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Business News (more headlines) 05-16-2014

CueSongs Appointed By MCPS For Individual Sync Licensing

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CueSongs, the end-to-end music licensing solution that allows content creators and film-makers to access much talked-about, commercial music for usage in digital and online media, is delighted to announce it has been appointed by MCPS, the membership organisation representing the rights of over 100,000 songwriters, composers and music publishers, to carry out all individual sync licensing activity on behalf of MCPS mandated members.

MCPS is administered by PRS for Music, and licenses mechanical rights in musical works and pays mechanical royalties to its members.

CueSongs will handle the licensing of all MCPS mandated sync rights i.e the licensing of musical works, primarily in the corporate, advertising, feature film and gaming markets.

MCPS's strategic partnership with CueSongs reflects the ambition to increase royalties generated from sync licensing for UK songwriters and publishers, while improving conversion rates from the large number of license enquiries coming in to the MCPS.

Jane Dyball, CEO of MCPS, says: "CueSongs is totally focused on the business of sync licensing and is already a MCPS trusted partner in other areas of business, so we are looking forward to seeing rapid results."

Ed Averdieck, co-founder and CEO of CueSongs, comments: "It is a huge honour to have been selected by the MCPS as their partner for sync licensing. We are looking forward to working with MCPS to increase the royalties from this burgeoning area for their members. This is in line with our quest to open up a whole new market place for music licenses, un-earthing long-tail income streams for songwriters and artists by providing a customer focused one-stop licensing solution."

CueSongs, co-founded by music pioneer Peter Gabriel and digital music veteran Ed Averdieck, already has close working partnerships with leading UK publishers and over 1,500 songwriters to proactively increase their licensing revenues from digital and online media.

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