NASHVILLE, TN (CelebrityAccess) -- Rumblefish Founder Paul Anthony Troiano has announced plans to resign from his post as President and CEO of the music licensing tech company.
Troiano founded the company, which specializes in self-reporting license verification technology, in his dorm room at the University of Oregon in 1996. In 2013, he sold the company to performance rights organization SESAC for an undisclosed sum.
After stepping down from his post, Troiano will remain as an advisor to the company, while Rumblefish's current management team will assume day-to-day operations.
“I’m extremely proud of what the Rumblefish team and I have accomplished for artists over the years, paying out tens of millions of dollars in micro-licensing royalties and to have played a part in building the world’s first true “MRO” (Music Rights Organization), combining SESAC, HFA and Rumblefish under one roof. Rumblefish remains dedicated to innovation and fairly compensating artists for their music and will continue to do so through this period of rapid growth and into the future. I admire, respect and have high hopes for the amazing team of people succeeding me at the company. This has been an experience of a lifetime and was made possible by the many, many artists who believe in us and know that we genuinely care about them and their music…music that it was my honor to have represented.” - Staff Writers