Swiss collecting society SUISA and US rights organisation SESAC Holdings are combining efforts to create Mint Digital Licensing. They are calling it “the first transatlantic alliance between organisations that represent musical works on behalf of music publishers, songwriters and composers”.
It will not roll out fully until the start of 2017. Under the JV, the two companies will handle the licensing and administration of compositions on online music services. They claim their partnership will result in increased song matching (a major concern in the digital age), faster payments and greater transparency. John Josephson, chairman and CEO of SESAC Holdings said, “Mint Digital Licensing represents the first step in SESAC Holdings’ plan to build a multi-regional licensing platform at scale […] Together, we will significantly improve online licensing for creators, copyright owners and DSPs.”
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