LyricFind reveals deals in Brazil to create ‘legal landscape for lyrics’ there
Platforms like Spotify and YouTube have made Brazil an increasingly-influential market in the recorded-music world. But what about publishing? Lyrics-focused company LyricFind sees Brazil as a big new opportunity, and has signed a sheaf of new deals to prove it. They include publishers Som Livre and MK Music; collecting society UBC and digital distributor ONErpm, with LyricFind hoping for more deals with collecting societies and publishers in the months ahead. Initially, the partnerships will see LyricFind collecting royalties from the use of these companies (and the PROs’ songwriters’) lyrics online, and paying them out. However, it will also work with the companies to create lyrics-focused merchandise (through its LyricMerch service) in the future too. “Brazil’s music business is significant, accounting for over 15% of the revenue generated in South America. It is by far the largest Portuguese speaking/singing market in the world,” said LyricFind’s VP of music publishing Robert Singerman, adding that the deals have “ great potential to increase Brazilian music revenue significantly worldwide, through original lyric exhibition and legal lyric translations”.