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MediaNet Has Been Acquired By SOCAN

Posted by Glen Sears | May 12, 2016 9:15 am | No Comments

SOCAN_Tag_V_EngTop_RGB

We are thrilled to announce that, effective Tuesday, May 10, MediaNet has been acquired by SOCAN, Canada’s premier performing rights organization. This is very exciting for us as a company and enables us to develop exciting new technologies that will benefit the entire digital music industry. Today at 9 AM PT a press release was issued announcing the transaction. It can be found here and is also reproduced in its entirety below:


TORONTO and SEATTLE, May 12, 2016 /PRNewswire/ – SOCAN, the member-based organization that represents the performing rights of more than four-million music creators and publishers, has purchased Seattle-based MediaNet. The addition of this pioneer business-to-business music technology provider offers 360-degree music rights administration to SOCAN members.

MediaNet is the creator of powerful music and metadata delivery technologies that work with streaming services, download providers, media search, and other media discovery tools to provide an exhaustive catalog of music, while ensuring that creators and music publishers, including artists and all relevant rights owners, are properly compensated for their work.

The MediaNet acquisition will have immediate benefits for SOCAN members’ digital performances, as the potential for increased matching on radio, TV and in areas such as nightclub performances is substantial. With MediaNet, SOCAN will be able to identify digital performances from around the world in real-time, with access to granular performance data to make better decisions, identify trends and increase revenue for members. This comes with a level of data accuracy and transparency that few, if any, music rights organizations in the world can provide.

With more than 51 million sound recordings in its database, each containing a unique audio identifier, MediaNet will provide SOCAN with authoritative information pertaining to master rights (sound recordings), and will augment already strong matching capabilities for all kinds of performances and reproductions of music on radio, digital, live, satellite, film and TV and other delivery of music to public audiences.

In keeping with SOCAN’s vision to lead the global transformation of music rights, the acquisition and integration of MediaNet’s technology will make SOCAN the leader in accurate matching of music data, one of the most significant challenges facing the digital music ecosystem worldwide. The benefit of robust, accurate matching of repertoire to rights-owners is significant to SOCAN’s existing and future members, and will especially increase revenue streams for all whose music is played on digital platforms such as YouTube, Facebook, SoundCloud and other services relying on uploads.

“The music ecosystem is in need of data and accuracy and, with MediaNet, SOCAN is the first major music collective to meet this need,” said SOCAN CEO Eric Baptiste. “The expanded family of MediaNet and SOCAN creates an unbeatable combination that will help drive proper compensation for SOCAN’s membership base of songwriters, composers and music publishers and potentially for all parties involved in the music value chain.”

For SOCAN’s more than 135,000 members the acquisition of MediaNet brings immediate dramatic improvement in digital match-rates and the speed of distribution of digital royalties. For digital service providers this means a new dimension of accuracy for matching musical works with rich ownership data.

MediaNet will continue to operate under its current name, with all of its 34 employees continuing at the organization’s Seattleoffices. MediaNet CEO Frank Johnson and the company’s leadership team will remain in place.

“SOCAN is a leader in ushering the transition from physical to digital through a commitment to data and artist advocacy,” said MediaNet CEO Frank Johnson. “We are thrilled to join the SOCAN family and realize our shared goal of pioneering high-scale technology solutions that ensure fair and accurate royalty administration.”

The acquisition was completed in May 2016, the terms of which are undisclosed.

Headwaters MB acted as financial advisor and Reitler Kailas & Rosenblatt LLC as legal counsel to MediaNet in this transaction. Venable LLP, Gowling WLG and KPMG advised SOCAN on the matter.

About MediaNet
MediaNet maintains one of the largest B2B rights-managed, global music catalogs of more than 51 million tracks and a database of over 4.1 million rights holders and their respective works. MediaNet’s database of rights holders encompasses composers, publishers, administrators, PROs, collection societies, performers, labels, and distributors. MediaNet leads the music industry by hosting the only commercially available catalog of sound recordings connected directly to a comprehensive database of rights, ownership, and songwriting splits. MediaNet enables accurate royalty administration for streaming music apps, subscription services, and download stores. MediaNet has powered many popular digital music services worldwide including Beats Music, Pulselocker, CÜR Music, Songza, Target, and Univision.

About SOCAN
SOCAN is a member-based organization that represents the Canadian performing rights of more than four-million Canadian and international music creators and publishers. SOCAN is proud to play a leading role in supporting the long-term success of its more than 135,000 Canadian members, and the Canadian music ecosystem overall. SOCAN licenses more than 125,000 businesses in Canada, and distributes royalties to its members and music rights organizations around the world. SOCAN also distributes royalties to its members for the use of their music internationally in collaboration with its peer societies.

(via PRNewswire)

MediaNet Ends the Year With 48M Tracks in Our Catalog

Posted by Glen Sears | December 18, 2015 2:49 pm | No Comments

MediaNet Catalog Reached 48 Million Tracks and Songs

2015 has been a great year for music. Adele smashed every conceivable sales record, Taylor Swift’s 1989 was so popular it helped tip major digital music reform, and hip-hop had another big year in the form of Kendrick Lamar, Drake, and others.

2015 has also been a great year for the MediaNet catalog. When we started the year, we had 39.1 million tracks available for download, stream, and online radio. As we close out the year, our December 2015 track count has increased to 48.2 million tracks. That’s a 23% increase in tracks available to our Partners and their customers! Many of these tracks and albums are unavailable on most digital music platforms, but MediaNet’s deep, long-term relationship with the music industry means we can make even the most sought-after music available to you.

As our CEO Frank Johnson was quoted in September, “It is amazing the volume of catalog growth and amazing that it shows no signs of slowing down. This growth makes the work of matching songs to owners, writers, and publishers even more urgent to ensure everyone is paid for every play.”

Each week MediaNet’s Content Operations Team ingests over 150,000 new tracks into our catalog. These tracks are licensed for download and streaming by major record labels, as well as over 80,000 independent record labels and publishers. MediaNet then provides developers access to high-quality audio files—in 11 formats up to 320kbps —with rights secured across multiple international territories. MediaNet content is delivered through our partner services, websites, and apps to a global network of users and music fans.

MediaNet partners include Beats Music, CÜR Music, Pulselocker, Songza, iMesh, Univision, and many more of the worlds best-loved music apps. MediaNet also offers a full range of publishing and rights administration services, including license acquisition, publisher payments for labels, rights management, high-quality compliant reporting, and more. Our rights-managed catalog allows us to reach a level of accuracy and efficiency unmatched in the digital music space.

As 2015 ends and 2016 begins, you can be sure MediaNet will continue to expand our catalog with music from all corners of the world, and provide it to our partners at the highest quality. Thank you to all our Partners, labels, publishers, artists, and everyone else who makes these incredible milestones possible.

Ready to connect to the MediaNet suite of services? Let’s chat!

MediaNet Digital Music Catalog Now Offers Over 45M Tracks

Posted by Glen Sears | September 22, 2015 9:00 am | No Comments

MediaNet Catalog Reached 45 Million Tracks and Songs

Today MediaNet is thrilled to announce that our digital music catalog has surpassed 45 million tracks! Our global music catalog includes content provided by major labels, independent labels, aggregators, and distributors, ensuring your customers can always find the content they crave.

“It is amazing the volume of catalog growth and amazing that it shows no signs of slowing down,” says MediaNet CEO Frank Johnson. “This growth makes the work of matching songs to owners, writers, and publishers even more urgent to ensure everyone is paid for every play.”

Each week MediaNet’s Content Operations Team ingests over 150,000 new tracks into our catalog. These tracks are licensed for download and streaming by major record labels, as well as over 80,000 independent record labels and publishers. MediaNet then provides developers access to high-quality audio files—in 11 formats up to 320kbps —with rights secured across multiple international territories. MediaNet content is delivered through our partner services, websites, and apps to a global network of users and music fans.

MediaNet partners include Beats Music, CÜR Music, Pulselocker, Songza, iMesh, Univision, and many more of the worlds best-loved music apps.

MediaNet features the only catalog which internally matches sound recordings directly to rights holders, ensuring maximum accuracy and industry-leading reporting. Want to talk about how MediaNet can power your music service? Let’s chat!

MediaNet CEO Frank Johnson To Speak About Digital Music Infrastructure At NMS2015

Posted by Glen Sears | June 19, 2015 12:39 pm | No Comments

New Music Seminar MediaNet NMS2015

New Music Seminar 2015 is fast approaching, and the lineup of speakers is full of heavy-hitters. For those who don’t know, NMS “is about belief in building the music business, belief in change, and belief in long-term success for artists and businesses alike. We provide a platform for discourse by the voices who disrupt the conventional, tackle key issues, and give a stage for emerging artists to shine. NMS is the place to network, engage, and discuss the future of music and business.”

On Tuesday, June 23rd MediaNet CEO Frank Johnson will take the hot seat in an NMS Intensive on digital music and streaming data architecture. The 15-minute question and answer session will be moderated by long-time music journalist and Celebrity Access writer Larry LeBlanc. The talk will focus on what it takes to be a competitor in the modern digital music arena, and what accurate reporting and fulfillment can do to ensure rights holders get paid every time the play button is pressed.

Click here for more information on New Music Seminar, and if you’re planning to attend don’t forget to register!

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MediaNet Music Fulfillment Now Powers Freeform Development Apps

Posted by Glen Sears | June 18, 2015 1:55 pm | No Comments

MediaNet Freeform

Today MediaNet, the world’s premier B2B digital music service and royalty administrator, is proud to announce that our Content Fulfillment system has been employed to power Freeform’s family of new music apps.

Founded by former Google Play Head of Global Content Programming Tim Quirk, Freeform creates emergent music apps that “reimagine the digital listening experience, creating entire worlds for fans to discover.” Freeform’s platform and vision for the future of the album was recently featured in Fast Company’s Tech Forecast.

“Freeform is building a platform that will let artists quickly and easily build mobile apps to distribute their work, and emulate the wildly profitable playbook of free-to-play mobile games. Freeform artist apps make musicians money by giving fans the free music they want, then making it fun and easy to buy more. Artists choose whether or not to use our platform, they choose what music to distribute through it, and they set their own prices.

For MP3 delivery, we knew we needed a Partner that artists, labels, and publishers trust with their content. MediaNet helps us ensure the fans get their music reliably, while content owners get paid promptly and accurately.” – Tim Quirk

MediaNet’s 40 million track Content Fulfillment system is being used to distribute downloads, report licensing, and pay royalties on songs purchased via Freeform apps. MediaNet provides these songs in high-quality file formats, up to 320kbps, with rights secured across multiple international territories.

“We’re thrilled to be working with Tim and the Freeform Team. Tim has been at the forefront of digital music, and a long-time thought leader. His advocacy ensures actual music is not lost in all the discussion of technology, instead bringing artists and their music closer to fans.

MediaNet’s deep musical catalog and industry-leading reporting solutions ensure that when artists sell rich, customizable digital albums on the Freeform platform, the fan experience is seamless. All music owners are paid accurately and correctly for every play.” – MediaNet CEO Frank Johnson

About MediaNet
Launched in 2001 as one of the first legal digital music distribution platforms, MediaNet (mndigital.com) maintains the world’s largest B2B rights-managed global catalog of more than 40 million tracks, matched to over 3.6 million rights holders including composers, publishers, administrators, PROs, collection societies, performers, labels, and distributors.

Follow MediaNet! – Facebook | Twitter | LinkedIn

Have questions about how MediaNet can power your platform? Ask us here. Want a topic or insight published on this blog? Ask us here. Other questions or comments? Let us know!

MediaNet Digital Music Catalog Tops 40 Million Tracks

Posted by Glen Sears | May 18, 2015 1:09 pm | No Comments

MediaNet Catalog Passes 40 Million Tracks

Today MediaNet, the world’s premiere B2B digital music service provider, is pleased to announce that our digital music catalog has surpassed 40 million tracks. MediaNet’s global catalog includes content provided by major and independent record labels, aggregators and distributors and is delivered to a global network of music service providers.

“Surpassing 40 million tracks in our catalog is a significant milestone for MediaNet and demonstrates our historic commitment to facilitating exceptional digital music experiences,” said MediaNet CEO, Frank Johnson.

“MediaNet’s unparalleled comprehensive digital music distribution platform — which supports downloads, streaming and non-interactive radio as well as copyright administration, reporting and payments — is the result of careful management of each of the 40+ million tracks we host, while making certain that every play is accounted for.”

Each week MediaNet ingests over 100,000 new tracks licensed for downloading and streaming from major record labels, as well as from over 80,000 independent record labels. MediaNet provides high quality files, up to 320kbps, with rights secured across multiple international territories for partners including Beats Music, Songza, Target, Univision and others.

“From our very first days of creating digital assets from physical content, managing the growth of our catalog from less than one million tracks when we launched our first consumer service in 2001, to the rapid expansion we see today has been a rewarding challenge,” MediaNet CTO Jeff Wallace explains. “Our strength has been our ability to adapt and innovate the technologies necessary for growing and maintaining a 40 million track catalog while accurately reporting each and every stream and download.”

In addition to catalog fulfillment services, MediaNet offers complete copyright administration and reporting for content owners and digital services covering more than 3.6 million rights holders including artists and labels, composers and publishers, PROs and collection societies worldwide.

Have questions about the MediaNet platform? Ask us here. Want a topic or insight published on this blog? Ask us here. Other questions or comments? Let us know!

About MediaNet
Launched in 2001 as one of the first legal digital music distribution platforms, MediaNet (www.mndigital.com) maintains the world’s largest B2B rights-managed global catalog of more than 40 million tracks matched to over 3.6 million rights holders including composers, publishers, administrators, PROs, collection societies, performers, labels, distributors and more.

MediaNet offers the only commercially available service and platform which hosts, manages, distributes, reports and administers the rights for a global catalog of sound recordings for powering digital music experiences, including streaming music apps, subscription services and download stores. Through its MN Open API, MediaNet provides seamless access and delivery of its multi-territory catalog and rights administration services, which support many popular digital music services around the world such as Beats Music, Songza, Target and Univision.

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