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MelodyVR signs 4 music licensing agreements

13 Mar 2019 07:00

RNS Number : 3653S
EVR Holdings PLC
13 March 2019
 

11th March 2019

EVR Holdings plc

('EVR' or the 'Company')

 

MelodyVR enters into 4 additional music licensing agreements

 

EVR Holdings plc (AIM: EVRH), a leading creator of virtual reality music content, is pleased to announce that its subsidiary MelodyVR Ltd ('MelodyVR') has entered into music licensing agreements with the following organisations:

 

1. UMPI Ltd, a part of the Universal Music Publishing Group ('UMPG'), one of the world's largest music publishers. This agreement is administered by SACEM and covers UMPG's notable signings include the likes of Florence & The Machine, Mumford & Sons, Billie Eilish, J.Cole, Post Malone and Nicki Minaj.

 

2. Publishing agreement with SACEM, the Society of Authors, Composers, and Publishers of Music, who represents the rights of authors and composers in France, such as David Guetta and Mylene Farmer.

 

3. ASCAP, the American Society of Composers, Authors and Publishers, representing the public performances of their members' musical copyright in the United States, representing the rights of songwriters such as Kendrick Lamar and St. Vincent.

 

4. BMI, Broadcast Music Inc, collecting and distributing public performance license fees on behalf of their songwriter, composer and music publisher members across the United States, representing the rights of songwriters such as Lady Gaga and Childish Gambino.

 

Anthony Matchett, CEO of EVR Holdings, said: "As MelodyVR continues to expand, these four music licensing deals enhance our opportunities for content creation and distribution on a global basis. Following a successful 2018 and with an exciting 2019 ahead, these agreements extend our position as the world's only licensed VR music platform."

 

For further information please contact:

EVR Holdings plc

 

Anthony Matchett, Executive Chairman & CEO

Tel: +44 (0) 20 7097 5737

Andy Brown, Chief Financial Officer

www.evrholdings.com

 

 

Investec Bank plc: Nominated Adviser, Financial Adviser and Corporate Broker

Tel: +44 (0) 20 7597 5970

Corporate Finance: David Anderson / Junya Iwamoto

 

Corporate Broking: Sara Hale

 

 

Notes to Editors:

MelodyVR is a wholly owned subsidiary of EVR Holdings plc ('EVR'), a company that is listed on the AIM market of the London Stock Exchange under the ticker EVRH.L. EVR, a creator of virtual reality content, joined AIM on 16 May 2016 following a reverse takeover of Armstrong Ventures plc. Further information can be viewed at www.evrholdings.com and www.melodyvr.com

 

For more information on Melody VR, please visit:

www.melodyvr.com

 

- Ends -

 

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