Music rights data and asset management platform rightsHUB has integrated data delivery feeds with six leading music recognition technology (MRT) companies to enable its users to register songs with MRTs in a single upload.
The integration of Gracenote, DJ Monitor, BMAT, Soundmouse and Yacast into the first stages of the metadata supply chain sees rightsHUB delivering a key part of the toolkit to tackle issues around mismatched metadata and royalty payments. Having the ability to easily register songs with MRTs prior to release will mean that rights holders are supplying accurate and rich metadata to their partners early on; thus assisting PROs and CMOs in reporting.
rightsHUB have also integrated with Jaxsta, a music company using technology to develop the world’s most comprehensive resource of official music credits. This partnership will help ensure rightsHUB user’s repertoire is properly accredited, wherever it is listened to and enjoyed.
Yuri Dokter, CEO & Founder, DJ Monitor highlighted the quality, completeness and timeliness of reporting when it comes to the benefits of having MRTs integrated into the first stages of the metadata delivery chain: “The better the quality of metadata attached, the greater the chance that usages of works/recordings can be identified and matched to the correct rights holders by the CMOs. By submitting content to DJ Monitor through rightsHUB rights holders’ content will be registered at a high-trust level. High-trust level data ensures acceptance by CMOs, ensuring exploitation is accurately reported and revenues flow correctly.”
Joel Stoner, Label Partnerships Manager, Soundmouse added “Delivering accurate, complete and error-free data is paramount in today’s royalty reporting landscape, which is increasingly driven by MRTs. rightsHub enables rights owners to manage their data in a single place so it can be delivered to Soundmouse efficiency”.
rightsHUB CEO Lee Morrison highlighted that the common practice of not sending data to MRTs until release date or even after is far from ideal when it comes to earning more revenue in the long term.
He said, “It’s vital that rights holders take responsibility for registering their rights with MRT companies in the same way as they do with their distributors, CMOs and PROs. With the correct data, revenue can flow to the rightsholder as it should. We have to give the MRT companies the data as early as possible into the promotional cycle so that performance can be identified.
“By offering this service for free to clients we hope rights holders will earn more revenue in the long term. In the past, this has not been possible for rights holders directly, due to them not having the technical capability. With rightsHUB, data can be delivered to all B2B partners at the touch of a button, reducing the need for multiple manual data delivery points”.
With contribution from AFEM, AIM, PRS For Music, Mixcloud, DJ Monitor, Soundmouse, BMAT, Sentric, seeqnc, ACRCloud and PEX we recently published 'Music Recognition Technology -The hidden superpower behind the world's leading music companies'.