Michael Gudinski’s Mushroom Group has teamed up with music rights and royalties expert Susan Cotchin to launch Good Neighbour, a new neighboring rights company.
Cotchin, who has been described as a “walking encyclopedia” of neighboring rights, which refer to the performance right in sound recordings, started her career in the U.K. with the Performing Artists’ Media Right Association (PAMRA, now merged with PPL and AURA) back in 2000. Three years later, Cotchin founded her own company in Melbourne, International Royalties Rescue (IRR).
Through this new alliance, Gudinski’s Australian independent music colossus acquires IRR for an undisclosed sum, with Cotchin guiding the new venture as managing director.
Also joining the team is Zoe Coverdale, a Mushroom Music Publishing veteran who’s tapped as business development manager for Good Neighbour. Coverdale, who was instrumental in the creation of the new business, has 12 years’ experience managing Mushroom Music’s international department, and will remain in that role working alongside Cotchin.
“We are always looking for new opportunities to grow and develop the Mushroom Group’s network of companies,” explains Gudinski in a statement unveiling the new venture. “Neighboring rights is an intricate area of royalty collection that we’ve wanted to move into and naturally complements our other businesses.” However, he adds, “we recognized it was important to have the specialist knowledge and experience required to service our clients properly.”
Gudinski praised Cotchin’s expertise and understanding of neighboring rights as “second to none” and said partnering with her was a win-win. “I am excited to see what the company can achieve both within Australia and internationally,” he enthuses.
IRR clients including Gang of Youths, Empire of the Sun, Jet, The Avalanches, Middle Kids, The Temper Trap, Paul Kelly, John Farnham and more, and will continue to be serviced by Cotchin under the new company.
“When I was approached by The Mushroom Group and witnessed their professionalism and ongoing determination to manage neighboring rights correctly, it made my decision to join forces an easy and obvious one,” adds Cotchin in the statement, issued late Wednesday.
Established by Gudinski in 1973, Mushroom is home to more than two-dozen companies which reach into touring, booking agencies, record labels, publishing, merch and marketing services, venues, exhibition and events production, creative branding and now neighboring rights.
“We launch Good Neighbour not as a start-up but as a leader in neighboring rights from day one,” adds Cotchin. “The result of our combined interests and connections will enable us to extend our reach to more performers, without diluting the personal service we are famous for. We make a formidable team.”