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APM Music Partners With Qwire to Improve Cue Sheet Reporting - PR Newswire
APM Music, a music production company with more than 860,000 tracks from over 185 countries, has announced an agreement with enterprise music licensing platform Qwire. The deal represents a partnership between two leaders in the music for media industry.
LOS ANGELES, Nov. 19, 2020 /PRNewswire/ -- APM Music, a music production company with more than 860,000 tracks from over 185 countries, has announced an agreement with enterprise music licensing platform Qwire. The deal represents a partnership between two leaders in the music for media industry.
Per the agreement, APM Music will license Qwire's software to offer their clients advanced technology for cue sheet reporting. APM will also provide Qwire with access to metadata from its entire library, saving Qwire's clients time when licensing APM's music. In exchange, Qwire users will gain access to APM Music's full music database.
"We are excited to be working with the great Qwire team on the integration of their new cue sheet software into the APM website," says Adam Taylor, president and CEO of APM Music. "We look forward to offering our clients an exciting array of advanced cue sheet tools and services that will provide APM users with a superior cue sheet reporting and workflow management experience."
Because cue sheets are often filed incorrectly, many music libraries don't receive royalties for use of their tracks. Using Qwire's cue sheet reporting software, APM Music's clients will improve their ability to file timely and accurate cue sheets, helping ensure that music royalties are paid correctly.
"Everyone benefits from better cue sheet reporting and more access to music," says Scott Freiman, co-founder, and CEO of Qwire. "APM has done a great job collecting and labeling these tracks, which will save our clients time they'd otherwise spend hunting down details, such as usage rights and publishers."
In addition to cue sheet reporting, Qwire's software provides up-to-the-minute information on rights, clearances, and budgets. Its products help filmmakers, television producers, marketers, and advertisers navigate the financial and regulatory hurdles of music licensing.
Qwire hopes to leverage the deal to develop additional partnerships with content owners and creators. "I'm excited to have an industry leader validate our product and our company, and the APM relationship will be a great benefit to all Qwire's clients."
APM Music is located in Hollywood, California, and is the go-to source for production music. Founded in 1983, APM Music is the largest production music library in North America.
Founded in 2012 in Los Angeles, California, Qwire creates cloud-based software that addresses significant problems with music licensing and royalty reporting common to companies working with music-for-picture, rights holders and Performance Rights Organizations.
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Florence and the Machine’s performance of Jenny of Oldstones, which appeared over the closing credits of the April 21st HBO’s Game Of Thrones episode, has registered the most Shazams in 24 hours ever.The placing of a song has always had the ability to transform its fortunes, and that has never been more the case than now. The music sync market is booming, with the number of syncs higher than ever and more platforms and productions seeking new music. It is also a market with a host of structural challenges, which is the focus of MIDiA’s latest major new report on the music sync market – Music Sync Market Assessment: A Market Ripe for Change. Clients can access here and non-clients can purchase here from our report store. We interviewed senior sync market executives of labels, publishers, sync agencies, sync tech, TV, games etc. for the report to help create the definitive take on this important but problematic sector. Here are some brief highlights of the report. The music sync market…
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Qwire expands board of directors, adds two prominent media leaders
Qwire, the SaaS company aiming to transform music for picture, has added two highly experienced media executives and thinkers to its board of directors, Joy Marcus and Howard Appelbaum. Joy Marcus is a Venture Partner at Jerusalem Venture Partners (JVP) where she focuses on digital media and commerce. She has served as a VP of International Business Development at MTV, SVP at Time Warner, GM for North America at Daily Motion, and EVP, GM of Digital Video at Condé Nast. Joy teaches entrepreneurship at Princeton University, beginning in 2014 as a James Wei Visiting Professor. In 2014, Joy received a Women of Power and Influence Award from the National Organization for Women (NOW). “Qwire is set to be an industry leader in transforming music-for-media to the benefit of all parties — production studios, writers/composers, music publishers, and Performance Rights Organizations,” says Marcus. “I am very excited to be part of this adventure as a member of Qwire’s Board." Since 2011, Howard…
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The picture for Qwire just got a little rosier. Qwire is on fire with an additional $2M in funding. The New York City and Los Angeles-based creator of SaaS software to streamline royalty reporting and licensing for music-for-picture announced that it has received over $2 million in additional funding from current and new investors. With these fresh funds, Qwire plans to expand its sales efforts while accelerating development and enhancement of its cue sheet reporting tools. That’s good news for the increasing ranks of music supervisors and major film/TV content creators that are utilizing its collaborative cloud-based platform to streamline music post production and royalty reporting. The company’s core products are qwireClear for music clearing and licensing, and qwireCue for cue sheet management and reporting. This latest funding round follows an initial $2.5M raise in 2015.
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Qwire, the Music-for-Picture Licensing and Cue Sheet Reporting Software Firm, Receives $2M+ in Funding
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Qwire, the SaaS company aiming to transform music for picture, has added two highly experienced media executives and thinkers to its Board of Directors, Joy Marcus and Howard Appelbaum. Joy Marcus is a Venture Partner at Jerusalem Venture Partners (JVP) where she focuses on digital media and commerce. She has served as a VP of International Business Development at MTV, SVP at Time Warner, GM for North America at Daily Motion, and EVP, GM of Digital Video at Condé Nast. Joy teaches entrepreneurship at Princeton University, beginning in 2014 as a James Wei Visiting Professor. In 2014, Joy received a Women of Power and Influence Award from the National Organization for Women (NOW). "Qwire is set to be an industry leader in transforming music-for-media to the benefit of all parties — production studios, writers/composers, music publishers, and Performance Rights Organizations," says Marcus. "I am very excited to be part of this adventure as a member of Qwire's Board." Since 2011, Howard…
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Qwire, the music-for-picture licensing and cue sheet reporting software firm, receives $2m+ in funding
Qwire (qwire.com), creator of SaaS software to streamline royalty reporting and licensing for music-for-picture, has received over $2 million in additional funding from current and new investors. This will expand the New York and Los Angeles-based company's sales efforts and accelerate development and enhancement of its cue sheet reporting tools. "This new investment demonstrates investors' confidence in Qwire and in our software's ability to transform music post production and royalty reporting," said founder and CEO Scott Freiman. "This funding will allow us to take the company to the next level, as we continue to license qwireClear to major film/TV studios, and we bring our next-generation cue sheet management and reporting software – qwireCue – to market." Jerry Labowitz, former Director of Equities Research for the Americas for Merrill Lynch, agreed: "Qwire is seeing interest from a large and growing range of companies in the music-for-media business. I was happy to participate…
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Qwire – the music-for-picture licensing and cue sheet reporting software firm, receives $2M+ in funding
Qwire (qwire.com), creator of SaaS software to streamline royalty reporting and licensing for music-for-picture has received over $2 million in additional funding from current and new investors. This will expand the New York and Los Angeles-based company’s sales efforts and accelerate development and enhancement of its cue sheet reporting tools. “This new investment demonstrates investors’ confidence in Qwire and in our software’s ability to transform music post production and royalty reporting,” said Qwire founder and CEO Scott Freiman. “This funding will allow us to take the company to the next level, as we continue to license qwireClear to major film/TV studios, and we bring our next-generation cue sheet management and reporting software – qwireCue – to market,” he added. Jerry Labowitz, former Director of Equities Research for the Americas for Merrill Lynch, agreed, "Qwire is seeing interest from a large and growing range of companies in the music-for-media business. I was happy…
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Qwire Receives $2M+ in Funding
Qwire (qwire.com), creator of SaaS software to streamline royalty reporting and licensing for music-for-picture, has received over $2 million in additional funding from current and new investors. This will expand the New York and Los Angeles-based company’s sales efforts and accelerate development and enhancement of its cue sheet reporting tools. “This new investment demonstrates investors’ confidence in Qwire and in our software’s ability to transform music post production and royalty reporting,” said founder and CEO Scott Freiman. “This funding will allow us to take the company to the next level, as we continue to license qwireClear to major film/TV studios, and we bring our next-generation cue sheet management and reporting software – qwireCue – to market.” Jerry Labowitz, former Director of Equities Research for the Americas for Merrill Lynch, agreed: “Qwire is seeing interest from a large and growing range of companies in the music-for-media business. I was happy to participate…
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Term Sheet — Monday, October 15
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