Sentric Music is a British independent

music publisher A music publisher is a type of publisher that specializes in distributing music. Music publishers originally published sheet music. When copyright became legally protected, music publishers started to play a role in the management of the intellect ...

specialising in emerging

song writer A songwriter is a musician who professionally composes musical compositions or writes lyrics for songs, or both. The writer of the music for a song can be called a composer, although this term tends to be used mainly in the classical music gen ...

s and artists. In February 2022, Sentric was acquired by the Swiss fintech company Utopia Music. In March 2023, Utopia sold Sentric to the French record company

Believe Digital Believe (also known as Believe Music; previously known as Believe Digital) is a global digital music company headquartered in France which provides digital solutions for artists and labels. Believe has several brands including TuneCore, Nuclear ...

for €47 million (US$51 million). Sentric had been representing Believe's

Tunecore TuneCore is a Brooklyn, New York–based independent digital music distribution, publishing and licensing service founded in 2005. TuneCore principally offers musicians and other rights-holders the opportunity to distribute and sell or stream the ...

Music Publishing since July 2018.

Company Profile

Founded in 2006, the company has its headquarters in

Liverpool Liverpool is a city and metropolitan borough in Merseyside, England. With a population of in 2019, it is the 10th largest English district by population and its metropolitan area is the fifth largest in the United Kingdom, with a popul ...

England England is a country that is part of the United Kingdom. It shares land borders with Wales to its west and Scotland to its north. The Irish Sea lies northwest and the Celtic Sea to the southwest. It is separated from continental Europe b ...

and staff across

Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a Continent#Subcontinents, subcontinent of Eurasia ...

. The company administers the works of over 100,000 artists/writers and 1 million songs in the UK and around the world. Sentric publish their writers' work in the UK via

PRS for Music PRS for Music Limited (formerly The MCPS-PRS Alliance Limited) is a British music copyright collective, made up of two collection societies: the Mechanical-Copyright Protection Society (MCPS) and the Performing Right Society (PRS). It undertakes ...

and the MCPS collection societies. Sentric also collects directly in over 50 territories across Europe for its songwriters. In May 2012 the North West Fund for Digital & Creative, managed by AXM Venture Capital Limited, made an equity investment into Sentric Music. As well as collecting

royalties A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset o ...

for their writers, Sentric also search for synchronisation opportunities for its signings and has previously synced music on advertisements for the likes of

Lexus is the luxury vehicle division of the Japanese automaker Toyota. The Lexus brand is marketed in more than 90 countries and territories worldwide and is Japan's largest-selling make of premium cars. It has ranked among the 10 largest Japanese ...

O2 Germany O, or o, is the fifteenth letter and the fourth vowel letter in the Latin alphabet, used in the modern English alphabet, the alphabets of other western European languages and others worldwide. Its name in English is ''o'' (pronounced ), pl ...

and

De Montfort University De Montfort University Leicester (DMU) is a public university in the city of Leicester, England. It was established in accordance with the Further and Higher Education Act in 1992 as a degree awarding body. The name De Montfort University was tak ...

. In February 2013 Sentric were nominated at the Music+Sound Awards in the ''Best Sync: Trailers and Promos'' category for the use of Kankouran song "Rivers" in the trailer for Series 6 of Skins. In June 2012 Sentric Music entered into a co-publishing agreement with

Brussels Brussels (french: Bruxelles or ; nl, Brussel ), officially the Brussels-Capital Region (All text and all but one graphic show the English name as Brussels-Capital Region.) (french: link=no, Région de Bruxelles-Capitale; nl, link=no, Bruss ...

based Strictly Confidential, the publishing arm of PIAS. The first two artists signed under the co-publishing agreement were Tall Ships and Cattle & Cane. In February 2013 Sentric Music

CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

Chris Meehan was included in the ''

Music Week ''Music Week'' is a trade publication for the UK record industry distributed via a website and a monthly print magazine. It is published by Future. History Founded in 1959 as '' Record Retailer'', it relaunched on 18 March 1972 as ''Music W ...

'' "30 Under Thirty" list, highlighting the 30 finest young professionals working in the UK music business of 2013. A partnership with INgrooves Music Publishing was announced in July 2013. INgrooves Music Publishing is a new division of INgrooves headed by industry veteran Olivier Chastan. As part of the partnership, Sentric Music provides worldwide rights administration and platform services. In early 2014 Sentric launched a new Brand & Artist Services division, with the intention of adding value to

brand A brand is a name, term, design, symbol or any other feature that distinguishes one seller's good or service from those of other sellers. Brands are used in business, marketing, and advertising for recognition and, importantly, to create an ...

s with the artists/songwriters that the company works with. Spring 2014 saw Sentric win a collaborative

Technology Strategy Board Innovate UK is the United Kingdom's innovation agency, which provides money and support to organisations to make new products and services. It is a non-departmental public body operating at arm's length from the Government as part of the United ...

bid to invest in its Rights Management system. Working in conjunction with

Imperial College London Imperial College London (legally Imperial College of Science, Technology and Medicine) is a public research university in London, United Kingdom. Its history began with Prince Albert, consort of Queen Victoria, who developed his vision for a cu ...

, the eighteen-month

big data Though used sometimes loosely partly because of a lack of formal definition, the interpretation that seems to best describe Big data is the one associated with large body of information that we could not comprehend when used only in smaller am ...

project, titled ''Data Exploration and Predictive Analytics for Music Publishing'', will create tools for predictive modelling and data visualisation for use in the music publishing industry. In March 2017, Sentric Music scored multimillion-pound investment from UK-based venture capital business BGF. In June 2017, Sentric Music signed an administration deal with Chinese independent music firm Modern Sky Entertainment. In July 2018, music distributor

partnered with Sentric, allowing the company access to Sentric's technology and global collection network, while enhancing Tunecore's distribution and publishing administration services. In February 2022, it was announced Sentric Music has been acquired by the

Switzerland ). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel ...

-headquartered fintech company, Utopia Music. It was also announced that Sentric Music’s CEO, Chris Meehan, would join Utopia Music as Vice President of Royalty Management Services.

Awards

In August 2014 Sentric Music was nominated in the Sync Team (Independent Publisher) and Sync - Individual Placement (TV Show: Sports) categories at the

Sync Awards 2014. In December 2010 Sentric Music was winner of the Virtual Business Awards 2010.

References

{{Reflist

External links

Official website
Music publishing companies of the United Kingdom Publishing companies established in 2006 Companies based in Liverpool