Deal Allows SESAC to Drive Efficiency and Enhance Value through Bundled Licensing and Offer Best of Breed Licensing Services and Solutions to Digital Music Platforms.
SESAC, Inc. today announced that that it has entered into an agreement to acquire the Harry Fox Agency (HFA), the leading U.S. mechanical rights organization. The proposed transaction has been approved by the NMPA Board and is subject to NMPA member approval. The transaction positions SESAC as the only music rights organization in the United States, with the ability to offer singular licenses for the works of its affiliated writers and publishers that aggregate both…