SESAC Launches Online Tool for Speeding Music Royalties Distribution Process
The Society of European Stage Authors and Composers (SESAC) performing rights organization said its new tool for linking digital music files to specific copyrighted compositions is the first part of a new performing rights intelligence platform aimed at accelerating royalty…
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revenue distribution. The new secure online tool will integrate with the existing online rights database used by SESAC and its Rumblefish and Harry Fox Agency (HFA) subsidiaries, SESAC said. The tool is currently available only to publishers that license streaming services via HFA but will become available to other SESAC, HFA and Rumblefish clients in the coming months, SESAC said. “By powering our licensing and administration business units with the industry leading combined SESAC Holdings database, we're able to make rights administration more efficient, simpler, and more lucrative,” SESAC CEO John Josephson said in a Friday news release.