Tips Music and Sony Music Publishing sign global deal – ET BrandEquity
Tips Music (file photo)Tips Music (Tips Industries) has signed a global publishing agreement with Sony Music Publishing (SMP).
The deal will enable Sony Music Publishing to administer and promote the songs globally, expanding the reach and audience of Tips Music’s extensive catalogue, the company stated in the press release.
This collaboration between Tips Music and Sony Music Publishing is an indication of the growing demand for Indian music and the opportunities it offers for collaboration and growth.
The deal between Tips Music and SMP is anticipated to boost the publishing and royalty earnings of the Bollywood music label while enabling its artists to attain a more extensive global audience.
The agreement covers administration, synchronization, and catalogue promotion of the Indian music label’s repertoire. SMP will also be promoting Tips Music’s wide array of songs in international markets.
Kumar Taurani, managing director of Tips Industries (Tips Music) said, “We are thrilled to partner with Sony Music Publishing, one of the most prestigious music publishing companies in the world. This agreement is an excellent opportunity for us to expand our reach and showcase our music to a global audience.”
“This partnership will not only increase our publishing and royalty collection, but undoubtedly take Indian music to international shores, entertaining audiences around the globe,” Taurani added.
Guy Henderson, president, International of Sony Music Publishing said, “It gives me great pleasure to welcome Kumar and his team at Tips to the Sony Music Publishing family. Tips have established an amazing collection of songs over their more than thirty years in this business and continue to add to this legacy globally as Indian repertoire takes its rightful place on the world stage. With our global reach we look forward to working with Tips to grow both its business and that of its songwriters.”
Dinraj Shetty, director, Sony Music Publishing India said, “We at SMP are delighted to enter into partnership with Tips Music, one of the richest music catalogues of India, and to represent them across global markets.”
EFL clubs unanimously voted to accept the deal, which will see over 1,000 matches being broadcast or streamed from the 2024-25 to 2028-29 seasons.
- Published On May 9, 2023 at 01:50 PM IST
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