Charles Caldas |
The deal - which applies to Pandora's business in the United States - brings together Merlin's membership of leading independent labels with Pandora's unmatched scale and music discovery expertise, creating new opportunities to build audiences and connect with fans.
"For the independent sector, internet radio is an increasingly important part of the digital market, and we want to see it continue to grow, and grow fast," said Charles Caldas, CEO of Merlin. "For the thousands of labels Merlin represents, this agreement with Pandora provides a real best of both worlds scenario: a hugely important opportunity to increase our members' revenues and access unparalleled opportunities for exposure, whilst continuing to support a collective licensing framework."
Brian McAndrews |
Merlin's membership embodies over 20,000 independent record labels and distributors worldwide. According to Merlin, these labels command around a 10 percent share of the global and US streaming music markets. The new partnership will enable participating labels and the artists they represent to take advantage of the unprecedented marketing capabilities of Pandora's connected platform.
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