Dubset NMPA Deal Means New Income For Indie Artists, Publishers
Income from mixes and other deriviative works has been out of reach for most indie artists and publishers who lack a team of lawyers to negotiate and enforce deals. Enter, Dubset and expanding adoption of its MixBANK platform.
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Just weeks after groundbreaking deals with Apple Music and SoundCloud, Dubset has extended its MixBANK monetization platform to indie songrwriters and publishers that belong to the National Music Publishers' Association (NMPA).
"It is a massive category that can now be unlocked and offered by the world's largest music services and I'm thrilled that our publishers and songwriters will be the beneficiaries of a new and important royalty stream," said NMPA EVP and General Counsel Danielle Aguirre.
Through the Rights Agreement, NMPA members who opt-in will have access to Dubset's MixBANK platform where they can set terms and rules around how and where their catalog may be used in mix content. Each time a new mix or remix is delivered to MixBANK the clearance rules set by rights holders to determine whether the content is cleared for distribution are applied. Cleared mix and remix content is then made available to legal music services under an approved royalty structure.
"The amount of new mix content distributed daily is estimated to be fifteen times as large as that of traditional music," states Bob Barbiere, Chief Operating Officer of Dubset. "Due to complexities associated with identification, and cross-clearance of copyright protected works used within mixes, music services were not able to offer it to consumers. Dubset's technology solves that problem and enables us to clear and deliver this enormous high-demand category of content to music services globally generating new royalties to publishers and other rights holders."
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Income from mixes and other deriviative works has been out of reach for most indie artists and publishers who lack a team of lawyers to negotiate and enforce deals. Enter, Dubset and expanding adoption of its MixBANK platform.