IBIZA, Spain, May 25, 2016 /PRNewswire/ -- Dubset Media Holdings announced today that it has reached an agreement with Spotify that will dramatically expand the global footprint of its MixBANK distribution platform. The deal makes it possible for DJs all over the world to upload and legally stream their original long-form mixes and single track remixes, creating a brand new revenue stream for the artists whose recordings are sampled and the DJs who create the mixes and remixes. In addition, the new agreement is expected to enable Spotify listeners to stream radio shows and other user generated mixes that have not been previously legally available to music fans. The announcement was made today at the International Music Summit in Ibiza, Spain, an important annual conference for the dance music industry.
"This is a major milestone for DJs and music fans all over the world," said Stephen White, Dubset CEO. "Our technology platform makes it possible for us to identify and pay rights holders in DJ mixes, making this enormously popular music genre available on the world's most popular streaming service for the very first time. We couldn't be more thrilled to be working with the team at Spotify to deliver this content to music fans all over the world."
"Our number one job at Spotify is to deliver great music to fans whenever and wherever they want to listen to it," said Stefan Blom, Chief Strategy Officer and Chief Content Officer at Spotify. "This deal with Dubset enables us to serve fans of dance music with the mixes they crave while ensuring that artists, labels and publishers get paid fairly. It's a great day for music fans all over the world."
"DJs have long been recognized as the greatest curators of music in the world," said Pat Shah, Head of Original Content Licensing at Spotify. "We look forward to working with Dubset and the biggest and best DJs in the world to continue to lead the industry by providing our consumers with the best content available in the market."
The first mixes under the new pact are expected to be available later this year on Spotify. DJs and content remixers who are interested in delivering remixes to Spotify should visit www.dubset.com for more information.
About Dubset Media Holdings, Inc.
Dubset Media Holdings, Inc. (www.dubset.com) is a media technology company solving the challenges associated with identification and monetization of mixed content. Dubset's MixBANK platform enables legal distribution for mixes and remixes partnering with DJs, record labels, and publishers.
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SOURCE Dubset Media Holdings, Inc.