The initiative is in response to the European Commission’s wish for cooperation among music rights organisations to enable users to negotiate licenses with as few companies as possible.
The multi-territorial platform will offer single source licenses for reproduction, distribution and performance rights for both SUISA and SESAC’s repertoires, as well as those of music publishers seeking to license their catalogues across Europe and beyond – which SESAC hopes will be music to the ears of digital service providers such as YouTube, Apple and Spotify.
Source: SESAC and SUISA join forces for transatlantic licensing solution – Music Business Worldwide