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A groundbreaking licensing deal forged by UK collection societies MCPS and PRS and organisations including the European Digital Media Association (EDiMA) is to establish a one-stop shop for online royalty collection.
Under the agreement, online music companies will be able to clear both mechanical and performing rights for most types of online exploitation with a single royalty payment.
MCPS-PRS Alliance chief executive John Hutchinson says the deal is the culmination of a year's consultation with the organisations' members and online music companies.
Hutchinson says, "[With this deal] we have really tried to listen to the needs of everyone involved. It's simple, all-embracing and convenient and covers webcasting, downloads and streaming, embracing all composer and publisher rights."
Previously, digital rights management was ...