YouTube launches tool to enable ‘faster, more accurate royalty distributions’ 

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.

Source: YouTube launches tool to enable ‘faster, more accurate royalty distributions’ – Music Business Worldwide

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