Futures Music Group Joins Chordal’s Enterprise Sync Licensing Technology Platform

Music rights technology company Chordal has announced that Futures Music Group is joining its enterprise sync licensing technology platform.

Why it matters:

• The signing adds momentum to Chordal’s mission to modernize sync licensing and make it more equitable for rightsholders.

• It comes off the back of recent deals with Kobalt Music Publishing and TikTok.

The future:

• Futures Music Group is an independent label collective.

• Its roster includes Mt. Joy, Phantogram, Cavetown, The Knocks, and Barns Courtney.

• It was founded by Neon Gold’s Derek Davies and Avenue A’s Dave Wallace.

• Neon Gold launched seminal early releases by Passion Pit, Charli XCX, Christine & the Queens, Tove Lo, and Marina & the Diamonds.

• Its roster remains active and has accumulated over 15 billion streams and 10 million albums sold to date.

• Avenue A’s roster boasts artists such as Barns Courtney, Blossoms, Palace, and Self Esteem.

Other deals:

• Eight other music companies also recently joined Chordal: Red Bull Records, Nice Life, Phoenix Music International, Jazz is Dead, Unity Group, Pravda Records, San Juan Music Group, and In Real Life.

What they said:

• Derek Davies, Co-CEO of Futures Music Group and Founder of Neon Gold: “Futures was built from the ground up to empower our artists and labels with access to the most innovative technologies and partners across the music and music tech ecosystems. Chordal is bringing new clarity and connectivity to the licensing space, pushing the sync industry forward faster than any other company and we're thrilled to be a part of the amazing work they're doing to streamline and maximize sync opportunities for artists.”