Skip to main content

Digital Data Exchange to Set Media Standards

According to the Hollywood Reporter, major record labels, technology companies and publisher groups have formed a membership-based organization to create standards for communicating information necessary to license and sell digital entertainment globally.

The U.S.-based Digital Data Exchange (DDEX) was founded by 11 charter members: EMI Music, Sony BMG Music Entertainment, Warner Music Group, Universal Music Group, Apple Computer, Microsoft, RealNetworks, ASCAP, the Harry Fox Agency, U.K. collecting society MCPS-PRS Alliance and Spanish society SGAE. French society SACEM is reportedly finalizing its charter membership.

The group hopes to create voluntary standards to ensure the speedy and accurate transfer of digital music, videos, artwork and information that identifies the music, creators, copyright holders, purchases and other sales-related data.

With more than 100 digital service providers, an increasing number of mobile service providers, dozens of collecting societies and thousands of music publishers and record labels -- most using different software and set up to identify music in different ways -- the back-office systems are creating a log jam and increasing costs for the transition to digital distribution.

Popular posts from this blog

Shared Infrastructure Leads Cloud Expansion

The global cloud computing market is undergoing new significant growth, driven by the rapid adoption of artificial intelligence (AI) and the demand for flexible, scalable infrastructure. The recent market study by International Data Corporation (IDC) provides compelling evidence of this transformation, highlighting the accelerating growth in cloud infrastructure spending and the pivotal role of AI in shaping the industry's future trajectory. Shared Infrastructure Market Development The study reveals a 36.9 percent year-over-year worldwide increase in spending on compute and storage infrastructure products for cloud deployments in the first quarter of 2024, reaching $33 billion. This growth substantially outpaced non-cloud infrastructure spending, which saw a modest 5.7 percent increase to $13.9 billion during the same period. The surge in cloud infrastructure spending was partially fueled by an 11.4 percent growth in unit demand, influenced by higher average selling prices, primari