The latest music-industry initiative attempting to tackle metadata muddles comes from two global bodies: the IFPI and WIN. It’s called the Repertoire Data Exchange (RDx for short) and is about unifying data passed between labels and music licensing companies (MLCs).
“RDx will offer recording right holders of all sizes, from all countries, a single registration point to supply their repertoire data in a standardised format (DDEX MLC) that can be quickly and easily accessed by all MLCs, leading to improvements in data quality,” is how the bodies described their plans yesterday.
They have chosen British collecting society PPL to run the RDx service, which they hope will speed up public-performance and broadcast royalty payments. “It will improve operational efficiencies and lower costs for right holders whilst allowing MLCs to retrieve authoritative repertoire data from a single point – enabling more accurate and timely distribution of revenues,” said IFPI boss Frances Moore. “We are delighted that the industry has worked together to create a service for the benefit of all labels and producers,” added WIN head Charlie Phillips.
Tools: platforms to help you reach new audiences
Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…