July 26, 2017
Comprehensive Resource To Increase Ownership Transparency In Performing Rights Licensing
New York – (July 26, 2017)—ASCAP and BMI, the nation’s two leading performing rights organizations, have joined forces to create a single, comprehensive database of musical works from their combined repertories that will deliver an authoritative view of ownership shares in the vast majority of music licensed in the United States. Expected to launch in the fourth quarter of 2018, the first-of-its-kind database will feature aggregated song ownership data from ASCAP and BMI and offer greater transparency to music users and the industry. The announcement was made today by Elizabeth Matthews, CEO, ASCAP and Mike O’Neill, President and CEO, BMI.
A cross functional team of copyright, technical and data experts from BMI and ASCAP began working on the project over one year ago, in anticipation of the demand from licensees and the industry for more clarity around ownership shares. The database, which will be publicly available initially via ASCAP’s and BMI’s websites, will feature aggregated information from BMI’s and ASCAP’s repertories and will indicate where other performing rights organizations may have an interest in a musical work. The joint database will serve as a foundation that can evolve to include a broader range of music information across the entire industry.
Matthews commented, “ASCAP and BMI are proactively and voluntarily moving the entire industry a step forward to more accurate, reliable and user-friendly data. We believe in a free market with more industry cooperation and alignment on data issues. Together, ASCAP and BMI have the most expertise in building and managing complex copyright ownership databases. With our combined experience, we are best positioned to make faster headway in creating a robust, cost effective market solution to meet the needs of the licensing marketplace.”
O’Neill added, “This is an important solution for the marketplace created by the experts who know their data best. We have always advocated for data transparency and supported the need for a user-friendly and comprehensive solution that would benefit music users and music creators alike. While BMI and ASCAP remain fierce competitors in all other regards, we recognize that our combined expertise allows us to create the best solution for our members and the marketplace. We’re excited by our momentum and the promise of what this database can become in the future.”
The respective teams are analyzing, testing and reconciling the data from each organization, addressing incomplete and/or incorrect registrations, share splits, U.S. representation of international works and complicated ownership disputes, among other things. They are now testing the combined data sets in a cloud platform, and the results of that analysis will serve as the foundation for the joint database.
The joint database will roll out in phases with Phase One expected to launch by the end of 2018, and include the majority of ASCAP and BMI registered songs. It will be secure, user-friendly and searchable and will be updated as new information becomes available. Future phases will explore customizable, interactive API solutions and the potential inclusion of other databases.
ASCAP and BMI have proven their commitment to industry-wide data transparency by making public aggregated song share ownership through their respective online, searchable repertory databases – ASCAP’s ACE Repertory and BMI’s Repertoire Search. Both PRO public databases already include the following information, which will be combined in the joint database:
• Song and composition titles
• Performing artist information
• Aggregated shares by society for ASCAP & BMI
• International Standard Work Codes (ISWC) and other unique identifiers
• IPI names and numbers.
ASCAP’s and BMI’s respective databases will continue to be available on each organization’s respective website during the creation and initial launch of the joint database.
About ASCAP:
The American Society of Composers, Authors and Publishers (ASCAP) is a professional membership organization of songwriters, composers and music publishers of every kind of music. ASCAP’s mission is to license and promote the music of its members and foreign affiliates, obtain fair compensation for the public performance of their works and to distribute the royalties that it collects based upon those performances. ASCAP members write the world’s best-loved music and ASCAP has pioneered the efficient licensing of that music to hundreds of thousands of enterprises who use it to add value to their business - from bars, restaurants and retail, to radio, TV and cable, to Internet, mobile services and more. The ASCAP license offers an efficient solution for businesses to legally perform ASCAP music while respecting the right of songwriters and composers to be paid fairly. With over 625,000 members representing more than 10.5 million copyrighted works, ASCAP is the worldwide leader in performance royalties, service and advocacy for songwriters and composers, and the only American performing rights organization (PRO) owned and governed by its writer and publisher members. Learn more and stay in touch at www.ascap.com, on Twitter @ASCAP and on Facebook.
About BMI:
Celebrating over 76 years of service to songwriters, composers, music publishers and businesses, Broadcast Music, Inc.® (BMI®) is a global leader in music rights management, serving as an advocate for the value of music. BMI represents the public performance rights in nearly 12 million musical works created and owned by more than 750,000 songwriters, composers, and music publishers. The Company negotiates music license agreements and distributes the fees it generates as royalties to its affiliated writers and publishers when their songs are performed in public. In 1939, BMI created a groundbreaking open-door policy becoming the only performing rights organization to welcome and represent the creators of blues, jazz, country, and American roots music. Today, the musical compositions in BMI’s repertoire, from chart toppers to perennial favorites, span all genres of music and are consistently among the most-performed hits of the year. For additional information and the latest BMI news, visit bmi.com, follow us on Twitter @BMI or stay connected through Broadcast Music, Inc.‘s Facebook page. Sign up for BMI’s The Weekly and receive our e-newsletter every Monday to stay up to date on all things music.
Contact:
Lauren Iossa, ASCAP
.(JavaScript must be enabled to view this email address), 212-621-6226
Cathy Nevins, ASCAP
.(JavaScript must be enabled to view this email address), 212-621-8414
Liz Fischer, BMI
.(JavaScript must be enabled to view this email address), 212-220-3160
Jodie Thomas, BMI
.(JavaScript must be enabled to view this email address), 212-220-3142
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