NCB owns 50% of the shares in NMP – Network of Music Partners A/S – a joint venture owned by NCB and PRS for Music (the music copyright society in the UK). NMP provides back office services to the music copyright administration industry.

Update on NCB’s work with new administration model for licencing of mechanical rights

On 22 March 2017 an extra-ordinary NCB General Assembly approved that NCB from 1 April 2017 enters into a cooperative agreement with Koda based on which Koda will supply mechanical rights licences and administrative services to NCB and that NCB consequently becomes a shell organization with no employees.

The General Assembly took notice of the following main arguments supporting the decision:

• NCB is maintained as a formal entity to safe-guard the flow of mechanical rights and licensee agreements.
• A maintained Nordic/Baltic collaboration is the most economically viable model.
• A NCB agreement with Koda will best safe-guard the interest of authors, composers and music publishers since the geographical proximity between the offices of NCB and Koda enables a transfer of key employees.

Authors, composers, music publishers and foreign sister societies can thereby continue to expect a second-to-none service from NCB also in the coming years.