Music Reports has launched an unnamed rights administration platform aimed at clearing up publishing information for the millions of songs, largely from independent artists, that are digitally distributed through platforms like CD Baby and TuneCore.
Music Reports estimates 500,000-750,000 new recordings are released on streaming services every month; the company hopes to ensure that the publishing data on these songs is registered, up-to-date, and can be matched against commercially released master recordings.
Since most digital distributors don’t provide publishing information when placing music on streaming services, when the publishers and songwriters are not known those works are directed to a rights administration system, where songwriters or their publishers can claim those songs, allowing for publishing payments to be made.
Source: Billboard