Record companies Domino and Sentric Music have joined the global repertoire data exchange service RDx.
This means performance rights data for artists like Arctic Monkeys, Franz Ferdinand, and Julia Holter, along with recordings data for rights holders under Sentric Music, such as Edition Records, Lyric House and New West, will be delivered more accurately, according to a press release on Thursday (May 30).
RDx is a service built and operated by Phonographic Performance Limited (PPL), and launched in October 2020 by IFPI, representing the recording industry worldwide, and WIN, the Worldwide Independent Network. It allows record companies and music licensing companies (MLCs) to submit and access data through a single platform.
Prior to RDx, record companies used various methods to deliver data to individual MLCs around the world. RDx says it aims to standardize this process by using a specific data format (DDEX RDR) that can be easily accessed by participating MLCs. This improves the accuracy and efficiency of royalty distributions to rights holders.
Domino and Sentric Music are the latest to join the RDx exchange service, following similar moves by Beggars Group, BMG, Sony Music, Universal Music Group and Warner Music Group. RDx says it has now processed over 4.6 million registrations of repertoire data, a significant increase from the 1.4 million at launch.
“Through their work and ongoing commitment to RDx, record companies and their Music Licensing Company partners continue to transform the data supply chain, leveraging DDEX standards to create a streamlined process underpinning performance rights, licensing and payments.”
Richard Gooch, IFPI
When RDx launched, only four MLCs were receiving data from the service. Three years later, this number has more than doubled to 10, including PPL (UK), AGEDI (Spain), Gramex (Finland), GVL (Germany), SCF (Italy), SENA (The Netherlands), and Re Sound (Canada). Six additional territories — Estonia, Iceland, Ireland, Latvia, Lithuania, and Portugal — also benefit from RDx through PPL’s business services partnerships. In 2024 alone, three new MLCs onboarded: Gramo in Norway, IFPI in Sweden, and UBC in Brazil, marking RDx’s first extension into South America.
“The team at Domino are proud to onboard to RDx and see our hard work and commitment to improving rights data in the supply chain pay off,” said Sam Heerey, Head of Neighbouring Rights at Domino Recording Company.
“We are already seeing efficiencies to the business and with us providing unique identifiers for performers alongside recording and rights information this will ensure our current and future artists benefit in the more accurate payment of their royalties. It’s exciting to see more MLC’s showing interest to join and we look forward to supporting the independent community and getting more data into the service.”
“We are excited to welcome Domino and Sentric to RDx, our innovative platform providing a streamlined solution for delivering repertoire data to multiple Music Licensing Companies.”
Noemà Planas, Worldwide Independent Network
Richard Gooch, CTO, IFPI added: “Through their work and ongoing commitment to RDx, record companies and their Music Licensing Company partners continue to transform the data supply chain, leveraging DDEX standards to create a streamlined process underpinning performance rights, licensing and payments.
“The onboarding of these iconic record companies and further Music Licensing Companies marks a pivotal shift from technology-driven to business-led innovation, which further boosts efficiency and transparency across the sector.”
WIN CEO Noemà Planas also commented on the partnership, saying, “We are excited to welcome Domino and Sentric to RDx, our innovative platform providing a streamlined solution for delivering repertoire data to multiple Music Licensing Companies. This single point of entry significantly enhances efficiencies for independent record companies, while also improving data quality across the value chain enabling more efficient distributions.”
Music Business Worldwide
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May 30, 2024 at 05:50PM
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Domino and Sentric Music join RDx global data exchange service - Music Business Worldwide
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