IRIS: Mapping Master and Publishing Information and Identifiers

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In the following article we examine the value and commercial benefits of mapping master information to publishing information and linking ISRCs to their underlying ISWCs and other PRO identifiers.

Given the high amount of activity in the catalog acquisition space over the last few years it is inevitable that prices continue to rise for publishing rights with many catalogs changing hands as they are seen as valuable long term assets with regular earning potential.

Investors are increasingly finding it a challenge to manage these day to day as the amount of data they need to handle explodes, with many unfamiliar with using anything outside of Excel.

Synchtank’s IRIS royalty accounting system allows users to manage the process quickly and easily, offering a sophisticated model for dealing with large and complex data sets.

Tracking master earnings for the underlying publishing

IRIS also offers, through the process of statement ingestion, a rapid way to build up a reference library of master information by tracking master earnings for the underlying publishing.

As publishers look to drive additional revenue from both existing and new sources, the ability to identify which recordings and label partners are getting the most attention is a valuable way of putting in place new partnerships that will yield better commercial results longer term.

Ensuring that they have the right data will also help to make sure that the copyrights are correctly identified on any distributions through these partnerships.

Increasingly comprehensive master to publishing mapping

IRIS will continually build on the master to publishing mapping, making it more and more comprehensive as statements are processed through it and linking ISRCs to their underlying ISWCs and other PRO identifiers. Use of black box scanning technology backed up by comprehensive publishing and recording databases is also a valuable revenue driver.

For further information on how IRIS supports master to publishing mapping please contact support@synchtank.net.