AllTrack Bolsters Industry Position with Neighbouring Rights Acquisition

AllTrack, a music licensing and rights management firm, recently expanded its services by acquiring the neighbouring rights assets of Number13. This move marks a significant development in the company’s offerings, solidifying its position in the industry. The acquisition includes the expertise of Wade Metzler, a seasoned professional in the music rights landscape, who now leads AllTrack’s newly established neighbouring rights division.

Neighbouring rights, which encompass the public performance of sound recordings, are a crucial aspect of music rights management. Through this strategic acquisition, AllTrack now represents a diverse array of artists and labels, enabling them to maximize their revenue potential. With a focus on enhancing recording-level metadata and utilizing modern technology, AllTrack aims to streamline the process of managing neighbouring rights and royalty collections for its members.

Hayden Bower, the founder and CEO of AllTrack, emphasized the importance of optimizing revenue streams for artists and labels. By leveraging their proprietary technology and industry expertise, AllTrack is dedicated to empowering creators to fully capitalize on their earnings. Neighbouring rights, although complex, play a vital role in ensuring that artists receive fair compensation for their work, especially in today’s digital music landscape.

Wade Metzler, a veteran in the music rights sector, expressed his enthusiasm for joining AllTrack and spearheading the neighbouring rights division. With a career spanning various key positions in the music industry, Metzler brings a wealth of experience to the table. His collaboration with AllTrack signifies a commitment to championing the rights of creators and providing them with the tools to navigate the evolving music rights landscape effectively.

In the United States, neighbouring rights cover non-interactive performances on platforms like SiriusXM and streaming services. Beyond the U.S., these rights extend to broadcast radio, TV, and even revenue generated from local establishments such as bars and restaurants. AllTrack’s network of relationships with country-level collective management organizations (CMOs) enables them to collect neighbouring rights royalties globally, ensuring that artists receive their due compensation.

The acquisition of Number13 is part of AllTrack’s broader vision to enhance its capabilities as a leading CMO in the market. By combining innovative technology with a commitment to maximizing value for music creators and licensees, AllTrack is poised to drive positive change in the music rights management landscape. Moving forward, the company remains open to further expansion opportunities that align with its mission of empowering artists and maximizing revenue streams.

The integration of Number13’s assets into AllTrack’s operations represents a significant step forward in the company’s growth trajectory. As the music industry continues to evolve, the importance of efficient and transparent rights management cannot be overstated. AllTrack’s dedication to providing comprehensive services and empowering artists underscores its commitment to advancing the interests of the creative community.