Universal Music Publishing Group (UMPG) and France’s Society of Authors, Composers and Publishers of Music (SACEM) have reached an international agreement with YouTube.
The agreement includes the use of music from SACEM’s repertoire and UMP’s Anglo-American repertoire in videos distributed by YouTube throughout 127 countries in Europe, the Middle East, Africa and Asia.
The new agreement aims to facilitate greater transparency, coordination, and data-sharing between the organizations. It also ensures equitable compensation for rights holders who are entitled to a share of the platform’s revenues.
Zach Horowitz, Chairman & CEO of Universal Music Publishing Group said via a statement, “Universal Music Publishing is pleased to have concluded this agreement with Youtube through DEAL for the proper remuneration of the composers we are privileged to represent. The digital market can only flourish if creators receive fair remuneration delivered through efficient and innovative licensing solutions. We are proud to be at the forefront of that effort with our partners at SACEM.”
“SACEM is proud to be the first authors’ society in the world to have signed an agreement of this scale with YouTube, the world’s leading digital platform of music videos,” said SACEM CEO Jean-Noël Tronc. “This contract bears witness to our commitment to increasing both the visibility of works and the remuneration of our members with a major partner, YouTube, the number one vector for discovering works on the internet.”
Category: Featured
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Jessica Nicholson serves as the Managing Editor for MusicRow magazine. Her previous music journalism experience includes work with Country Weekly magazine and Contemporary Christian Music (CCM) magazine. She holds a BBA degree in Music Business and Marketing from Belmont University. She welcomes your feedback at [email protected]View Author Profile
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