 | |
| Company type | Private |
|---|---|
| Founded |
|
| Headquarters | |
Key people | John Josephson, Chairman and CEO |
| Parent | The Blackstone Group |
| Website | www |
SESAC is a for-profit performance-rights organization in the United States. [1] Founded in 1930 as the Society of European Stage Authors and Composers, [2] it is the second-oldest performance-rights organization in the United States. [3] SESAC has 30,000 songwriters and more than 1 million compositions in its catalogue.
The Society of European Stage Authors and Composers was founded by Paul Heinecke, a German immigrant, in New York in 1930. [4] SESAC originally strove to support underrepresented European stage authors and composers with their American performance royalties, hence the original name. Heinecke led the firm until his death in 1972.
In the 1930s, SESAC helped broadcasters satisfy Federal Communications Commission requirements, supplying them with gospel recordings. The business evolved beyond gospel recordings and European composers during the 1940s, and in the 1950s SESAC established its electrical transcription service. [4] [5] On a monthly basis, SESAC recorded "transcriptions" of its affiliates and distributed them, on disc, to radio stations across America. Among its transcribed artists were jazz and country performers: Duke Ellington, Count Basie, Woody Herman, Coleman Hawkins, Chico Hamilton, Jackie Wilson, Chet Atkins, and Hank Garland.
As its original objective diminished in the 1960s, the company entered other musical genres. Since then, the company has represented a wider range of writers and genres. SESAC's affiliates roster includes Bob Dylan, Neil Diamond, The Cars, Robert Johnson, Bryan-Michael Cox, Nate "Danja" Hills, Rush, Coheed & Cambria, Young Love, The Faint, Rapture, Mariah Carey (left SESAC in 2020 to join ASCAP [6] ) and Adele (since 2017, formerly was with BMI). [7]
The company moved into new headquarters in Columbus Circle in Midtown Manhattan and opened an office in Nashville, Tennessee in 1964. Six years later, the company began representing songwriters in addition to its traditional business of representing publishers. With a focus on Christian songwriters, the company was an early player in the Contemporary Christian music format. That evolution led the company to move its headquarters to Nashville in 1985.
In 1993, the company was purchased by Stephen Swid, Freddie Gershon, and Ira Smith. The new owners shifted the company's focus toward more mainstream music, and later television.
In 2013, Rizvi Traverse Management acquired a majority stake in SESAC. [8]
In 2015, SESAC acquired the mechanical rights clearinghouse Harry Fox Agency. [9]
In 2017, The Blackstone Group acquired SESAC. [10]
The American Society of Composers, Authors, and Publishers (ASCAP) is an American not-for-profit performance-rights organization (PRO) that collectively licenses the public performance rights of its members' musical works to venues, broadcasters, and digital streaming services.
Broadcast Music, Inc. (BMI) is a performance rights organization in the United States. It collects blanket license fees from businesses that use music, entitling those businesses to play or sync any songs from BMI's repertoire of over 22.4 million musical works. On a quarterly basis, BMI distributes the money to songwriters, composers, and music publishers as royalties to those members whose works have been performed.
Bertelsmann Music Group (BMG) was a division of a German media company Bertelsmann before its completion of sale of the majority of its assets to Sony Corporation of America on 1 October 2008. Although it was established in 1987, the music company was formed as RCA/Ariola International in 1985 as a joint venture to combine the music label activities of RCA's RCA Records division and Bertelsmann's Ariola Records and its associated labels which include Arista Records. It consisted of the BMG Music Publishing company, the world's third largest music publisher and the world's largest independent music publisher and the 50% share of the joint venture with Sony Music, which established the German American Sony BMG from 2004 to 2008.
A performance rights organisation (PRO), also known as a performing rights society, provides intermediary functions, particularly collection of royalties, between copyright holders and parties who wish to use copyrighted works publicly in locations such as shopping and dining venues. Legal consumer purchase of works, such as buying CDs from a music store, confer private performance rights. PROs usually only collect royalties when use of a work is incidental to an organisation's purpose. Royalties for works essential to an organisation's purpose, such as theaters and radio, are usually negotiated directly with the rights holder. The interest of the organisations varies: many have the sole focus of musical works, while others may also encompass works and authors for audiovisual, drama, literature, or the visual arts.
Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. Blackstone is also active in credit, infrastructure, hedge funds, insurance, secondaries, and growth equity. As of June 2023, the company's total assets under management were approximately US$1 trillion, making it the largest alternative investment firm globally.
The Island Def Jam Music Group (IDJMG) was an American recording music unit, formed on New Year's Eve 1998 by Universal Music Group. It consists of labels created under the basic operations of Island Records and Def Jam Recordings. On April 1, 2014, Universal Music Group publicly announced the disbandment of the Island Def Jam Music Group, leaving IDJMG and its affiliated subsidiaries as separate sister labels.
Carlin America is an American music publisher with a catalog of over 100,000 titles. The company, created under its current name in 1995 by its founder Freddy Bienstock, is headquartered on East 38th Street in Manhattan. Bienstock died on September 29, 2009, after which Carlin Music was run by his children Robert and Caroline.
"Butterfly" is a song recorded by American singer-songwriter, and record producer Mariah Carey for her sixth studio album of the same name (1997). It was released on September 29, 1997, by Columbia Records as the second single from the album. The song was written and produced by Carey and Walter Afanasieff. "Butterfly" is a pop and R&B ballad combining elements of gospel. Carey had originally conceived it as a house record with David Morales titled "Fly Away". After realizing how personal the lyrics were and how they could be applied to Butterfly, she wrote the album's title track with Afanasieff. On the song's lyrics, Carey sings to someone, telling them to spread their wings and release into the world on their own, like a butterfly.
"Anytime You Need a Friend" is a song by American singer and songwriter Mariah Carey. The song was written and produced by Carey and Walter Afanasieff, for her third studio album, Music Box (1993). It was released on May 24, 1994, through Columbia Records, as the fifth and final single from the album. The song is influenced by pop, R&B and gospel genres. While the album focused heavily on pop oriented and radio friendly material, "Anytime You Need a Friend" deviated from the formula, finishing as the only gospel-infused song on Music Box. Lyrically, the song's protagonist tells her love interest that anytime he may need a friend, she will be there unconditionally for him. Throughout the song's bridge and climax, critics noted the lyrics altering from those of a friend, to those of a lover.
Bryan-Michael Paul Cox is an American record producer and songwriter who is notable for his work with artists such as Usher, Mariah Carey, Mary J. Blige, and Toni Braxton. Among his most notable productions are "Be Without You" for Mary J. Blige, "Burn", "Confessions Part II" and "U Got It Bad" for Usher, and "Shake It Off", "I Stay In Love" and "You Don't Know What To Do" for Mariah Carey.
Denise Lorraine "Rainy" Davis is an American singer and songwriter. Out of four Billboard charted singles, Rainy Davis is known best for her song "Sweetheart". The single was originally released on the New York–based independent label called Supertronics Records. However, after the song became a hit in the clubs, then on urban radio and eventually crossing over to pop radio, Columbia Records A&R exec Joe McEwen offered Davis a production-artist deal for worldwide physical distribution, which included buying her previous contract from Supertronics. She went on to record two albums for Columbia and received numerous awards for her contributions to hit songs over the years.
The Harry Fox Agency (HFA) is a provider of rights management and collector and distributor of mechanical license fees on behalf of music publishers in the United States. HFA has over 48,000 music publishing clients and issues the largest number of licenses for physical and digital formats of music. It was founded in 1927 by the National Music Publishers Association. The agency was sold to performing rights organization SESAC in 2015, which was itself acquired by The Blackstone Group in 2017.
Anita Jean Kerr was an American singer, arranger, composer, conductor, pianist, and music producer. She recorded and performed with her vocal harmony groups in Nashville, Los Angeles, and Europe.
Production music is recorded music that can be licensed to customers for use in film, television, radio and other media. Often, the music is produced and owned by production music libraries.
"Migrate" is a song by American singer and songwriter Mariah Carey from her eleventh studio album, E=MC² (2008). It was written and produced by Carey and Danja, with additional songwriting from the Clutch and the track's featured singer, T-Pain.
Acuff-Rose Music, Inc. was an American music publishing firm formed in 1942 by Roy Acuff and Fred Rose in Nashville, Tennessee, United States. Currently, the company's catalog is owned by Sony Music Publishing (US), LLC (Delaware).
Music Reports provides music rights licensing, administration, royalty accounting, and software development and hosting. Music Reports operates the largest registry of worldwide music rights and related business information.
BMG Rights Management GmbH is an international music company based in Berlin, Germany. It combines the activities of a music publisher and a record label.
Cathy Lee "Catt" Gravitt is an American songwriter based in Nashville, Tennessee. In the music business for over 20 years, she signed on as a writer with her current publishing company, Razor and Tie, in 2008. Gravitt has songwriting credits in multiple genres and has written songs with or for several artists including Kid Rock, Kelly Clarkson, Kelsea Ballerini, Jake Owen, Vince Gill and Natalie Grant, among others. In 2012, she won the SESAC Songwriter of the Year award. Gravitt most recently won the Canadian Country Music Association's 2018 Songwriter(s) of the Year award, along with co-writers Skip Black and Aaron Goodvin, for the song "Lonely Drum", performed by Aaron Goodvin.
Concord is an American independent creative rights company that develops, manages and acquires sound recordings, music publishing rights, theatrical performance rights and narrative content. It is a private company, funded by long-term institutional capital and members of Concord's management team.
