SXSW 2024
Illuminating the Black Box: A New Era of Data Transparency
Description:
The term “black box” commonly refers to a revenue pool at a collection society where the rightful songwriters and/or publishers, whose songs have generated income, cannot be identified or located. An initiative is underway to illuminate & eliminate these black boxes by increasing transparency into the previously inaccessible data. The Mechanical Licensing Collective (The MLC), PRS for Music & CrossBorderWorks discuss how the industry wide efforts towards transparency & accountability are transforming the industry, paving the way for better licensing & payment practices.
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Takeaways
- Gone are the days of the black box. With increased data transparency, the once mysterious realm is becoming accessible to all.
- To facilitate the payout of unclaimed royalties, it is imperative that rights holders contribute by rectifying errors and bridging data gaps.
- While there is still more work to be done, the collective efforts of collection societies and rights holders is transforming the industry.
Speakers
- Kris Ahrend, CEO, Mechanical Licensing Collective (The MLC)
- Vickie Nauman, Founder/CEO, CrossBorderWorks Consulting/Advising
- Andrea Czapary Martin, CEO, PRS for Music
Organizer
Liz Mayo, Director Of Public Relations, The Mechanical Licensing Collective
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