SESAC and Swiss collecting society SUISA have collaborated on a new joint venture in licensing and rights administration for digital music services. Mint Digital Licensing is a multi-territory platform that will issue single source licenses for the reproduction, distribution, and performance rights for the combined groups’ catalogs. It will also administer licenses that are directly negotiated between publishers and online music platforms. The deal is meant to streamline the license negotiation process, which the European Commission has noted as a goal.
“Mint Digital Licensing represents the first step in SESAC Holdings’ plan to build a multi-regional licensing platform at scale,” SESAC Chairman and CEO John Josephson said. “The key to our success will be an unrelenting focus on our customer’s needs, access to the most comprehensive and accurate data available in the market and a best of breed technology solution.”