inc. is the leading independent provider of music rights administration services in the United States. The company maintains the largest database of music copyright information in the world, the Songdex database. Music Reports offers a full spectrum of music rights administration services, including: copyright research; music licensing; sales data consolidation; music usage reporting; business intelligence; royalty accounting; and royalty payment. Music Reports clients include the world's largest television and radio broadcasters, digital music services, background music services, major record labels, mobile carriers and aggregators, and consumer products companies. Music Reports is a portfolio company of ABRY Partners, one of North America's leading private equity investment firms, which is focused on media and information services. To learn more, please visit http://www.musicreports.com/
For further information, contact:
fortyninegroup, LLC info ( @ ) fortyninegroup dot com 212-246-7049
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