March 1, 2011
The industry estimates that 100 million euros each year could be saved in copyright administration fees and returned to song writers and the industry by simplifying the current system, Reuters reports.
The report says, ‘There is currently no database or central point showing which publisher or song writer unequivocally owns which rights… Now, consultancy Deloitte is working to develop a global repertoire database (GRD) for the publishing industry.’ Read full report