MTV founder John A. Lack launches streaming service
CÜR Media, Inc., chaired by MTV founder John A. Lack and vice chaired by former RCA Chairman/CEO Bob Jamieson, has announced a deal with Beats Music, HMV and Songza’s B2B partner Medianet.
The pair have entered into a digital content streaming agreement in preparation for the launch of CÜR Music this year. The agreement gives subscribers to CÜR Music access to MediaNet's library of over 22 million songs from all majors and over 80,000 independent labels. MediaNet will also manage CÜR Music’s licensing, royalty payments, reporting, encoding, and security.
The service has already launched in Alpha in the US and is said to integrate the features found on internet radio services like Pandora and on-demand services like Spotify.
Tom Brophy, Founder and CEO of CÜR Media, said in a statement, "This agreement with MediaNet is another important step forward for CÜR as we move toward the launch of CÜR Music, our next generation social music experience. As we work towards agreements with record labels and other content providers, giving our audience direct access to that content through one of the most robust libraries of music in the world is a critical component for our company as we position our CÜR Music app for its anticipated release later this year. We continue to work diligently on procuring additional content and developing unique features to push the boundaries of our application beyond traditional music streaming and into a completely immersive experience that will enable people to personalize, share, and create. We look forward to capitalizing on our vision and establishing CÜR Media as a leading platform in digital entertainment."
Frank Johnson, CEO of MediaNet, added, "We are excited to partner with the team at CÜR as they move toward the launch of their next generation music experience. By gaining access to our extensive library of songs, CÜR Music will be well positioned, from a content and royalty administration perspective, to foster the social sharing and creative aspects that will make it such a unique streaming music platform. We look forward to working together with CÜR to support their initial launch and all of their future growth plans, through our robust catalogue fulfillment and royalty reporting capabilities."