PRS for Music to manage European online rights
Imagem appoint Buma/Stemra and PRS for Music to manage European online rights
IMAGEM, one of the world's largest independent music publishers has appointed Dutch collecting society Buma/Stemra and the UK’s PRS for Music to license and administer its online rights on a pan-European basis. The announcement follows previous notification by IMAGEM to all European collecting societies that it would be withdrawing its online rights from the network as of 31st December 2011.
Buma/Stemra and PRS for Music have been chosen to represent these rights due to their existing strong relationships with IMAGEM and a proven track record in licensing digital services on a pan-European basis.
Our decision to embrace the development of the online market and option 3 licensing was of significant importance to IMAGEM. In choosing Buma-Stemra we will see our important relationship with them move forwards into the future. With PRS for Music, we have identified a partner who is making a success of online licensing in how they work with licensees, rightsholders and other societies.
We are proud that Imagem, one of the largest publishers in the world, has decided to work with Buma/Stemra and include us in this exciting venture together with PRS for Music.
I’m delighted to add IMAGEM to the growing band of independent music publishers PRS for Music represents in the European online licensing market. This is an important milestone in the repertoire we represent, and is good news for European digital music consumers and music creators alike.
The appointment of Buma-Stremra and PRS for Music to the license and administration IMAGEM’s pan-territorial online rights will be effective as from 1 January 2012.