IRMA Records expands its sync licensing horizons to the Web3 universe through integration with Dequency
ANote Music
September 16, 2022
2 min read
The Web3 environment continues to present new opportunities for music catalogue owners to monetize their assets, and today it’s time for some great news for those who are owning shares of the IRMA Records Publishing Catalogue, which is available for trading on ANote Music.
At the beginning of September, IRMA Records made a selection of songs from its music catalogue available for sync licensing on Dequency, the world’s first blockchain-powered sync licensing platform.
Thanks to this partnership, producers of Web3 media looking to purchase the rights to use music in their projects will be able to obtain the licenses for the available songs from the IRMA Records Catalogue, which translates in increased possibilities for IRMA’s Catalogue to generate royalties from sync licensing. Following and according to the ‘Listing Order’, investors on the ANote Music platform are entitled to receive a share of synchronisation royalties - hence, they will also receive a portion of all the licensing fees collected through Dequency.
We are pleased to observe the first catalogue ever listed on the ANote Music platform to work with another music industry player within the Algorand ecosystem, and we are looking forward to seeing what these new opportunities will bring as positive impact on the catalogue’s performance in the future.
Looking to learn more about this music catalogue? Go visit the ANote Music platform, create an account or log in, and discover all financial details and relevant insights about all aforementioned assets. Click here to visit the platform.
Stay tuned!
This article is for general information and educational purposes only and is not financial or investment advice, a recommendation, or a solicitation to buy, sell, or hold any royalty interest or intellectual property right, nor does it consider any individual's circumstances or risk profile. Royalty income is variable and not guaranteed, the value of royalty interests can rise or fall, and you may lose some or all of the amount committed; where a secondary market exists, you may not be able to sell immediately or at a particular price. Any historical figures, index data, or market behaviour referred to are for information only and do not guarantee future results, liquidity, or protection from losses.
