Music technology provider Audible Magic has announced two new services, Rights Audit and Rights Rx, designed to verify rights ownership across more than 200 territories before new music is added to a catalog. Sony owned indie distributor The Or
chard is among the first to sign on.
The new service will identify a track or clips from that track that have been registered by other rights holders in any territory. A conflict exists if a match is found both with the audio of the underlying sound recording and more than one rights owner has registered that content in the same territory. Audible Magic’s catalog contains rights ownership information on over 25 million music tracks.
Both services are monthly subscriptions and can easily fit with a company’s content management system and existing workflows. Rights RX is an entry level lower cost version of Rights Audit.
“We are excited to offer these two services to begin to address a significant industry-wide problem, in an easy and cost-effective way,” said Vance Ikezoye, President and CEO at Audible Magic.
“Audible Magic’s tools provide a huge service to us. Rights management is an essential part of the business and it is important to make sure artists and labels are getting the revenue they deserve,” said Tucker McCrady, EVP & General Counsel at The Orchard.
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