YouTube has built a new tool which it says will deliver ‘more accurate reporting of music content’ to music publishers and collection societies. As a result, the Google-owned business believes it will set into motion ‘a faster and more accurate payout and distribution of royalties’.
The new tech is pretty… technical sounding: a new open-source implementation and validation tool for DDEX’s Digital Sales Report Flat File (DSRF). In a nutshell, that’s the industry standard format for digital licensees to report sales and usage to music licensors for both audio and audio-visual content.