2014

Grooveshark Signs Licensing Agreement with Sony/ATV Music Publishing

GAINESVILLE, Fla., Aug. 27, 2013 /PRNewswire-iReach/ -- Grooveshark has reached a settlement and has signed licensing agreements with Sony/ATV Music Publishing. The agreements, the terms of which are confidential, resolve all matters and disputes between Grooveshark and Sony/ATV Music Publishing to their mutual satisfaction. This marks the second licensing deal Grooveshark has recently made with a major publisher.

"We are excited to add Sony/ATV Music's impressive array of songwriters to our catalogue further advancing our mission to empower creators with the best audio platform in the world," says Grooveshark CEO and Co-founder, Sam Tarantino.

According to Music & Copyright research by Informa, Sony/ATV Music Publishing is the largest music publisher with a catalogue of compositions that accounted for over 30% revenue market share for 2012, the most recent full calendar year.

Grooveshark currently licenses content from thousands of artists, publishers, labels, and distributors.  Interested content owners and creators are encouraged to contact licensing@grooveshark.com or visit http://grooveshark.com/artists to benefit from Grooveshark's open artist distribution platform.

Sources: musicandcopyright.com

About Grooveshark

Founded in 2006, Grooveshark is an audio distribution platform with more than 30 million monthly active users leveraging technology to discover and grow the world's most talented artists. Our service has pioneered music streaming and search, web artist promotion, as well as fan data analysis; and now is re-inventing the broadcast radio industry by empowering anyone to create a worldwide radio show with a single click.

For more information about Grooveshark, please contact Press@Grooveshark.com.

Media Contact: Sam Tarantino Grooveshark, Escape Media Group/Grooveshark, 352-283-8012, press@grooveshark.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Grooveshark




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