New music industry exchange for recording data RDx up and running

Updated: Feb 10, 2021

The global record industry trade groups IFPI and WIN announced that the Repertoire Data Exchange (RDx) system they have been working on for the past years is now live. The new system will help record labels, music distributors and collection societies around the world make sure they all have the correct data about a track. This will hopefully help make the distribution of royalties faster and more accurate.

Currently nearly every country has its own collecting society that collects royalties for labels and performers when music is broadcast-ed or played in public. To make sure these royalties are divided up correctly, every collecting society has its own database containing information about the music made by their members. With so many different databases around the world, mistakes are easily made and this leads to people not getting paid the correct amount, or not getting paid at all.


With the new RDx system developed by IFPI and WIN, record labels and performers have one central point where they can register the needed information about their work. After registering, collection societies can take the information for dividing royalties, instead of accessing their own databases. This centralised system also makes it easier for record labels and performers to update information in the future, without having to contact every collection society individually.


So far the major record labels Universal Music Group, Sony Music Entertainment, Warner Music Group and a number of indie labels like Beggars and the State51 Music Group have uploaded their catalogues to the RDx system. Collecting societies PPL in the UK, the Finnish Gramex, Re:Sound in Canada and the Dutch SENA have joined as well.

 

Source: Complete Music Update

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