The IFPI has teamed up with music tech firm Bmat and four collecting societies in Asia to launch SoundSys, which it’s describing as “a complete, cost-effective back-office distribution system for revenue collected for the broadcasting and public performance of sound recordings and karaoke videos”. The point being that developing a shared system means the societies – in Indonesia, Singapore, Thailand and India – do not have to build it themselves.
Its launch follows the debut of the repertoire data exchange service RDx last year, with the IFPI promising that the combination of the two systems “will provide a standardised, high quality recording metadata supply pipeline and data processing capability for MLCs that will significantly improve the performance rights management landscape worldwide”.
The IFPI says it aims to roll SoundSys out to other parts of the world following this week’s launch.
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