May 14 - May 17, 2018
Music Biz 2018 — the Music Business Association’s 60th anniversary conference — will bring together global power players and industry enthusiasts committed to the future of music monetization for 100+ panels, presentations, workshops, private meetings, cocktail parties, live music, and more.
Register today to join the 2,000+ attendees expected to descend on Nashville for the four most important days on the industry calendar!
Panels Featuring SoundExchange:
Collective Management of Rights: Do We Need More or Less?
Date: May 14, 2018
Time: 11:00am -11:55am
Location: Legends D
Featuring: Richard Conlon - Chief External Affairs Officer, SoundExchange
Panel Description: In recent years, collective management of rights has expanded with the addition of SoundExchange, administering a brand new right; GMR entering the already crowded field of performance rights; additional organizations challenging HFA's long-time control over mechanical rights in the U.S. At the same time, user organizations have struck some direct deals, avoiding collecting societies. Now, there is a proposal to create another massive collecting society to cure the problems created by the Section 115 on-demand streaming mechanical. This panel will examine collective management, the issues surrounding collective management and discuss solutions and obstacles to solutions going forward.
Music Data Exchange: Linking Recordings and Compositions
Date: May 15, 2018
Location: Music Row 5 (Metadata Summit)
Featuring: John Bender - Chief Operating Officer, SoundExchange
Panel Description: The lack of an efficient workflow to establish timely and authoritative linking of compositions to sound recordings is an incredible stumbling block in the music industry, arguably the most inefficient link in today’s royalty chain. When a label releases a track, it is frequently (almost always?) unclear who the publisher is and/or what their royalty share of that composition is. The problem is compounded by the fact that many songs have multiple writers and multiple publishers. The need to make this link and establish shares won’t ever go away.
In cooperation with U.S. record labels and music publishers, SoundExchange has developed and launched a hub that centralizes the exchange of data between labels and publishers, gives publishers full visibility to claimed and unclaimed percentages and allows publishers to communicate their shares.
The new Music Data Exchange (MDX) portal provides a workflow and central database for real-time, pre-release, highly automated (via DDEX messaging), efficient exchanges of data, resulting in owner-established links between new release recordings and their underlying compositions. Music Data Exchange has proven its value during rigorous, extensive beta testing, with a scheduled production launch in March 2018. Not a moment too soon.