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Business News (more headlines) 05-12-2014

NMPA, Rap Genius Announce Agreement

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The National Music Publishers' Association (NMPA) and Rap Genius announced a partnership that offers NMPA's music publisher members the opportunity to enter into a settlement and license with Rap Genius.

"Rap Genius is a unique site that allows music fans to connect with songwriters and the emotions they express through their lyrics. That's why today's announcement is a welcome one, and I applaud Rap Genius for respecting the rights of songwriters and compensating them fairly for their work," said David Israelite, NMPA president and CEO. "As more music fans find lyrics they relate to and are curious about online, it becomes imperative that various industries form collaborative partnerships such as what NMPA and Rap Genius have accomplished today."

"The NMPA's members represent some of the best songwriters in the world. Rap Genius allows these songwriters to showcase their work and interact with their biggest fans in unprecedented ways – we couldn't be more excited about this partnership," said Rap Genius Co-Founder Ilan Zechory.

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