Naples, Florida — May 23, 2019 — InvestorsHub NewsWire — via Pro Music Rights — 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 num- ber 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 or- ganization of its kind formed in the United States. The organization was started by Jake P. Noch – En- trepreneur, 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 cor- rect 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 Per- forming 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 per- formers, 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 royal- ties. 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 royal- ties 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, la- bels, writers, and publishers, by bringing together technology such as its set.fm (www.set.fm) plat- form, 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 In- ternational, founder and former president of TBA Entertainment, and chairman of Heritage Trust Com- pany (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.
For Pro Music Rights
Investor Relations / [email protected]
For VNUE, Inc.
Investor Relations / [email protected]
SOURCE: Pro Music Rights