AMRA Signs Multi-Territorial Digital Licensing Deal with ole
New York, US – FEBRUARY 3, 2017 – AMRA, the first global, direct, digital collections society, announced a deal today with ole, the world's fastest-growing independent music 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. This will include ole benefiting from AMRA’s unique global digital music licensing model that was launched in April 2015. Key benefits of AMRA’s centralized approach to digital collections include:
● Improved matching and increased claims: AMRA is uniquely able to more accurately and efficiently match and process the enormous amount of digital data generated by DSPs around the world.
● Global reach: AMRA currently has digital licensing agreements with over 20 DSPs around the world.
● Faster Payment and Reporting: AMRA is able to account 8-12 months faster by collecting directly from the global DSPs.
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 Chris Giansante, Senior Vice President, Finance & Administration of ole. “Working alongside Tomas and his team, we’re confident that ole’s global collections will increase, benefitting our stakeholders in 2017 and beyond.”
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AMRA is the first of its kind — a global digital music collection society, built on technology and trust. AMRA is designed to maximize value for songwriters and publishers in today's digital age, while providing the highest level of transparency and efficiency. AMRA takes a global, direct approach to digital licensing, collection and administration, all driven by Kobalt’s advanced rights management platform, KORE™. This streamlined model allows AMRA to increase efficiencies, combating the large margin of uncertainty, delay and error that exists in the current fractured system. Global and direct, AMRA is able to provide its publisher clients with the most transparent and accurate reporting in the industry. AMRA proudly represents among the world’s most successful songwriters through either direct affiliation with AMRA or through its publisher representation agreements for Global Digital Licensing administration. AMRA is founded on the fundamental principle that music creators' rights come first, above all else. What's in their best interest drives every piece of our business. With flexible contracts, no complex distribution rules or opaque policies that discriminate or reward certain members, we're 100% aligned with our clients. We are here to ensure rights owners get paid more, faster.
AMRA is owned by Kobalt but operates independently, with offices in New York and London.
ole is one of the world’s foremost rights management companies with investments of over $550M in music intellectual property (IP). Founded in 2004, with operations in Toronto, Nashville, New York, Los Angeles and London, ole is engaged in IP acquisitions, creative development, and worldwide rights management. The ole catalog includes over 55,000 songs and 60,000 hours of TV and film music across all genres. Copyrights under ole’s control include songs recorded by artists such as the Backstreet Boys, Beyoncé, Blake Shelton, Britney Spears, Carrie Underwood, Eric Church, Jay Z, Justin Timberlake, Kelly Clarkson, Madonna, Michael Jackson, One Direction, Rihanna, Rush, Taylor Swift, and Timbaland.
ole controls substantial A/V music and secondary rights including catalogs from Sony Pictures Entertainment, Entertainment One, MGM, Miramax, Nelvana, and Nu Image/Millennium, as well as an extensive production music library of over 750,000 tracks including Jingle Punks, Cavendish Music, 5 Alarm Music, MusicBox, Nelvana Production Music, Auracle, and Cue. In September 2016, ole acquired rights management company Compact Media – which manages Audio-Visual Secondary Rights for more than 700 clients around the world – in a major deal that furthers ole’s commitment to delivering leading-edge IP rights management services across the globe.
ole is committed to the creative development of its 150+ staff songwriters, legacy writers, and composers and adding value to our catalogs and client catalogs. Current ole writers include Timbaland, Tyler Farr, Chris Janson, Josh Dorr, Gord Bamford, Brett Jones, Jeremy Stover, Phil O’Donnell, Jordan Davis, and Ian Thornley. ole has ongoing ventures with Last Gang Publishing, Roots Three Music, Jackoby Publishing, and most recently, ole-Bluestone Publishing, ole’s venture with global hitmaker Timbaland. ole’s legacy catalogs and writers include Rush, Max Webster, Coney Hatch, and Ian Thomas.
ole also operates a robust label services arm under the umbrella of ole label services. The division includes Anthem Entertainment Group, the label home of Rush, Big Wreck, Ian Thornley, Steven Page, The Tea Party. Anthem Legacy includes Max Webster, Ian Thomas, and artist development label red dot, which has developed and up-streamed artists including Charlie Worsham, Haley Reinhart, Josh Dorr, Sam Grow, and Jordan Davis.
ole Digital is a full YouTube MCN partner for all media with over 12 billion views across publishing, masters and A/V to date.