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Privately-Funded For-Profit Public Performing Rights Organization
Welcomes Artist to Growing Roster of Music Stars
NAPLES, Fla.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24AAPL&src=ctag” target=”_blank”gt;$AAPLlt;/agt; lt;a href=”https://twitter.com/hashtag/PMR?src=hash” target=”_blank”gt;#PMRlt;/agt;–Pro Music Rights, the groundbreaking performing rights organization
(PRO) that recently partnered with music technology company VNUE, Inc.
(OTC:VNUE) to require its Soundstr MRT (Music Recognition Technology)
for all of its licensees, is proud to announce the signing of
Billboard-charting recording artist and songwriter OG Maco.
OG Maco is best known for his 2014 debut single entitled “U Guessed It,”
a viral hit that peaked at number 90 on the US Billboard Hot 100 Charts.
OG Maco has collaborated with dozens of artists, including Migos, Diplo,
2 Chainz, Gucci Mane, Waka Flocka Flame, Offset, Fallout Boy, and many
more.
“I’m overjoyed that OG Maco has chosen to bring his catalog to the Pro
Music Rights family,” Pro Music Rights Founder and CEO Jake P. Noch said
in a statement. “He is a standout star in our sterling—and
rapidly-expanding—roster of some of the world’s greatest musical
catalogs.”
Pro Music Rights is a privately-funded, for-profit performing rights
organization, only the fifth-ever organization of its kind formed in the
United States. The organization was started by Jake P. Noch –
Entrepreneur, Music Industry Executive, and Musician – in 2018. In that
short amount of time, Pro Music Rights has already secured a market
share of 7.4% in the USA and represents thousands of artist brands
throughout the industry. Pro Music Rights repertoire includes works that
feature such notable acts as Snoop Dog, A$AP Rocky, Wiz Khalifa,
Pharrell, Young Jeezy, Julez Santana, Lil’ Yachty, the late Nipsey
Hussle & Countless more. VNUE’s Soundstr technology will track and audit
music plays, so that the correct rights holders are compensated.
VNUE, Inc. CEO Zach Bair said, “With the addition of OG Maco to Pro
Music Rights’ roster, the industry should take note that artists will no
longer have to stand idle while their royalties are tied up in an
opaque, antiquated system, where no one, particularly the songwriters
and artists, really knows where that money goes or if they are being
paid their due. I am excited to work with Jake, and for VNUE to provide
the underlying technology in helping to shape this new and innovative
model, one which we believe will be the future of general music
licensing.”
“Over my years in the industry, I’ve seen and experienced all the
systematic issues caused by other Performing Rights Organizations that
drag the creative industry down as a whole,” continued Noch. “They
hinder the livelihoods of the entire creative community. The Pro Music
Rights model, which leverages VNUE’s Soundstr Music Recognition
Technology (soundstr.com) to create a true ‘pay-per-play’ system, aims
to disrupt the old way of doing things and will create a better world
for musical artists & music publishers everywhere.”
OG Maco says he “is so happy to finally be able to advance my career
with a company and a CEO I’d trust not only with my wallet but with my
life,” speaking about Pro Music Rights and Jake Noch. He adds, “Pro
Music Rights is the future of artists rights and the perfect way to meld
the interests of the artists and the acumen of a Fortune 500 company.”
With the Pro Music Rights model, 100% of all public performance
royalties are paid directly to the performers, songwriters, publishers,
and legally-entitled rights holders—like OG Maco—who get paid on a
monthly basis—all without having administrative fees deducted from their
public performance royalties. The extensive Pro Music Rights catalog
represents over 2,200,000+ works.
Pro Music Rights is actively reaching out to major DSPs such as Apple
(Nasdaq:AAPL), Google (Nasdaq:GOOGL), Amazon (Nasdaq:AMZN), Spotify
(NYSE:SPOT), Facebook (NASDAQ:FB), 7Digital (LON:7DIG), Tencent
(OTCMKTS:TCTZF), Microsoft (NASDAQ:MSFT) Sirius XM (NASDAQ:SIRI) and
more, to reach licensing agreements for Pro Music Rights catalog music
played on each service through its Global IP Counsel Richard
Gora, Esq. of Gora
LLC, http://goralaw.com.
All agreements will require Soundstr monitoring and auditing.
About Pro Music Rights, LLC. (https://promusicrights.com)
Pro Music Rights is the 5th ever formed public performance rights
organization (PRO) in the United States, that controls a market share of
7.4% in the USA and that represents over 2,000,000 works, some that
feature such notable acts as some as Snoop Dogg, A$AP Rocky, Wiz
Khalifa, Pharrell, Young Jeezy, the late Nipsey Hussle, and many others.
Pro Music Rights pays 100% of all public performance royalties directly
to the performers, songwriters, publishers, and legally entitled rights
holders who have joined Pro Music Rights on a monthly basis. Jake P.
Noch founded Pro Music Rights in January of 2018 and serves as the
company’s CEO after experiencing firsthand the systematic issues that
plague the field of public performance rights, and hinders the
livelihood of performers, songwriters, publishers, and the creative
community as a whole. For more information, please visit (https://promusicrights.com).
About VNUE, Inc. / Soundstr (www.vnue.com
• www.soundstr.com)
VNUE, Inc., (OTC: VNUE) is dedicated to further monetizing the live
music experience for artists, labels, writers, and publishers, by
bringing together technology such as its set.fm (www.set.fm)
platform, exclusive license partner and “instant live” pioneer DiscLive (www.disclive.net),
and music recognition technology (MRT) Soundstr (www.soundstr.com),
which helps businesses pay fairer music license fees based on actual
music usage. The veteran entrepreneurs, artists and songwriters
behind VNUE are passionate about the future of their industry and
ensuring that rights holders’ value is not lost amid always-changing
technology. VNUE’s team led by CEO Zach Bair, known as the pioneer in
“instant live” recording, has produced live content and created
experiential products for over 15 years for artists and companies
including Slash, Seether, Peter Frampton, Foreigner, The Pixies,
Blondie, EMI, Capitol Records, Rob Thomas, Bad Company, REO Speedwagon,
Devo, and many more. In addition to Bair, the company’s leadership team
also includes Lou Mann, former GM of Capitol Records and former
president of House of Blues Media Properties; Jock Weaver, former
president of Hard Rock International, founder and former president of
TBA Entertainment, and chairman of Heritage Trust Company (a private
equity firm); Jim King, former EVP at BMI, and who held “C” level
positions at other major companies; Tony “Montana” Cardenas, founder of
DiskFaktory and a platinum-selling Capitol Records recording artist and
writer formerly with the band Great White; and Jeff Zakim, former head
of Digital for Blue Note Records, and Global Digital Strategy for EMI
Music.
Contacts
For Pro Music Rights
Jake Noch
Investor Relations / press@promusicrights.com
For VNUE, Inc.
Investor Relations / press@vnue.com
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