Nkoda has partnered with Universal Music Publishing, Concord, and Wise Music Group to launch Kordl, a streamlined platform for music rentals and licensing. The platform aims to modernize the traditional rental process by creating a unified gateway to prestigious music catalogs.

Kordl consolidates multiple rental management aspects into a single platform, including:

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

The B2B platform offers customization options for publishers and will expand to include recorded music licensing and sync rights in the future. This initiative represents a significant shift from existing platforms like Zinfonia, which currently handles rentals for several major publishers.

Lorenzo Brewer, Nkoda's co-founder and CEO, emphasizes the platform's unique position: "We combine our knowledge of rental catalogues and understanding of internal business processes with deep technical expertise to create an intuitive, robust, and future-proofed software platform."

The launch coincides with other strategic moves in the industry:

• Universal Music operates Stage+, a classical streaming service
• Wise Music recently divested its education division
• Nkoda has developed ARIA-i, an AI-powered music education tool

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