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The Deals: Soundstripe Acquires Synch Platform The Rights, Sonny Fodera’s Label Re-Ups With ADA
Soundstripe acquired synch platform The Rights and more music deals, including Sonny Fodera's record label re-upping with Warner Music Group's ADA.
According to a press release, the deal will help Soundstripe “accelerate its development of the music industry’s most robust click-to-license platform,” which is slated to launch in the first half of this year. Record label LASAL announced a strategic distribution and joint venture partnership with Capitol CMG, marking “a new era in the faith-based music industry and a significant milestone for both companies,” according to a press release. The launch is being supported by Greenhouse Talent, ID&T, Mojo Concerts and This is Live, as well as ambassadors Robbie Williams and MassiveMusic founder Hans Brouwer.
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