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Digital distributor Dubset Media has partnered with Sony Music to allow the use of the label’s catalog in DJ sets and remixes on music subscription services.
In addition to opening up Sony’s catalog to DJs and remixers, the deal creates a new revenue stream for the label.
Using its MixBANK rights management platform and Cross Clearance Network, Dubset identifies the underlying musical recordings used within DJ sets and remixes. Once the tracks are identified, the platform determines the label and publishing rights holders and simultaneously clears the DJ sets or remix across all rights holders.
Although thirty-five thousand labels and publishers have registered with Dubset, Sony is the first major label to get on board.
Dubset Media CEO Stephen White said in a press release:
“Hundreds of millions of music fans are streaming DJ and remix content, and labels, publishers, and performance societies need robust solutions for managing the use of their catalogs within this massive category of under-monetized music.”
Andre Stapleton, senior vp of digital partner development at Sony Music Entertainment stated:
“We have worked closely with Dubset on a deal that not only protects our artists, but also provides us with the tools to harness new revenues for them, while amplifying the popularity of the original master recordings at the same time.”
Bob Barbiere, Dubset Media chief strategy officer and svp of global licensing added:
“Poorly monetized user generated content (UGC) has already cost the music industry billions in lost revenue. DJ sets and remixes, like original music, must be independently registered, tagged, and cleared before entering any subscription music streaming service – which up until now has not been possible. At Dubset we have solved this problem.