PRS FOR MUSIC AND RDIO SIGN LICENSING DEAL
Songwriters, composers & music publishers to earn royalties from new digital service
PRS for Music, the organisation that represents the rights of 85,000 songwriters, composers and music publishers in the UK, has announced a licensing agreement with Rdio, the digital music service from the creators of Skype. The deal will enable PRS for Music’s music creators to earn when their music is accessed via Rdio.
The deal is a pan-European rights agreement for the repertoire PRS for Music represents, enabling Rdio to operate in multiple European countries. As previously announced, the service, which is available in the US, Canada, Brazil, Australia and New Zealand, has recently arrived in Europe, launching in Germany, Spain and Portugal with plans to expand to other European territories throughout 2012.
Rdio offers a truly massive - and growing - catalogue of over 15 million licensed tracks from all major labels as well as thousands of independent labels and distributors through a Web browser or mobile device, even when offline. The service currently offers two tiers of subscription in Germany; €4.99 a month for Web only and €9.99 a month for unlimited access on all devices. Users can also sign up to try Rdio for free at www.rdio.com.
Robert Ashcroft, Chief Executive of PRS for Music, said: “Rdio’s service is more good news for the UK’s digital music users and creators alike. Rdio’s entry into the market provides more choice for consumers and is a vote of confidence in the growing licensed digital sector.”
Scott Bagby, VP of Strategic & International Partnerships at Rdio, said: “Working with PRS for Music further emphasizes Rdio's commitment to the global music community. We are very excited to bring our service to even more countries, and because Rdio is socially powered, music fans will discover local and international artists across the world”
For more information, get in touch:
Barney Hooper, Head of PR:
02073064548 / 07979 757052
PRS for Music
PRS for Music represents the rights of 85,000 songwriters, composers and music publishers in the UK. As a not-for-profit organisation it ensures creators are paid whenever their music is played, performed or reproduced; championing the importance of copyright to protect and support the UK music industry. The UK has a proud tradition of creating wonderful music that is enjoyed the world over and PRS for Music has been supporting the creators of that music since 1914.
PRS for Music provides business and community groups with easy access to over 10m songs through its music licences. In an industry worth £3.8bn PRS for Music is uniquely placed to be a voice for music and music creators. Collecting £611m in 2010 PRS for Music is one of the world’s most efficient combined rights organisations. With 150 representation agreements in place globally, PRS for Music’s network represents over 2 million music creators.
Rdio is the ground-breaking digital music service that is reinventing the way people discover, listen to, and share music. With on-demand access to over 15 million songs, Rdio connects people with music and makes it easy to search for and instantly play any song, album, artist or playlist without ever hearing a single ad. Discover what friends, people with similar tastes, recording artists and more are listening to in real-time and share across Twitter and Facebook. Build a digital music collection that’s available everywhere - on the web, in-home or in-car, on tablets or mobile phones, and even offline.
Launched in August 2010, Rdio is headquartered in San Francisco and was founded by Janus Friis, one of the creators of Skype. Currently available in the US, Canada, Brazil, Germany, Australia, New Zealand, Spain, Portugal and Denmark, Rdio is funded by Atomico, Janus Friis through his investment entities, Skype and Mangrove Capital Partners. For more information and to sign up, visit www.rdio.com
Follow Rdio and join the community on Facebook, Twitter and the Rdio blog.