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Wednesday July 30, 2008, London: Soundnet has renewed its five licences with the Phonographic Performance Ltd (PPL) and sister collection society Video Performance Ltd (VPL).
Soundnet signed its first digital audio jukebox licence in 2005. It was a landmark in music licensing as it allowed 30,000 digital tracks to be held on a jukebox hard drive. This allowed Soundnet to offer customers the entire Top 40 UK charts since their inception in 1952 - all on one box.
The first hard-disc digital video jukebox licence was signed by Soundnet in 2001. This was another milestone for the jukebox industry as it brought the cumbersome VHS video jukebox into the 21st Century and revitalised sales.
The Soundnet service is threefold:
1. Profiling: Soundnet picks the music that suits the location, ensuring the right tracks are available to play at the right times of the day
2. Updating: Soundnet deals with over 350 UK record companies getting content on to the jukeboxes before it can be bought in the shops
3. Licensing: Soundnet ensures the customer is licensed - by paying the PPL & VPL
"I am delighted to be re-signing all the PPL & VPL agreements with Soundnet. PPL And VPL have worked successfully in partnership with Soundnet for many years and I look forward to that continuing for many years to come," said Richard Stewart, Rights Negotiation Executive
"Soundnet is thrilled to have renegotiated these vital licences with the PPL and VPL. As market leaders in the jukebox industry we know how important it is to reassure our customers that all necessary fees have been paid to the artists whose music we supply," said Simon Davis, director Soundnet.
"By renewing these landmark licences we have paved the way for the UK digital jukebox industry going forward but we are not resting here. As the only jukebox company represented in the Music Users Council we are also working hard to improve music users' rights in the UK and in Europe," he added.
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