TNC true north copper limited

announcment out

  1. 2,367 Posts.
    16 September 2010
    Transol Corporation Ltd - Valleyarm Digital elected to full APRA and AMCOS Membership
    (ASX Code: TNC)
    The Directors of Transol Corporation Limited (?Transol?) are pleased to announce that its 80%
    owned subsidiary Valleyarm Digital Pty Ltd (?Valleyarm?) now has the ability to represent its Asian
    publishing catalogues for the collection of mechanical and public performance royalties in Australia
    and New Zealand.
    This is an exciting opportunity for Valleyarm and strengthens the Company?s position as Asia Pacific?s
    leading digital distributor, publisher and marketer of independent music and video content.
    At its recent board meeting, the Australasian Performing Right Association (APRA) and the
    Australasian Mechanical Copyright Owners Society (AMCOS) the elected Valleyarm to full APRA
    publisher membership and AMCOS membership.
    Valleyarm can now act on behalf of its Asian publishing catalogues to clear, receive and distribute
    royalties from synchronisation services and collection agencies in Australia and New Zealand, further
    monetising the Company?s content in these territories.
    About APRA/AMCOS
    The Australasian Mechanical Copyright Owners Society (AMCOS) collects and distributes mechanical
    royalties for the reproduction of its member?s musical works. The Australasian Performing Right
    Association (APRA) collects and distributes licence fees for the public performance and
    communication of its member?s musical works in Australia and New Zealand. APRA and AMCOS are
    separate non profit organisations.
    About Valleyarm Digital
    Emerging from a collective of music industry experts, Valleyarm is positioned as Asia Pacific?s leading
    digital distributor, publisher and marketer of independent music and video content, along with
    representation in southern and eastern Africa. Valleyarm specialises in digital distribution,
    publishing and online marketing of music and video content focused primarily on content and
    services within the Asia Pacific region. The Valleyarm catalogue consists of over 40,000 individual
    tracks including local artists such as Dragon, Goyte, Clare Bowditch, Doug Anthony All Stars and
    International Artists such as Nidji and Peterpan. The company has developed a unique solution
    emphasising an ?Asia-Out? ?Asia-In? model to provide digital music content, sub publishing and
    marketing services to monetise Asian content outside of Asia, including a gateway for western
    content owners to monetise content within Asia.
    For further information, please contact Angus Edgar on +61 3 8610 8633.
    ANGUS EDGAR
 
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