Lionheart International, one of the largest record labels in Sweden, and RightsFlow, a provider of licensing and royalty services, announced today that Lionheart International will utilize RightsFlow's proprietary mechanical licensing system ("FLOW") to license, account, and pay publisher royalties for DPD, interactive streams and limited downloads of its catalogue, including subscription and ad-supported models.
"Partnering with RightsFlow alleviates the complexity of handling publishing rights for the United States for digital downloads and now streaming services." stated Robert Olausson of Lionheart International. "In RightsFlow, we have a proven partner who can assist in remedying this area of business."
"RightsFlow is very happy to announce this latest agreement with Lionheart International," stated Duncan Hutchison, Chief Content Officer of RightsFlow. "We are excited to help further Lionheart International's goal of having a one-stop solution to handle their U.S. mechanical licensing, accounting, and royalty needs."
Under U.S. Copyright Law, mechanical licenses are required for music to be distributed through online music services. The current U.S. statutory mechanical rate for permanent downloads is 9.1¢ for songs five minutes or less and 1.75¢ per minute for songs over five minutes. Limited download and interactive streaming services generally pay a mechanical royalty of 10.5 percent of revenue, less amounts owed for performance royalties. RightsFlow's licensing service utilizes the bulk licensing system of The Harry Fox Agency, Inc. (HFA), a leading U.S. music rights licensing organization, to ensure publishers and songwriters are properly compensated under U.S. law.
About Lionheart International:
Lionheart International is one of the biggest record companies in Sweden. The company was established in 1990 and has enjoyed constant major success domestically as well as internationally. Since August 2007 we are also a part of the Universal Music family, however still working as a stand alone company. Our main target has always been to deliver good music and artists in a wide variety of styles and genres. Today, the catalogue includes some of the most exciting Swedish and Scandinavian artists.
About RightsFlow:
RightsFlow offers Mechanical Licensing & Royalty Solutions for labels, distributors, and online music services. We specialize in obtaining bulk mechanical, DPD, and ringtone licenses including streaming, tethered, and limited downloads rights. Our proprietary "FLOW" system allows us to license, account, and pay royalties directly to the Harry Fox Agency (HFA) and the thousands of publishers not represented by HFA. Today, RightsFlow services over 1,200 labels for mechanical and DPD licensing. Some of the many clients we service include marquee companies such as EMI Music, Muzak, Active International, Artspages, CD Baby, Mint Records, IODA, Pandigital, TV Land, Audible Magic, One Italia, YouLicense, Constellation Wines (Blackstone), X5 Music Group, Zebralution, 180 Music, La Cupula Music, C.A.M. Original Soundtracks, BFM Digital, and Disc Makers, among others. For more information on RightsFlow's services and management team, visit http://www.rightsflow.com
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