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560 Media, the recently launched UK-based global rights collection agency, has signed a deal with Discovery Communications under which it will collect international revenues generated by the broadcaster’s secondary TV rights.
560 Media was launched by former CEO and co-founder of Compact Collections John O’Sullivan. The company’s mission is to offer a client-focused, intelligence-based revenue-management service that is robust, flexible and intuitive enough to manage TV and film rights in a fragmented and increasingly complex marketplace.
James Bryant, director of global music services at Discovery Communications, said: “During the past 18 months Discovery Communications has reinforced its focus on secondary rights management for our catalogue of high quality content which satisfies curiosity, entertains, and inspires viewers worldwide. 560 Media’s fresh and flexible approach to catalogue representation will assist Discovery in this specialist area, allowing us to maximise remuneration in the international arena.”