Joint venture between Suisa and the American company Sesac
Together with the US company Sesac (originally: "Society of European Stage Authors and Composers"), Suisa has founded the joint venture Mint Digital Licensing for music rights.
The new company will license the online use of works by Suisa and Sesac members throughout Europe from January 2017. The services offered by the joint venture are also open to other market participants such as (major) publishers or foreign collecting societies, writes Suisa.
According to Suisa Director General Andreas Wegelin, the joint venture represents a repertoire of more than 11.5 million works by Sesac and 4.5 million works by Suisa from a total of more than 110,000 composers, lyricists and publishers.
Sesac is one of the three major US collecting societies for performing rights. The company was founded in 1930 and is organized under private law. John Josephson has been CEO and Chairman for the past two years.
More info:
blog.suisa.ch/en/suisa-gruendet-mit-sesac-das-joint-venture-mint-digital-licensing/
