mpGreek and AEPI Sign Deal for Greece

mpGreek and AEPI Sign Deal for Greece

NEW YORK, NY (PRWEB) July 29, 2005

mpGreek®, the global leader in Greek digital music services, today announced it has teamed up with AEPI, the Hellenic Society for the Protection of Intellectual Property, to disburse performance and mechanical royalty dues of digital content purchased in Greece.

This will cycle the fees through less agencies and make them accessible to the artists much faster. mpGreek introduced its download service, http://www.mpGreek.com and http://www.mpGreek.gr in early 2005 and has a database of more than 55 ,000 tracks from both major and independent artists and music composers.

“We are excited to be working together with AEPI,” said Alex Kombogiannis, Director of mpGreek. “This partnership gives AEPI members the opportunity to cut through the red tape and receive their dues sooner. This is the beginning of a multi leveled cooperation with AEPI with great potential which will elevate the scene of independent artists and music composers.”

Mr. Dimitris Alevras, AEPI´s Head of New Media and Technologies Dept, stressed that “the agreement between AEPI and Greased Networks is very important for the legal downloading of Greek songs in the Greek territory and reflects successfully the big efforts on behalf of AEPI for ensuring the intellectual rights of Greek authors for the on line use of their works.”

About Greased Networks, Inc.

Greased Networks is a leading technology firm at the forefront of Greek music downloads. The company revolutionized online Greek music delivery with the creation of its advanced full service download service – mpGreek. mpGreek who has almost the most complete Greek and international repertoire, is focused on the distribution of content from Greece and was established to serve the increasing demand for music, music videos, and ring tones for Greeks on the internet.

Founded in August 2003, Greased Networks Inc manages the software and systems that cover all aspects of music content aggregation and delivery, including content acquisition, media storage, secure delivery, digital rights management and customer billing, to ensure that all rights holders are fairly compensated for their work.

About AEPI

AEPI, the Hellenic Society for the Protection of Intellectual Property, administers and represents in Greece the performing and mechanical rights of composers, authors and music publishers.

AEPI was founded in 1930. Today, after 75 years of operation and through continuous efforts and struggles for the protection of its members work, the Society has developed a dynamic presence representing in Greece almost the total of both Greek and foreign music repertories (8500 Greek and 2.000.000 foreign authors, composers, music publishers) through contracts of reciprocal representation agreements with 209 sister societies, in 109 countries worldwide. AEPI, being a CISAC and BIEM ordinary member since 1930, complies with the rules imposed by these two International Organizations and fully respects their regulations.

http://www.mpGreek.com                     

Greased Networks, Inc.

mpGreek PR Dept.

(877) 402-7782

info@mpgreek.com

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