BMG has announced a licensing deal with Swedish sampling service Tracklib, becoming the latest music company to make some of its catalogue available on the platform. BMG said that it will provide “a selection of quality music from its massive catalogue” to Tracklib, where it will be made available for producers to sample and use in their work with full clearance.
“Actively licensing our recorded repertoire is a key service BMG offers. Tracklib offers a new outlet which promises to benefit everyone involved in sampling,” said BMG’s VP of global licensing Pete Gardiner. The deal will swell Tracklib’s catalogue of sampleable tracks, which currently stands at more than 100k. “Our partnership with BMG demonstrates how established labels and publishers are getting behind our new approach to music licensing,” said its CEO Pär Almqvist.
The news follows Tracklib’s $1.7m funding round in May 2019 from Sony Innovation Fund, WndrCo and Jörg Mohaupt. Tracklib said then that it was paving the way for a full Series A funding round.