SESAC Music Group & KOSCAP Partner For Global Rights Management Agreement
SESAC Music Group has entered into a global rights management agreement with the Korean Society of Composers, Authors and Publishers (KOSCAP) to represent SESAC’s collection in Korea. This move makes SESAC one of the first PROs to move its catalog from Korea Music Copyright Association (KOMCA). The Harry Fox Agency catalog will also be licensed and administered by KOSCAP, beginning January 2025.
KOSCAP, founded in 2014, is an official copyright collection society alongside KOMCA in order to increase competition and extend the rights of music creators in the South Korean territory.
In addition, Audiam, which was acquired by SESAC in 2014, has entered into an exclusive agreement with KOSCAP to administer their music publishing repertoire in the U.S. The company leverages big data and innovative technology to locate metadata for the sound recordings of compositions.
“It’s a great honor to partner with SESAC, a global leader with a world-class catalog and one of the premier Performing Rights Management organizations in the world, along with Audiam’s innovative technology to administer our catalog in the US. We are excited to provide accurate, efficient and transparent service for the management of SESAC repertoire in Korea,” says Charles Park, COO of KOSCAP and previous CEO of Warner Chappell Music Korea.
“We’re thrilled to take this important step in partnering with KOSCAP for SESAC Performing Rights repertoire and Audiam for US digital collection rights, enhancing our international platform and following on the footsteps of our collaboration with the Asian societies through AAMRO, as well as our historic partnership with Soundreef in Italy,” shares Alexander Wolf, President of International for SESAC Music Group.
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