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Business News (more headlines) 02-03-2013

Global Repertoire Database On Track For 2015 Release

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The Global Repertoire Database (GRD) project has announced completion of its Scoping Study and commencement of its Requirements and Design Phase. Having reached these milestones, the project is on track for the first release to debut in 2015.

The goal of the GRD is to provide the first, single, comprehensive and authoritative representation of the global ownership and control of musical works. Once deployed, the GRD will save extensive costs, currently lost to duplication in data processing.

The GRD Working Group consists of representatives from 14 organizations of creators, publishers, collective management societies, digital service providers and their trade associations, including APRA, GEMA, PRS for Music, SACEM, STIM, CISAC, Sony/ATV/EMI Music Publishing, Universal Music Publishing, Warner Chappell Music, ICMP, ECSA, Google, iTunes and Omnifone. APRA (Australia), ASCAP (US), BMI (US), BUMA (Netherlands), GEMA (Germany), PRS for Music (UK), STIM (Sweden), SACEM (France), SOCAN (Canada), SABAM (Belgium), SGAE (Spain), SIAE (Italy) and UBC (Brazil) are supporting the project with funding, knowledge and access to their databases. Deloitte is managing the GRD with support from technology solution providers ICE and FastTrack. In all, nearly 30 companies represented by almost 100 individuals are directly involved in the work worldwide.

ASCAP CEO John LoFrumento commented: "ASCAP sees tremendous value in the GRD for our songwriter, composer and publisher members. The GRD offers operational efficiencies that will result in a streamlined licensing process in the digital music marketplace, strengthening the legal use of our members' music and encouraging fair and prompt payments. ASCAP remains committed to the success of the GRD project."

Andrew Jenkins, Chair of ICMP (International Confederation of Music Publishers) commented: "ICMP and its music publisher members around the world are committed to the development of the Global Repertoire Database which will benefit all those who have a stake in improved music licensing processes, including creators, music publishers, collecting societies, music suppliers and fans of music everywhere. Indeed, it is impossible to argue against the benefits of the GRD for the wider community and all of us involved are working together to deliver something that will be a game-changer for the industry."

"The GRD marks a crucial initiative in improving the operational efficiency of the whole licensing process for musical works for all stakeholders and will help ensure that creators of music are quickly and efficiently compensated for their work," said Jörg Evers, a composer representing ECSA (European Composer and Songwriter Alliance) on the GRD Working Group.

The Requirements and Design phase of the project began in October 2012 and will continue through May 2013. The focus will be on the business requirements and rules of the database including a definition of standards for works, agreements and repertoire mandates as well as definition of the GRD logical data model.

During this phase, the GRD will be set up as a legal entity, the business plan will be completed and the logical technology architecture for the system will be defined. In mid-2013, the project will move into the technology build, with a first release of the database due in 2015.

"As a digital music service provider, we fully support the activities of the GRD because a fully functional GRD will make it easier to operate in the online music world, reduce barriers to entry and thus enable a growing and viable digital music market to the benefit of all stakeholders, and most importantly, consumers," said Jez Bell, Chief Content Officer for Omnifone.


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