CREDIT: Rex/Shutterstock UPDATED: In a groundbreaking show of unity, and, the nation’s two leading performing rights organizations, announced today that they will create a single, comprehensive database of musical works from their combined repertories that will deliver an authoritative view of ownership shares in the vast majority of music licensed in the United States. Expected to launch in the fourth quarter of 2018, the database will feature aggregated song-ownership data from and and offer greater transparency to music users and the industry.

Adrenalin - Extreme Show [english]. According to a release, team of copyright, technical and data experts from the two organizations began working on the project over a year ago in anticipation of the demand from licensees and the industry for more clarity around ownership shares. The database, which will be publicly available initially via the two organizations’ searchable repertory databases — ASCAP’s and BMI’s — will feature aggregated information from those repertories and will indicate where other performing rights organizations may have an interest in a musical work. The joint database will serve as a foundation that can evolve to include a broader range of music information across the entire industry.

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Related The two organizations will continue to maintain their own websites, but users will see the combined database when they search for information on titles. The move is a welcome one to virtually anyone seeking songwriting and publishing data, which for decades has involved often-laborious digging and combining of information from different sources. While ASCAP and BMI work together frequently on common-interest matters such as the over song licensing, the two organizations are traditionally competitors and often-fierce rivals. Thus, this database initiative is unprecedented in its level of scale and cooperation. The two organizations are also the two best entities to host it — the U. G7000 Drivers Windows 7. S.

Copyright Office was also considered — as they are constantly updating and refining their data for accuracy and have strong market-driven reasons to do so. ASCAP CEO Elizabeth Matthews said: commented, “ASCAP and BMI are proactively and voluntarily moving the entire industry a step forward to more accurate, reliable and user-friendly data. We believe in a free market with more industry cooperation and alignment on data issues.

Together, ASCAP and BMI have the most expertise in building and managing complex copyright ownership databases. With our combined experience, we are best positioned to make faster headway in creating a robust, cost effective market solution to meet the needs of the licensing marketplace.” BMI president/CEO Mike O’Neill, added, “This is an important solution for the marketplace created by the experts who know their data best. We have always advocated for data transparency and supported the need for a user-friendly and comprehensive solution that would benefit music users and music creators alike. While BMI and ASCAP remain fierce competitors in all other regards, we recognize that our combined expertise allows us to create the best solution for our members and the marketplace. We’re excited by our momentum and the promise of what this database can become in the future.”.