Record labels Domino and Sentric Music have joined global repertoire data exchange service RDx.
According to media reports, this means that performance rights data for artists such as Arctic Monkeys, Franz Ferdinand and Julia Holter, as well as recording data for Sentric Music rights holders such as Edition Records, Lyric House and New West, will be more accurate on Thursday (May 30 date) was released.
RDx is a service built and operated by Recording Performances Limited (PPL)and launched in October 2020 international federation of food industryrepresenting the global recording industry, and win, a global independent network. It allows record labels and music licensing companies (MLCs) to submit and access data through a single platform.
Prior to RDx, record labels used various methods to provide data to various MLCs around the world. RDx says it aims to standardize this process by using specific data formats (DDEX RDR) Participating MLCs have easy access. This increases the accuracy and efficiency of allocating royalties to rights holders.
Domino and Sentric Music are the latest companies to join the RDx exchange service, following Beggars Group, BMG, Sony Music, Universal Music Group and Warner Music Group. RDx means that more than 4.6 million Registration of repertoire information, than 1.4 million at launch.
“Through their work and continued commitment to RDx, record labels and their music licensing partners continue to transform the data supply chain, leveraging the DDEX standard to create a streamlined process that supports performance rights, licensing and payments.”
Richard Goochinternational federation of food industry
When RDx starts, only four MLCs receive data from the service. Three years later, that number had more than doubled to 10, including PPL (U.K), Agdi (Spain), Gramax (Finland), total value (Germany), supercritical fluid (Italy), Senna (Netherlands), and re sound (Canada). Six other regions – Estonia, Iceland, Ireland, Latvia, Lithuania and Portugal – are also benefiting from RDx through PPL’s business services partnership. In 2024 alone, 3 new MLCs will join: gram In Norway, international federation of food industry in Sweden, and University of British Columbia Brazil marks RDx’s first expansion into South America.
“The Domino team is proud to join RDx and see our hard work and commitment to improving rights data in the supply chain pay off,” said Sam Hurrydirector of neighborhood rights at Domino Records.
“We are already seeing improvements in business efficiencies and the fact that we are providing performers with unique identifiers along with recording and copyright information will ensure our current and future artists benefit from more accurate royalty payments. It will be great to see more MLC has shown interest in joining and we look forward to supporting the independent community and bringing more data into the service.
“We are pleased to welcome Domino and Sentric to RDx, our innovative platform provides a streamlined solution for delivering track data to multiple music licensing companies.”
Noemí Planas, global independent network
Richard GoochIFPI CTO added: “Through their work and continued commitment to RDx, record labels and their music licensing partners continue to transform the data supply chain, leveraging the DDEX standard to create a streamlined process that supports performance rights, licensing and payments.
“The addition of these iconic labels and more music licensing companies marks a critical shift from technology-driven to business-led innovation, which further increases efficiency and transparency across the industry.”
CEO of WIN Noemi Planas also commented on the collaboration, saying: “We are delighted to welcome Domino and Sentric to RDx, our innovative platform provides a streamlined solution for delivering track material to multiple music licensing companies. This single point of entry significantly improves efficiencies for independent record labels, while also improving data quality across the entire value chain, allowing for more efficient distribution.
global music business
