What is UGC Music Rights Platform (UMRP)?
UGC Music Rights Platform is designed to monetize the use of music by social networks.
Who will benefit from this platform?
Any company that allows for their users to upload content can leverage UMRP to monetize content with copyrighted music.
When is the general release?
As a platform currently doing business with Audible Magic, should I expect any changes?
Current customers will continue to enjoy the benefits of Audible Magic under their current service agreements. Current customers will have opportunities to access enhanced services on the UMRP as it rolls out. Platforms will need to contact their sales representative.