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Rhapsody and RightsFlow Expand Partnership to Include Royalty Accounting and Payment Support
Aug 31, 2011 (05:08 PM EDT)
NEW YORK, Aug. 31, 2011 /PRNewswire/ -- RightsFlow, a leading provider of licensing and royalty services, has expanded its existing bulk licensing relationship with Rhapsody, the leading on-demand music service, to include royalty accounting and payment support. The new deal involves the execution and fulfillment for royalty accounting and payments to publishers worldwide, and extends the relationship that the two companies entered into in 2010.
Rhapsody's Senior Director of Music Licensing Adam Parness noted, "We continue to experience substantial growth in engagement, and in turn, are always committed to maximizing the speed by which songwriters and publishers are licensed and paid for the growing consumption of music. RightsFlow provides tremendous flexibility and transparency to us, and in doing so, drives licensing efficiencies and success that allow us to focus on music engagement and discovery."
Rhapsody offers subscribers unlimited on-demand access to more than 12 million songs, whether they're listening on an MP3 player or mobile phone (including the iPhone, iPod touch, iPad, and Android-powered handsets), PC, or home audio device. Rhapsody subscribers can access their music through more touch-points than any other digital music service. RightsFlow will provide a full range of identification, licensing, reporting and payment support for this broad spectrum of experience.
RightsFlow's Chief Strategy Officer and CFO Ben Cockerham added, "Rhapsody sets itself apart with its unparalleled understanding of the business issues affecting artists and licensors, which has served it well in becoming the most popular music service in the U.S. They're creating tremendous value for the music industry, and we're proud to provide essential operational support for licensing, accounting, and paying songwriters and publishers."
The Rhapsody® digital music service (www.rhapsody.com) gives subscribers unlimited on-demand access to more than 12 million songs. Rhapsody allows subscribers to access their music through more touch-points than any other digital music service, including mobile phones, through Rhapsody applications on the Apple iPhone, iPod Touch and iPad, Android and BlackBerry mobile platforms as well as through devices from Vizio, SanDisk, HP, Sonos and Philips. Rhapsody and the Rhapsody logo are trademarks or registered trademarks of Rhapsody International Inc.
RightsFlow is a leading technology-enabled licensing and royalty service provider for artists, labels, distributors, and online music companies.