Sony Music has signed a contract to work with music rights company Dubset Musicand use Dubset’s MixBANK Rights Management Platform to properly attribute songs signed to Sony when used in dj mixes and bootlegs.
Stephen White, Dubet Media CEO stated, “This is a watershed moment for Dubset that demonstrates how critical the MixBANK tool and programs are proving to be with rights holders. 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. We are honored that Sony Music has selected Dubset to help identify and unlock the value in these uses of their catalog.”
Andre Stapleton the senior VIP of digital partner development at Sony Music Entertainment, noted, “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.”
Lastly, Bob Barbiere, Dubset Media’s chief strategy officer and senior vice-president of global licensing noted, “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.”
This news seems to provide for the legal use of Sony songs on platforms including Soundcloud in dj mixes and as bootlegs… though it may open up other platforms as well to compete.