SESAC Could Push for Purchase of Harry Fox

Love or not the Harry Fox Agency, it is both an mechanical rights institution and not going anywhere any time soon.

That said, as the digital media marketplace keeps shifting the sands of where to go for a blanket music license, word on the street is that Rizvi Traverse--new majority owners of performance rights organization SESAC--has started kicking HFA's tires for a potential merger/acquisition.

Could this be the dawn of a new era in collective music licensing?