SoundExchange is teaming up with SourceAudio to provide a new solution for podcasters to secure fully licensed music.
The collaboration would provide Podcastmusic.com, a digital music marketplace for podcasters, with access to SoundExchange’s membership of music creators and offer licensing for label and publisher-owned music.
This partnership will enhance Podcastmusic.com’s current database of 700,000 production and music bed tracks by providing a global license for all rights needed to use feature music in a podcast, including master use, performance, sync, and mechanical rights.
The service will launch in 2020 and participation by publishers, labels, and other rights owners is on a voluntary basis.
Music creators interested in making their sound recordings available for podcasts can learn more here.
The podcast industry is forecast to produce more than $1 billion in advertising revenue by 2021.
“Our collaboration with SourceAudio will make the process of licensing music simpler through a one-stop licensing marketplace.”
Michael Huppe, SoundExchange (pictured)
“The podcast industry is rapidly growing, and this collaboration will provide SoundExchange’s music creators – both labels and publishers – with an additional way to monetize their work by making their music available on Podcastmusic.com if they choose,” said Michael Huppe, President and CEO of SoundExchange.
“Our collaboration with SourceAudio will make the process of licensing music simpler through a one-stop licensing marketplace.”
“Currently there is no simple way for a podcaster to acquire rights for feature music in their podcasts. We are solving that by working with SoundExchange.”
Geoffrey Grotz, SourceAudio
Geoffrey Grotz, CEO/Co-Founder of SourceAudio, added: “Currently there is no simple way for a podcaster to acquire rights for feature music in their podcasts. We are solving that by working with SoundExchange.
“By connecting with SoundExchange’s community of music creators including labels, artists, publishers and songwriters, and benefitting from their deep expertise, we will be able to deliver a high-quality repertoire of music for podcasters.”Music Business Worldwide
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