Press Clipping
12/23/2016
Article
Music Publishing News 12.23.16: Nielsen Buys Gracenote • Facebook vs Publishers • Loudr Pays Out $1M
• Mechanical licensing and administration service Loudr has distributed over $1 million in royalties to music publishers worldwide over the last few years. Since the sale of their digital distribution business earlier this year, Loudr has focused on solving the problem of how to identify music publishers, songwriters, and other rightsholders and issue royalty payments and statements for the use of their compositions. Loudr CEO Chris Crawford said, “Loudr’s goal is to provide infrastructure to address rights and royalties in the real world. Since we’re well past the brick-and-mortar era of music distribution, it’s important to make sure that the systems for paying creators and rights holders keeps up with the pace of digital music.”