Björn Ulvaeus speaks onstage at Featured Session: Creator Credits: Providing the Missing Links during the 2019 SXSW Conference and Festivals at Hilton Austin on March 14, 2019 in Austin, Texas.
The ISWC administration switchover began in July with over 100 collection management organizations now participating in the new system, according to CISAC which commissioned Spanish Point Technologies to develop the new registration scheme. The rest of the publishing community and digital music platforms are expected to roll over to the new ISWC system shortly.
Music publishing royalties from digital licensing rose 27 per cent to €2.1 billion in 2019, according to CISAC, and now accounts for about 22 per cent of all music publishing collections. The other big benefit that ISWC centralization provides is helping to avoid duplications and inaccuracies that sometimes find its way into the marketplace. For example, if a song was written by multiple authors from different countries who belong to different collection management organizations, sometimes a work would inadvertently be assigned more than one code.
SHEENA’s amazing dance cover of ‘MIC DROP’ by BTS
Nicé
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: billboard - 🏆 112. / 63 Read more »
Source: enews - 🏆 466. / 52 Read more »
Source: BuzzFeed - 🏆 730. / 51 Read more »
Source: billboard - 🏆 112. / 63 Read more »
Source: VogueRunway - 🏆 705. / 51 Read more »