The GRD Working Group – a cross sector initiative including EMI Music Publishing, Universal Music Publishing, iTunes, PRS for Music, STIM and SACEM – will be consulting a core group of around 20 representative organisations from around the world including publishers, songwriter associations, collecting societies and digital retailers, and a wider group of stakeholders to determine the technical, data, business process and organisational design aspects of the Global Repertoire Database, as well as the approach to governance and funding. The Global Repertoire Database is an attempt to establish a central repository for music metadata governed by a standardised set of rules and communication protocols. Its aim is to provide a single, comprehensive and authoritative representation of the global ownership and control of musical works in order to reduce data management and working capital costs and to lower the administrative barriers to businesses seeking to distribute content online, as well as to ensure that rights owners are quickly and efficiently compensated for their work. Source: press release

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