Nkoda has partnered with Universal Music Publishing, Concord's Boosey & Hawkes, and Wise Music Group to launch Kordl, a streamlined platform for music rentals and licensing management.

Kordl aims to replace existing legacy platforms by providing a unified gateway for managing prestigious rental catalogs. The platform integrates all aspects of rental and rights management, including:

• Ordering and fulfillment
• Returns processing
• Rights approvals
• Direct customer communication

The B2B platform offers customization options for publishers and will soon expand to include recorded music licensing and sync rights. Lorenzo Brewer, Nkoda's co-founder and CEO, emphasizes that their extensive experience with major publishers positions them to create an intuitive, robust, and future-proof solution.

Notable aspects of this partnership include:

• Universal Music's involvement aligns with their classical streaming service Stage+ (operated via Deutsche Grammophon)
• Wise Music recently divested its education division
• Nkoda operates ARIA-i, an AI-powered music education tool

This transition from existing platforms (including Zinfonia) represents a significant shift in the music rental and licensing landscape, though the complete implementation timeline remains to be announced.

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