Independent publisher Imagem Music Group and digital rights management company Fintage House have announced a joint venture partnership to provide global neighboring right services for a client roster that includes Pink Floyd, Elvis Presley, Iron Maiden and Daft Punk.
Called FIM, the enterprise is effective immediately and replaces the previous arrangement whereby Imagem collected neighboring rights — collected for the use of music in public spaces by broadcasters, bars, restaurants and shopping malls — on behalf of clients either directly or via U.K. society PPL. As part of the joint venture, Heide Avent, neighboring rights manager at Imagem, will join FIM, with part of her remit being expanding the publisher client base in the sector.
“We are very happy to be working with Imagem for the collection of neighboring rights for their artists across the board from pop to classical stars,” said Niels Teves, joint CEO of Fintage House, in a statement. He went on to say that the collection of neighboring rights remains “a highly complicated and detailed business requiring close personal attention. Understanding each client need and set-up on an individual basis is a key part of this.”
Teves’ words were echoed by Imagem CEO André de Raaff, who called Fintage House “a market leader in the sector.” He went on to say that, “under the leadership of Niels Teves, they will help us to optimize the income of this specialized IP right from all sources worldwide.”
Imagem Music Group is the world’s largest independent music publisher and, in addition to Pink Floyd and Elvis Presley, represents Phil Collins, Genesis, Mark Ronson, M.I.A. and Bombay Bicycle Club, alongside the catalogs of classical and stage publishing houses Boosey & Hawkes and Rodgers & Hammerstein.