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Synopsis
Sony Music Publishing, a music publishing company, completed an investment in Elements Music, a Helsinki-based music publishing and management company. Financial terms were not disclosed. “We are proud and excited about this collaboration, which is a significant milestone for the entire Finnish music industry. It is also essential that SMP shares our view of creator-driven publishing. Artificial intelligence and global platforms are changing the ways music is used and how compensation models work, and it is important that our partner has enough influence and resources to defend creative professionals. Through this deal, the position of Finnish music creators and the future of their works are now better protected,” Tommi Tuomainen and Eero Tolppanen, Elements Music Owners.
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