APRA AMCOS to represent Sweden society STIM in Pan Asian deal

APRA AMCOS strengthens its existing partnership with Swedish performing rights society STIM with a new deal that will see the Australian association represent STIM via its Pan Asian Licensing (PAL) hub.

The agreement will streamline the licensing, collection and distribution of royalties for STIM’s represented songwriters and publishers on digital and online multi-territory services across Asia.

In 2016 STIM reported 83,999 members, representing 1,5 million works, and paid out SEK 1.7 billion that year.

The Swedes’ entry takes the PAL hub’s direct members to ten since launch in 2013 with foundation member Universal Music Publishing.

Karsten Dyhrberg Nielsen, the Stockholm-based CEO of STIM, said, “Building on our already strong relationship, we are excited to bring the APRA AMCOS Asian hub to our members, opening up a largely untapped growth market for our increasingly global songwriters.”

Dean Ormston, Sydney-based chief executive of APRA AMCOS, said,“As organisations grounded in the value of songwriters’ works, both punching way above their weight on a global scale, we’re delighted to continue our longstanding relationship with STIM, working together to grow the value of songwriters’ works across Asia.”

STIM and APRA AMCOS are also working on further commercial and creative partnerships that will deliver increasing opportunities and benefits for their members in Europe, Australasia and beyond.