Music Reports announces launch of industry’s first online royalty accounting for digital music services
Music rights administration provider Music Reports, Inc. has started accounting to more than 12,000 music publishing administrators representing over 50,000 individual music publishers, on behalf of its digital music service clients. This is the first accounting under the recent agreement on the mechanical licensing of interactive streams and conditional downloads, which was reached by NMPA, RIAA, and DiMA, before the Copyright Royalty Board.
Beginning this month, all U.S. music publishing administrators may log in to password-protected websites at www.musicreports.com to view accountings, download monthly usage reports, and update song ownership information.
Music Reports is unique in its ability to administer this compulsory license which is available to digital music services. The company has issued more than 5 million compulsory licenses to music publishers, in addition to negotiating thousands of voluntary licenses, on behalf of its clients.
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