Music Publishing News

Weekly Music Publishing Update: Friday, April 14, 2017

Julia Pernicone
Julia Pernicone on Apr 13, 2017

There has been significant buzz around three of the world’s largest member-owned collection societies – ASCAP, SACEM, and PRS.

Together they have announced a partnership to prototype a shared system of managing copyright information using blockchain technology.


These American, French, and British societies have also included IBM in their partnership. Elizabeth Matthews, CEO of ASCAP, noted, “ASCAP is always looking for opportunities to exploit new technology platforms to specifically address the needs of our members and the music industry.”

The partnership aims to model a new system for managing the links between music recordings and song compositions via ISRC (International Standard Recording Code) and ISWC Codes (International Standard Music Work Code). Although these two pieces of data were intended to create unique identifiers for music, there are issues of duplication. The blockchain initiative will help increase the accuracy of the data that both codes provide.

So what does this mean for songwriters? The stronger link blockchain aims to create between ISRC and ISWC info will speed up the process of international royalty matching, reduce errors and lower costs, ultimately improving speeds that publishing royalties are paid to songwriters.

The blockchain prototype also allows for greater transparency and accuracy of music usage by third parties, especially across streaming services. Songwriters and artists would potentially be able to view accurate data of what music is being used and played, and when it is delivered across new music formats.

All three societies involved have agreed “the project is proving to be an exciting reference point for future industry blockchain solutions.”

Related Articles

Weekly Music Publishing Update: Friday, July 14, 2017

The talk of the music industry this week has been in regards to the “fake artists” that have been popping up in playlists all over Spotify. 

Jul 13, 2017

Weekly Music Publishing Update: Friday, June 23, 2017

At the National Music Publishers’ Association (NMPA) Centennial Annual Meeting in New York this month, Sony/ATV CEO Martin Bandier was awarded the Life Service Award.  In his speech, he spoke about how songwriters and music publishers are not given their fair share of revenue and recognition in the wake of the streaming revolution.

Jun 22, 2017

Weekly Music Publishing Update: Friday, May 12, 2017

For the first time in more than a decade, the Grammy Awards will be returning to New York City for the airing of the 60th anniversary ceremony. The Grammy celebration had previously rotated its location in the 70’s, 80’s and 90’s, until 2004, when it resided in LA for the next 14 years.

May 11, 2017