Florida-based royalty collection firm Pro Music Rights has launched what it describes as “a fully automated and transparent standardized music licensing dashboard and reporting system”.
The company has also lowered its monthly music licensing fee to $50 per month per location/service, plus music usage fees, according to a press release.
Businesses can sign up by answering a few questions and get a music license with “fully transparent pricing” and access to the Music License Reporting Dashboard.
Pro Music Rights states that it will also launch an updated Rights Holder Dashboard for clients soon that will have additional features such as in-depth analytics, automated statement generation, and automated payouts.
PMR claims to have a 7.4% market share based on musical works, with the rights to license about 2 million works from artists including A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, Soulja Boy, Nipsey Hussle, 2 Chainz, Migos, Gucci Mane and Fall Out Boy, among others.
PMR’s announcement follows last month’s news that the company filed an antitrust lawsuit against what it says is “the entire music industry”.
Filed in Connecticut federal court on Monday March 9, PMR’s suit alleges that the named defendants are “running an illegal cartel for the performance rights of musical works”.
Named in the suit are Apple, Amazon, Google, Youtube, Spotify, Digital Media Association, Radio Music License Committee, Inc., The National Association Of American Wineries, Television Music License Committee, Llc, 7digital, Deezer, iHeartmedia, Connoisseur Media, Pandora, Rhapsody International, SoundCloud, and the NRBMLC.
This antitrust lawsuit follows a bundle of 10 copyright lawsuits filed by Pro Music Rights against music streaming services in the U.S. District Court for the Southern District of New York in December 2019.
It also follows a billion-dollar lawsuit filed by Pro Music Rights against Spotify in the U.S. District Court for the Middle District of Florida in November 2019.
“I am very excited that Pro Music Rights has been able to rapidly launch the Automated Licensing Systems to issue Pro Music Rights licenses to 2,500+ music users that have requested Pro Music Rights licenses within the past 30 days alone.”
Jake P. Noch, Pro Music Rights
Jake P. Noch, Chief Executive Officer and founder of Pro Music Rights, said: “I am very excited that Pro Music Rights has been able to rapidly launch the Automated Licensing Systems to issue Pro Music Rights licenses to 2,500+ music users that have requested Pro Music Rights licenses within the past 30 days alone.
“I am even more excited to announce to rights holder clients that Pro Music Rights has successfully issued multiple licenses with the Pro Music Rights $0.01 usage rate model.
“Pro Music Rights expects to start reporting and remitting payments to rights holder clients with the launch of the updated Pro Music Rights Rights Holder Dashboard.
“Furthermore, we have been happy to welcome over 850+ new members to the Pro Music Rights music licensing sales team who have been hired since the of start of the COVID-19 outbreak and are currently undergoing remote job training.”Music Business Worldwide