New York, NY — December 9, 2011
We built this business to represent and serve licensees—artists, record labels, distributors, and online music services—by making the licensing process a whole lot easier for everyone. Since our launch in 2007, we have accomplished just that, with royalties paid to songwriters and publishers all around the world.
We’re pleased to now be taking a momentous step with the team at YouTube, that shares in our vision of solving the really challenging problem of copyright management. Combined with the worldwide platform and reach of YouTube, we’ll now be able to drive awareness, adoption, and licensing success to a much larger audience — ultimately benefiting users, artists, labels, songwriters, publishers, and the entire global music ecosystem.
We want to send a heartfelt thanks to everyone who has contributed to this milestone: our staff, investors, partners, friends, family, and especially the tens of thousands of artists, labels, distributors and online music services with whom we have partnered.
We remain committed to the highest standards of service and innovation. Our goals remain to enable the monetization of music and content consumption, to simplify the complexities surrounding copyright compliance, and to ensure that creators are paid for the use of their work.
President and CEO