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Somexfon

Full company profile

uuid00yoz6y

Namestring
Somexfon
Legal namestring
Sociedad Mexicana de Productores de Fonogramas Videogramas y Multimedia S.G.C.
Websiteurl
somexfon.com
Company typeenum
Private
Founded yearint
2001
Descriptiontext

Somexfon (legal name: Sociedad Mexicana de Productores de Fonogramas, Videogramas y Multimedia S.G.C., trade name SOMEXFON) is a Mexican Collective Management Society authorized by INDAUTOR (Instituto Nacional del Derecho de Autor) to collect royalties for the public performance of recorded music on behalf of phonogram producers. Founded in 2001 and headquartered in Mexico City, the organization represents more than 65 record labels—including Sony Music, Universal Music, Warner Music, BMG, EMI, and Mexican heritage labels such as Compañía Fonográfica, Orfeón, and Discos Musart—covering a catalog of over 65 million songs.

The company's core product is the "Licencia de Comunicación Pública de Música," a public-performance license that authorizes Mexican businesses to legally use recorded music in their venues. The offering is segmented into 15+ sector-specific tariff plans covering food & beverage, transportation (buses, airlines, railways), hospitality (hotels by star rating), nightlife (discos, casinos), retail (boutiques, plazas), media (AM/FM and internet radio), entertainment venues, stadiums and concerts, advertising activations, sports and beauty (gyms, salons), auto dealerships, and event halls. Tariffs are based on establishment type, size, and capacity, with annual subscription pricing for most segments and usage-based pricing for radio stations (greater of 2.5% of gross advertising revenue or a fixed monthly amount for stations exceeding 45% music usage). An online music-catalog search tool is provided via the Vericast/BMAT platform under IFPI Latin America affiliation.

The business model is a classic collective-rights-organization structure: Somexfon collects licensing fees from thousands of Mexican businesses through a nationwide field-sales force of ~50 "Ejecutivos de la Música" organized into geographic zones (Centro A/B, Occidente y Bajío, Norte, Sur) plus a central inside-sales operation and a dedicated renewals team. Collected royalties, net of administrative deductions, are distributed to member record labels based on market participation and airplay monitoring. The total organization employs approximately 100 people and operates exclusively within Mexico.

Short descriptiontext

Somexfon (SOMEXFON) is Mexico's INDAUTOR-authorized Collective Management Society that licenses public-performance rights to recorded music on behalf of 65+ record labels (Sony, Universal, Warner, etc.), collecting annual fees from businesses across 15+ sectors nationwide.

Operating statusenum
Operating
Ownership categoryenum
akta.pro rankint
HeadquartersMexico City, Mexico
HQ citystring
Mexico City
HQ countrystring
Mexico
HQ regionstring
Latin America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
music licensing services, royalty collection, phonogram rights management, collective management society, public performance licensing
Industry3 codes
PRIMARYMPAIAKAA
Performing Rights Organizations (PROs) & Public Performance Licensing
Media, Entertainment & Sports/Music & Audio (Recording, Publishing, Streaming)/Music Rights & Royalty Services (PROs, Collection, Royalty Accounting)
SECONDARYMPAIABAE
Performance Rights Administration (PRO Affiliation, Cue Sheet/Setlist Processing)
Media, Entertainment & Sports/Music & Audio (Recording, Publishing, Streaming)/Music Publishing (Songwriting, Rights Administration, Licensing)
SECONDARYMPAIAKAJ
Micro-Licensing & Direct Licensing Platforms (UGC, SMB venues, online uses)
Media, Entertainment & Sports/Music & Audio (Recording, Publishing, Streaming)/Music Rights & Royalty Services (PROs, Collection, Royalty Accounting)
NAICS code1 code
  • Music Publishers51223
SIC code1 code
  • Miscellaneous Publishing2741
Product category
Music Rights Management & Royalty Collection
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Public Performance Licensing Fees
TypeLicensing Royalties
Description

Annual licensing fees collected from businesses that publicly perform recorded music. Fees are based on business category, size, capacity, and type of establishment. Revenue is distributed to member record labels after administrative deductions.

somexfon.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Pricing details9 tiers
1Cafeteria - Annual license fee
ModelSubscriptionBilling cadenceAnnual
Notes

$7,273 MXN annual + IVA for cafeterias

somexfon.com
2Restaurant by table count - Annual license fee
ModelSubscriptionBilling cadenceAnnual
Notes

1-20 tables: $15,546 MXN; 21-40 tables: $22,826 MXN; 41+ tables: $31,146 MXN annual + IVA

somexfon.com
3Bus Lines - Per bus annual fee
ModelSubscriptionBilling cadenceAnnual
Notes

$6,994 MXN per bus annually + IVA; Waiting rooms: $9,934 MXN; Bus terminals: $49,244 MXN per terminal

somexfon.com
4Airlines - Per aircraft annual fee
ModelSubscriptionBilling cadenceAnnual
Notes

Per airplane: $29,949 MXN; Per airport: $149,874 MXN annually + IVA

somexfon.com
5Boutiques by size - Annual license
ModelSubscriptionBilling cadenceAnnual
Notes

Under 40 sqm: $9,291 MXN; Over 40 sqm: $13,850 MXN annual + IVA

somexfon.com
6Hotels by star rating - Annual license
ModelSubscriptionBilling cadenceAnnual
Notes

1-star: $8,313; 2-star: $11,949; 3-star: $14,605-$17,257; 4-star: $45,233-$53,142; 5-star: $106,208-$138,074; Gran Turismo: $122,141-$159,315; Tourist zones (CDMX, Guadalajara, Vallarta, Monterrey, Los Cabos, Mérida, Acapulco, Cancún) have premium rates up to $199,147 MXN

somexfon.com
7Discos/Nightclubs by capacity - Annual license
ModelSubscriptionBilling cadenceAnnual
Notes

201-500 people: $74,679 MXN; 501-1000 people: (rate varies); Over 1000 people: $249,859 MXN; Casinos: $59,744 MXN annual + IVA

somexfon.com
8Stadiums and concerts - Per event/annual
ModelSubscriptionBilling cadenceAnnual
Notes

Stadiums (sports only): up to 20,000 capacity: $25,531; 20,000-40,000: $59,743; over 40,000: $109,486 MXN. Concerts: up to 45,000: (rate varies); over 45,000: $119,486 MXN per event + IVA

somexfon.com
9Radio stations - Monthly or percentage of revenue
ModelUsage-basedBilling cadenceMonthly
Notes

45%+ music usage: Greater of 2.5% of gross advertising revenue or $298,716 MXN monthly. Under 45% music: (rate varies). Internet radio: $79,949 MXN annual + IVA

somexfon.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Somexfon is the Mexican Collective Management Society authorized by INDAUTOR to collect, at the national level, royalties for the public use of recorded music on behalf of phonogram producers. It grants Public Communication Licenses to businesses across 14+ sectors and distributes the resulting fees to its member record labels after administrative deductions. The organization represents more than 65 record labels (including Sony Music, Universal Music, and Warner Music) and provides access to a catalog of 65+ million songs.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

SOMEXFON (Sociedad Mexicana de Productores de Fonogramas, Videogramas y Multimedia) is a Collective Management Society (SGC) that operates as a licensing and royalty collection platform for recorded music. The company offers a unified licensing service that authorizes businesses to publicly use music from its catalog, which represents over 65 record companies including Sony Music, Universal Music, and Warner Music. The core product is the Public Communication License, which is complemented by sector-specific tariff plans covering 14+ business categories including transportation, hospitality, food & beverage, retail, nightlife, entertainment venues, stadiums, and media. The platform provides an online music catalog search tool and manages royalty distribution to member record companies based on market participation and airplay monitoring.

Product and service1 record
1Licencia de Comunicación Pública de Música
Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership12 partners
Strategic tierCoreTypeOthersAnnounced on2026-01-01
Description

IFPI Latin America affiliated organization. SOMEXFON displays IFPI 2026 logo indicating membership and alignment with international phonogram protection standards.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2001-01-01
Description

Major international record label represented by SOMEXFON for collection of public performance royalties. Sony Music is one of the three largest record labels globally.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2001-01-01
Description

Major international record label represented by SOMEXFON for collection of public performance royalties. Universal Music is one of the three largest record labels globally.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2001-01-01
Description

Major international record label represented by SOMEXFON for collection of public performance royalties. Warner Music is one of the three largest record labels globally.

Strategic tierMajorTypeStrategic or Co-development Partner
Description

Record label with power of attorney filed with SOMEXFON for royalty collection representation.

Strategic tierMajorTypeStrategic or Co-development Partner
Description

Record label with power of attorney filed with SOMEXFON for royalty collection representation.

7Compañía Fonográfica
Strategic tierMajorTypeStrategic or Co-development Partner
Description

Mexican record label with power of attorney filed with SOMEXFON for royalty collection representation.

somexfon.com
Strategic tierMajorTypeStrategic or Co-development Partner
Description

Historic Mexican record label with power of attorney filed with SOMEXFON for royalty collection representation.

Strategic tierMajorTypeStrategic or Co-development Partner
Description

Mexican record label with power of attorney filed with SOMEXFON for royalty collection representation.

10Balboa Records
Strategic tierSupportingTypeStrategic or Co-development Partner
Description

Record label with power of attorney filed with SOMEXFON for royalty collection representation.

somexfon.com
Strategic tierMajorTypeStrategic or Co-development Partner
Description

International music company with power of attorney filed with SOMEXFON (appears as 'lvrn' in logos).

Strategic tierMajorTypeStrategic or Co-development Partner
Description

Universal Music Mexico subsidiary with power of attorney filed with SOMEXFON.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers8 records
TypeDirect peer
Description

SCPP is the French collective management society representing phonogram producers for neighboring-rights collection. Closely mirrors Somexfon's role in collecting public performance royalties from venues and broadcasters for distribution to member labels.

TypeDirect peer
Description

GVL administers neighboring rights for phonogram producers and performers in Germany, collecting public performance and broadcast royalties. Operates a similar tariff-and-distribution model to Somexfon across diverse venue categories.

TypeDirect peer
Description

PPL is the UK collective management organization that licenses recorded music (neighboring rights) for public performance and broadcasts and distributes royalties to record labels and performers. Comparable in mandate, business model, and stakeholder set to Somexfon.

TypeDirect peer
Description

PPCA licenses the public performance of sound recordings in Australia and distributes royalties to rights holders. Comparable mandate, vertical tariff structure, and reliance on membership of major record labels.

TypeDirect peer
Description

CAPIF is the Argentine trade body and collective manager that administers phonogram producer rights in Argentina, representing both major and independent labels. Closely aligned with Somexfon's role as a Latin American neighboring-rights CMS.

TypeDirect peer
Description

SoundExchange is the U.S. collective management organization designated to collect neighboring-rights royalties for phonogram producers and featured artists for public performance of sound recordings. It is the closest functional analog to Somexfon, operating under a similar legal framework with mandatory collection rights.

7SCD (Sociedad Chilena del Derecho de Autor)
TypeRegional player
Description

SCD administers copyright and related rights for music creators and producers in Chile. While its scope is broader (composers and performers), its tariff-based public performance licensing model parallels Somexfon's regional Latin American collection framework.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment8 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile6 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles15 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Somexfon

Music Rights Management & Royalty Collectionsomexfon.com

Somexfon (SOMEXFON) is Mexico's INDAUTOR-authorized Collective Management Society that licenses public-performance rights to recorded music on behalf of 65+ record labels (Sony, Universal, Warner, etc.), collecting annual fees from businesses across 15+ sectors nationwide.

What Somexfon does

Somexfon (legal name: Sociedad Mexicana de Productores de Fonogramas, Videogramas y Multimedia S.G.C., trade name SOMEXFON) is a Mexican Collective Management Society authorized by INDAUTOR (Instituto Nacional del Derecho de Autor) to collect royalties for the public performance of recorded music on behalf of phonogram producers. Founded in 2001 and headquartered in Mexico City, the organization represents more than 65 record labels—including Sony Music, Universal Music, Warner Music, BMG, EMI, and Mexican heritage labels such as Compañía Fonográfica, Orfeón, and Discos Musart—covering a catalog of over 65 million songs.

The company's core product is the "Licencia de Comunicación Pública de Música," a public-performance license that authorizes Mexican businesses to legally use recorded music in their venues. The offering is segmented into 15+ sector-specific tariff plans covering food & beverage, transportation (buses, airlines, railways), hospitality (hotels by star rating), nightlife (discos, casinos), retail (boutiques, plazas), media (AM/FM and internet radio), entertainment venues, stadiums and concerts, advertising activations, sports and beauty (gyms, salons), auto dealerships, and event halls. Tariffs are based on establishment type, size, and capacity, with annual subscription pricing for most segments and usage-based pricing for radio stations (greater of 2.5% of gross advertising revenue or a fixed monthly amount for stations exceeding 45% music usage). An online music-catalog search tool is provided via the Vericast/BMAT platform under IFPI Latin America affiliation.

The business model is a classic collective-rights-organization structure: Somexfon collects licensing fees from thousands of Mexican businesses through a nationwide field-sales force of ~50 "Ejecutivos de la Música" organized into geographic zones (Centro A/B, Occidente y Bajío, Norte, Sur) plus a central inside-sales operation and a dedicated renewals team. Collected royalties, net of administrative deductions, are distributed to member record labels based on market participation and airplay monitoring. The total organization employs approximately 100 people and operates exclusively within Mexico.

Somexfon firmographics

Firmographics
Name
Somexfon
Legal name
Sociedad Mexicana de Productores de Fonogramas Videogramas y Multimedia S.G.C.
Website
https://somexfon.com
Company type
Private
Founded year
2001
Operating status
Operating
Short description
Somexfon (SOMEXFON) is Mexico's INDAUTOR-authorized Collective Management Society that licenses public-performance rights to recorded music on behalf of 65+ record labels (Sony, Universal, Warner, etc.), collecting annual fees from businesses across 15+ sectors nationwide.
Ownership category
akta.pro rank

Somexfon industry classification

Industry
Product category
Music Rights Management & Royalty Collection
NAICS
Music Publishers (51223)
SIC
Miscellaneous Publishing (2741)
akta.pro industry
PRIMARYMPAIAKAA
Performing Rights Organizations (PROs) & Public Performance Licensing
Media, Entertainment & Sports/Music & Audio (Recording, Publishing, Streaming)/Music Rights & Royalty Services (PROs, Collection, Royalty Accounting)
SECONDARYMPAIABAE
Performance Rights Administration (PRO Affiliation, Cue Sheet/Setlist Processing)
Media, Entertainment & Sports/Music & Audio (Recording, Publishing, Streaming)/Music Publishing (Songwriting, Rights Administration, Licensing)
SECONDARYMPAIAKAJ
Micro-Licensing & Direct Licensing Platforms (UGC, SMB venues, online uses)
Media, Entertainment & Sports/Music & Audio (Recording, Publishing, Streaming)/Music Rights & Royalty Services (PROs, Collection, Royalty Accounting)

Keywords

  • Music licensing services
  • Royalty collection
  • Phonogram rights management
  • Collective management society
  • Public performance licensing

Where Somexfon is headquartered

Location

Headquarters

HQ city
Mexico City
HQ country
Mexico
HQ region
Latin America

Offices2 records

Markets served

Somexfon business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

  1. Public Performance Licensing Fees: Annual licensing fees collected from businesses that publicly perform recorded music. Fees are based on business category, size, capacity, and type of establishment. Revenue is distributed to member record labels after administrative deductions.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualCafeteria - Annual license fee
SubscriptionAnnualRestaurant by table count - Annual license fee
SubscriptionAnnualBus Lines - Per bus annual fee
SubscriptionAnnualAirlines - Per aircraft annual fee
SubscriptionAnnualBoutiques by size - Annual license
SubscriptionAnnualHotels by star rating - Annual license
SubscriptionAnnualDiscos/Nightclubs by capacity - Annual license
SubscriptionAnnualStadiums and concerts - Per event/annual
Usage-basedMonthlyRadio stations - Monthly or percentage of revenue

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Somexfon product offering

Product offering

Core offering

Somexfon is the Mexican Collective Management Society authorized by INDAUTOR to collect, at the national level, royalties for the public use of recorded music on behalf of phonogram producers. It grants Public Communication Licenses to businesses across 14+ sectors and distributes the resulting fees to its member record labels after administrative deductions. The organization represents more than 65 record labels (including Sony Music, Universal Music, and Warner Music) and provides access to a catalog of 65+ million songs.

Product overview

SOMEXFON (Sociedad Mexicana de Productores de Fonogramas, Videogramas y Multimedia) is a Collective Management Society (SGC) that operates as a licensing and royalty collection platform for recorded music. The company offers a unified licensing service that authorizes businesses to publicly use music from its catalog, which represents over 65 record companies including Sony Music, Universal Music, and Warner Music. The core product is the Public Communication License, which is complemented by sector-specific tariff plans covering 14+ business categories including transportation, hospitality, food & beverage, retail, nightlife, entertainment venues, stadiums, and media. The platform provides an online music catalog search tool and manages royalty distribution to member record companies based on market participation and airplay monitoring.

Differentiator

Problem solved

Functional benefit

Products and services

  • Licencia de Comunicación Pública de Música

Companies that use Somexfon

Customer profile

Named customers4 records

Segments8 records

Ideal customer profiles6 records

Somexfon technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Somexfon partnerships and signals

Strategic signal

Partnerships

Twelve partnerships are on record, tiered core, major and supporting.

  • IFPI (International Federation of the Phonographic Industry)coreOthers · 1 January 2026IFPI Latin America affiliated organization. SOMEXFON displays IFPI 2026 logo indicating membership and alignment with international phonogram protection standards.
  • Sony MusiccoreStrategic or Co-development Partner · 1 January 2001Major international record label represented by SOMEXFON for collection of public performance royalties. Sony Music is one of the three largest record labels globally.
  • Universal MusiccoreStrategic or Co-development Partner · 1 January 2001Major international record label represented by SOMEXFON for collection of public performance royalties. Universal Music is one of the three largest record labels globally.
  • Warner MusiccoreStrategic or Co-development Partner · 1 January 2001Major international record label represented by SOMEXFON for collection of public performance royalties. Warner Music is one of the three largest record labels globally.
  • EMI MusicmajorStrategic or Co-development PartnerRecord label with power of attorney filed with SOMEXFON for royalty collection representation.
  • AltafontemajorStrategic or Co-development PartnerRecord label with power of attorney filed with SOMEXFON for royalty collection representation.
  • Compañía FonográficamajorStrategic or Co-development PartnerMexican record label with power of attorney filed with SOMEXFON for royalty collection representation.
  • OrfeónmajorStrategic or Co-development PartnerHistoric Mexican record label with power of attorney filed with SOMEXFON for royalty collection representation.
  • Discos MusartmajorStrategic or Co-development PartnerMexican record label with power of attorney filed with SOMEXFON for royalty collection representation.
  • Balboa RecordssupportingStrategic or Co-development PartnerRecord label with power of attorney filed with SOMEXFON for royalty collection representation.
  • BGM (BMG Rights Management)majorStrategic or Co-development PartnerInternational music company with power of attorney filed with SOMEXFON (appears as 'lvrn' in logos).
  • CAPITOL (Universal Music Mexico)majorStrategic or Co-development PartnerUniversal Music Mexico subsidiary with power of attorney filed with SOMEXFON.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Somexfon competitors and assessment

Company assessment

Direct peers

  • SCPP (Société Civile des Producteurs Phonographiques): SCPP is the French collective management society representing phonogram producers for neighboring-rights collection. Closely mirrors Somexfon's role in collecting public performance royalties from venues and broadcasters for distribution to member labels.
  • GVL (Gesellschaft zur Verwertung von Leistungsschutzrechten): GVL administers neighboring rights for phonogram producers and performers in Germany, collecting public performance and broadcast royalties. Operates a similar tariff-and-distribution model to Somexfon across diverse venue categories.
  • PPL (Phonographic Performance Limited): PPL is the UK collective management organization that licenses recorded music (neighboring rights) for public performance and broadcasts and distributes royalties to record labels and performers. Comparable in mandate, business model, and stakeholder set to Somexfon.
  • PPCA (Phonographic Performance Company of Australia): PPCA licenses the public performance of sound recordings in Australia and distributes royalties to rights holders. Comparable mandate, vertical tariff structure, and reliance on membership of major record labels.
  • CAPIF (Cámara Argentina de Productores de Fonogramas y Videogramas): CAPIF is the Argentine trade body and collective manager that administers phonogram producer rights in Argentina, representing both major and independent labels. Closely aligned with Somexfon's role as a Latin American neighboring-rights CMS.
  • SoundExchange: SoundExchange is the U.S. collective management organization designated to collect neighboring-rights royalties for phonogram producers and featured artists for public performance of sound recordings. It is the closest functional analog to Somexfon, operating under a similar legal framework with mandatory collection rights.

Regional players

  • SCD (Sociedad Chilena del Derecho de Autor): SCD administers copyright and related rights for music creators and producers in Chile. While its scope is broader (composers and performers), its tariff-based public performance licensing model parallels Somexfon's regional Latin American collection framework.

Peers

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Somexfon social profiles

Digital presence

Somexfon financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Somexfon leadership team

Management profile

Number of profiles

Profiles15 records

Somexfon funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Somexfon M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Somexfon

What does Somexfon do?

Somexfon is the Mexican Collective Management Society authorized by INDAUTOR to collect, at the national level, royalties for the public use of recorded music on behalf of phonogram producers. It grants Public Communication Licenses to businesses across 14+ sectors and distributes the resulting fees to its member record labels after administrative deductions. The organization represents more than 65 record labels (including Sony Music, Universal Music, and Warner Music) and provides access to a catalog of 65+ million songs.

Is Somexfon a public or private company?

Somexfon is a private company. It is classified as unknown and is currently operating.

When was Somexfon founded?

Somexfon was founded in 2001.

Where is Somexfon based?

Somexfon is headquartered in Mexico City, Mexico, in the Latin America region.

How does Somexfon make money?

One revenue line is on record: public Performance Licensing Fees.

Who are Somexfon's main competitors?

Direct peers on record are SCPP (Société Civile des Producteurs Phonographiques), GVL (Gesellschaft zur Verwertung von Leistungsschutzrechten), PPL (Phonographic Performance Limited), PPCA (Phonographic Performance Company of Australia), CAPIF (Cámara Argentina de Productores de Fonogramas y Videogramas) and SoundExchange. SCD (Sociedad Chilena del Derecho de Autor) is listed as a regional player. SACM (Sociedad de Autores y Compositores de México) is listed as a peer.

Does Somexfon have an API?

No public API is recorded for Somexfon.

What industry is Somexfon in?

Somexfon's product category is Music Rights Management & Royalty Collection. Its primary akta.pro industry code is MPAIAKAA, Performing Rights Organizations (PROs) & Public Performance Licensing, with a secondary code of MPAIABAE, Performance Rights Administration (PRO Affiliation, Cue Sheet/Setlist Processing). Its NAICS code is 51223 and its SIC code is 2741.

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