Over 350 Record Labels and Distribution Companies Sign to Use Rightsrouter(R) Service
Over 350 Record Labels and Distribution Companies Sign to Use Rightsrouter(R) Service
NEW YORK, June 28 /PRNewswire/ -- Broad Street Digital Ltd., a leading license management company specializing in intellectual property rights and digital content distribution, announced today that more than 350 record labels and distribution companies have signed to use its Rightsrouter(R) service since January 2007, including V2 Music, Z-Audio Distribution, CLS, Longrange Recordings, Seamless Recordings, New State Entertainment, Inigo Distribution and Mbop Global. The Rightsrouter(R) platform is a patented digital content licensing management and distribution system that allows a music or video rights holder to catalogue, transact, distribute and manage licensing of its content with the world's major online and mobile retail services.
Beth Appleton, Head of New Media and Business Development for V2 Music remarked, "The Rightsrouter(R) platform enables V2 to quickly and easily deliver our extensive catalogue of content to retailers across the globe. It also allows us to efficiently and accurately manage and track our revenues, reducing administrative costs and streamlining settlement."
Scott Campbell, General Manager at Broad Street Digital commented, "We are very excited about the rapid adoption of Rightsrouter(R) across the music industry. Our unique approach has provided rights holders with a powerful toolset to manage their digital business whilst Broad Street Digital takes care of the technicalities for them in the background. We have seen an increasing number of high profile labels sign with us since January 2007 as we continue to expand our network of retailers including many major wireless and online destinations."
Joel Xavier, A&R Director for Seamless Recordings added, "As an independent UK label group, we don't have the global resources of a major record label. The Rightsrouter(R) platform allows us to reach our targeted online retailers around the world with consummate ease and customize our digital distribution. This versatile system allows us to create significant new revenue streams, nurture existing relationships with established contacts, and market our singles as well as our growing artist and compilation repertoires. With the help of Broad Street Digital, we can compete with the major record labels without the expenses and resources typically needed to reach a global market."
The latest version of Rightsrouter(R) provides rights holders and retailers with simple, online tools via an electronic marketplace for contract management, encoding, distribution, billing reconciliation and settlement for digital music assets. The Rightsrouter(R) toolset enables:
-- Origination through direct ripping of CDs or local WAV files
-- Single click file encoding into all required formats
-- Data origination through simple graphic user interface (GUI)
-- Rights management by region or individual territory
-- A Contract Management suite that allows for contract posting or opt ins
and outs on existing distributor's contracts
-- A one-stop accounting solution to receive one consolidated report and
payment from all licensees
About Broad Street Digital Ltd.
Broad Street Digital is a global license management company specializing in intellectual property rights and digital content distribution.
Broad Street Digital developed and operates the patented Rightsrouter(R) license management platform that enables a music, video or photo rights holder to catalogue, transact, distribute and manage licensing of its content with the world's major online and mobile retail services. Online music and video retailers ranging from major platforms to key independents and niche specialists, are able to view their existing purchased inventory, review current contractual requirements, and determine monies owed collectively for all content purchases.
Broad Street Digital is a division of Arbinet Digital Media Corp., a wholly owned subsidiary of Arbinet-thexchange, Inc., (NASDAQ:ARBX), the leading provider of solutions to simplify the exchange of digital communications.
For more information about Broad Street Digital, visit http://www.broadstreetdigital.com/ or contact Alex Branson at +44 (0) 20 7338 0583 or via email at abranson@broadstreetdigital.com.
For more information about Arbinet, visit http://www.arbinet.com/.
Carolyn Robertson
STC Associates
1.212.725.1900 ext. 204
carolyn@stcassociates.com
Scott Campbell
Broad Street Digital
1.917.320.2066
scampbell@broadstreetdigital.com
Source: Broad Street Digital Ltd.
CONTACT: Carolyn Robertson of STC Associates, +1-212-725-1900 ext. 204,
carolyn@stcassociates.com, for Broad Street Digital Ltd.; or Scott Campbell of
Broad Street Digital, +1-917-320-2066, scampbell@broadstreetdigital.com
Web site:
http://www.broadstreetdigital.com/
http://www.arbinet.com/
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