WOODLAND HILLS, Calif.--()--Music Reports, Inc. and TuneWiki today announced that they have entered into an agreement for Music Reports to administer the U.S. song lyrics licensing and royalty accounting for subtitled song lyrics appearing on the TuneWiki social music player for mobile phones.
“Our relationship with TuneWiki enables us to enter the song lyrics rights administration business for the very first time”
Pursuant to the agreement, Music Reports will license lyric rights from music publishers on behalf of TuneWiki. Music Reports will then leverage its proprietary Songdex® database to identify the songs contained in the catalogs of the licensing music publishers, as well as report lyric usage and pay royalties to the licensing music publishers.
“Our relationship with TuneWiki enables us to enter the song lyrics rights administration business for the very first time,” said Les Watkins, SVP of Business Affairs and Business Development for Music Reports. “We are excited to work with the TuneWiki team, which has developed a revolutionary new way for consumers to enjoy song lyrics on mobile phones.”
“Given the continuous growth in users and playbacks on the TuneWiki social music player, it is critical we have a first-rate partner like Music Reports to help manage our administration services,” said Larry Goldberg, Chief Operating Officer for TuneWiki. “Our relationship with the music industry is very important to us and Music Reports is the ideal company for reporting royalties given their industry leading expertise.”
About Music Reports
Music Reports, Inc. (www.musicreports.com) is the leading provider of music rights administration services in the United States. The company’s proprietary systems and applications set the standard for technology in the music industry. Music Reports also maintains the largest database of music copyright information in the world, the Songdex® database. The company offers a full spectrum of music rights administration services, including: copyright research; music clearance; sales data consolidation; music usage reporting; 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 www.musicreports.com.
About TuneWiki
TuneWiki (www.tunewiki.com) is the internationally award-winning social music player with the largest legally-licensed lyrics database in the world. TuneWiki is revolutionizing the mobile music experience by combining subtitled lyrics with music and music videos, lyrics translations into over 40 languages, real-time mapping, geographical charting and social networking. TuneWiki’s proprietary technology combines lyrics with the music you play whether from your locally stored library or a streaming internet source. It also allows the TuneWiki community to contribute to and update lyrics and translations. Founded in 2007, the company has offices in Los Angeles, California and Bellbrook, Ohio. To learn more, please visit www.tunewiki.com.
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