Domino and Sentric Music join RDx to improve performance rights data supply chain and speed up distribution of royalties
30 May 2024 - Press releaseThe two companies join Sony Music, Universal Music Group, Warner Music Group, Beggars Group and BMG, in uploading their repertoire to IFPI and WIN’s RDx data exchange portal.
The global repertoire data exchange service (RDx) has today announced that Domino and Sentric Music have onboarded their repertoire to the platform. The participation of Domino and Sentric means performance rights data for acts such as Arctic Monkeys, Franz Ferdinand, Julia Holter and recordings data for rights holders in the Sentric Music family such as Edition Records, Lyric House and New West, will flow accurately and help to ensure the licence fees for the use of recordings are distributed back to Domino and Sentric by Music Licensing Companies (MLC) in a timely and efficient manner.
Launched in October 2020, RDx is a music data exchange service from IFPI representing the recording industry worldwide (IFPI) and Worldwide Independent Network (WIN), working on behalf of the global independent community. Built and operated by Phonographic Performance Limited (PPL), RDx enables record companies and Music Licensing Companies (MLCs), to submit and access authoritative recording data via a single point. Alongside Domino and Sentric Music, many leading record companies, including Beggars Group, BMG, Sony Music, Universal Music Group and Warner Music Group have already joined RDx, and over 4.6m registrations of repertoire data have already been processed by the platform, up from 1.4m at launch.
Record companies have historically used a variety of data delivery processes to supply data to individual MLCs around the world, and the industry is moving towards standardising these information flows to boost efficiency. RDx simplifies the data-handling process by delivering repertoire data in a standardised format (DDEX RDR) that can be quickly and easily accessed by participating MLCs. This is helping to improve the timeliness, accuracy and efficiency of MLCs’ revenue distributions to rights holders and provides mechanisms for increasing data quality and automatically alerting rights holders when potential rights conflicts are detected.
When RDx launched in October 2020, four MLCs were receiving data from the service. Over three years later, this number has more than doubled to 10 MLCs. They are PPL (UK), AGEDI (Spain), Gramex (Finland), GVL(Germany), SCF (Italy), SENA (The Netherlands) and Re:Sound (Canada). In addition, six more territories Estonia, Iceland, Ireland, Latvia, Lithuania and Portugal, benefit from RDx through PPL’s business services partnerships. In 2024 alone, three new MLCs onboarded; Gramo in Norway, IFPI in Sweden and UBC in Brazil, extending RDx’s coverage into South America for the first time.
Sam Heerey, Head of Neighbouring Rights, Domino Recording Company said: “The team at Domino are proud to onboard to RDx and see our hard work and commitment to improving rights data in the supply chain pay off. We are already seeing efficiencies to the business and with us providing unique identifiers for performers alongside recording and rights information this will ensure our current and future artists benefit in the more accurate payment of their royalties. It’s exciting to see more MLC’s showing interest to join and we look forward to supporting the independent community and getting more data into the service.”
Richard Gooch, CTO, IFPI said: “Through their work and ongoing commitment to RDx, record companies and their Music Licensing Company partners continue to transform the data supply chain, leveraging DDEX standards to create a streamlined process underpinning performance rights, licensing and payments. The onboarding of these iconic record companies and further Music Licensing Companies marks a pivotal shift from technology-driven to business-led innovation, which further boosts efficiency and transparency across the sector.”
Noemí Planas, CEO of WIN added: “We are excited to welcome Domino and Sentric to RDx, our innovative platform providing a streamlined solution for delivering repertoire data to multiple Music Licensing Companies. This single point of entry significantly enhances efficiencies for independent record companies, while also improving data quality across the value chain enabling more efficient distributions.”
Submit news or a press release
Want to add your news or press release? Email Paul or Kevin
Two week FREE trial