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 http://www.rdio.com.
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.
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
About Rdio
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 http://www.rdio.com
About PRS for Music
PRS for Music is a world-leading music collective management organisation representing the rights of more than 165,000 talented songwriters, composers and music publishers around the globe. Headquartered in the UK, it works diligently on behalf of its members to grow and protect the value of their rights. With a focus on innovation and integrity, PRS for Music is redefining the global standard for music royalties to ensure creators are paid whenever their musical compositions and songs are streamed, downloaded, broadcast, performed and played in public. In 2022, PRS for Music collected £964m and paid out £836.2m in royalties. prsformusic.com
