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EVR Holdings PLC (EVRH)

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Friday 27 April, 2018

EVR Holdings PLC

MelodyVR signs six music license agreements

RNS Number : 3148M
EVR Holdings PLC
27 April 2018
 

 

27 April 2018

 

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

 

EVR Holdings plc

('EVR' or the 'Company')

 

EVR Holdings Signs Agreements with Record Labels and Music Publishers

EVR Holdings plc (AIM: EVRH), the leading creator of virtual reality music content and its subsidiary MelodyVR Ltd ('MelodyVR') are pleased to announce that on 26 April 2018 MelodyVR entered into the following multi-year agreements:

1.    Publishing Agreement with Kobalt (Kobalt Music Publishing America, Inc.) and AMRA (American Music Rights Association).

 

Kobalt Music publishing represents the rights of songwriters and artists such as Alt-J, Beck, Fleetwood Mac, Gwen Stefani, Jack Garratt, Lionel Richie, Moby, Nick Cave and The Bad Seeds, Nine Inch Nails, Placebo, Queens Of The Stone Age, Rudimental and many more.

 

2.    Record Label Agreement with Cooking Vinyl (Cooking Vinyl Limited).

 

Cooking Vinyl represents musicians such as Alison Moyet, Goldie, Groove Armada, James, Madness, Marilyn Manson, The Fratellis, The Prodigy, Underworld and many more.

 

3.    Record Label Agreement with Red Bull Records (Red Bull Records Inc.)

 

Red Bull Records represents artists such as AWOLNATION, The Aces, Black & Gold, Beartooth, Five Knives and Itch.

 

4.    Publishing Agreement with AKM (AKM Autoren, Komponisten und Musikverleger) and Austro Mechana.

 

AKM/Austro mechana administers the performance, reproduction and distribution rights in musical works from composers and music publishers in Austria.

 

5.    Record Label agreement with Hospital Records (Hospital Records Limited) and Publishing agreement with Hospital Records (Songs In The Key Of Knife T/A Hospital Records Limited).

Hospital Records represents the rights of songwriters and artists such as Danny Byrd, High Contrast, London Elektricity and Netsky amongst others.

 

Anthony Matchett, Executive Chairman of EVR Holdings, said:  "Signing agreements with music rights-holders is vital to the long term success of MelodyVR and EVR Holdings. This latest tranche of deals, represent a number of the industry's most respected companies as well as numerous globally recognised artists and musicians. With the launch of the MelodyVR platform due to occur imminently, additional deals with record labels and publishers help to extend MelodyVR's market leading position and provide the company with even greater opportunities for content creation and exploitation moving forwards."

 

- Ends -

 

For further information please contact:

 

EVR Holdings plc


Anthony Matchett, Executive Chairman & CEO

+44 (0) 203 289 7430

Sebastian Theron, Chief Financial Officer

www.evrholdings.com  



Investec Bank plc (Nominated Adviser and Broker)

Tel: +44 (0) 207 597 5970

Corporate Broking: Sara Hale / Rob Baker


Corporate Finance: David Anderson / Junya Iwamoto


 

 

Notes to Editors:

MelodyVR is a wholly owned subsidiary of EVR Holdings plc ('EVR'), a company that is listed on the AIM market of the London Stock Exchange under the ticker EVRH.L. EVR, a creator of virtual reality content, joined AIM on 16 May 2016 following a reverse takeover of Armstrong Ventures plc. Further information can be viewed at www.evrholdings.com and www.melodyvr.com 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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