Divo Music Partners with Sony/ATV to Expand Global Publishing Services in India 15 Sep 2020
Divo Music, one of India’s leading digital media and music companies in music distribution and publishing, announced it has partnered with Sony/ATV Music Publishing to administer its publishing rights for overseas markets. Sony/ATV is the leading global music publishing company, which recently expanded into India's music publishing market.
With this new partnership, Sony/ATV will provide publishing and administration services to Divo Music’s extensive community of songwriters, composers and lyricists and deliver new opportunities for their musical works on a global scale.
Guy Henderson, Sony/ATV President, International, stated, “Sony/ATV India takes great pleasure in welcoming Shahir and his great stable of artists and songwriters to the Sony/ATV global family. We are very excited at expanding our Indian repertoire by adding Divo’s new and exciting talent to our global roster and we look forward to being part of their international success both now and the in the years to come.”
Dinraj Shetty, Director, Sony/ATV India said, “We are thrilled to welcome Divo Music to the Sony/ATV Music Publishing family. We look forward to giving Divo Music and its artists transparent and efficient monetization opportunities for their works across multiple platforms, and I’m confident we will achieve great success together in this partnership.”
Shahir Muneer, Director & Founder, Divo Music said, “We are glad to partner with Sony/ATV to help us with our music monetization on the publishing side of the business. Using their strong tech capabilities and our operational and content strengths we will be able to effectively generate a more streamlined approach to collecting our royalties from outside India. And the major benefactor won’t be just our organization but all the music directors and lyricists who are part of those musical works, as they will effectively get royalties faster and more comprehensively which otherwise may have been not reaching them. The digital music industry is booming and publishing royalties from digital is a very key factor and there is great scope to innovate and bring in new offerings. We look forward to our association with Sony/ATV in helping our music business journey.”
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THE HEADLINES
Spotify talks growth, bundle royalties and short-video plans (see Digital)
BPI CEO calls on music industry and government to unite around 5 key priorities to support human artistry and sustainably promote British music (see News)
Hipgnosis Song Management fires back at Songs Fund board (see Business)
Blackstone bid for Hipgnosis receives backing from board (see Business)
Taylor Swift’s new album breaks Spotify records (see News)
Independence - what’s up with that BPI press release about 2023 music consumption? (see Comment)
Creator Remuneration Working Group meet for the first time (see News)
Concord's takeover of Hipgnosis (see Analysis)
Concord set to acquire Hipgnosis Songs Fund (see Business)
Is the music industry gaslighting artists? (see Comment)
BPI’s new Yearbook highlights an independent sector growing for a sixth consecutive year (see Reports)
Can’t cross the moat? Walk around it. (see Comment)
The conversation around Fandom needs to change (see Opinion)
Viagogo: Carrying on ticketing, despite the controversy (see News)
Taylor Swift songs return to TikTok (see Digital)
Spotify plans new remixing tools for the TikTok generation (see Digital)
Is Spotify plotting a largescale push into short-form video? (see Digital)