PRS for Music remains committed to the principles of a central hub for the registration of musical works despite the abandonment of plans for the Global Repertoire Database (GRD).
Earlier this week, Music Week reported that the initiative had been scrapped due to a dispute among the collecting societies over the funding of the project.
The GRD was designed to be a central, authoritative, multi-territorial data resource containing information about all musical works from across the globe. It was supposed to solve the challenges of licensing musical works cross- territories.
In a statement, PRS for Music expressed ‘disappointment’ that the GRD can no longer move forward, although the organisation said it remains ‘committed to the principles of a single point of works registration and reconciliation of ownership shares under broad stakeholder governance’.
‘These principles remain key to the efficient processing of multi-territory licences and accurate distribution of royalties across all usages of creative works. We are actively studying alternative ways of achieving these goals, taking full advantage of the learning gained from the GRD project to date,’ continued the statement.
APRA, GEMA, SACEM and STIM were the other collecting societies working alongside PRS for Music on the initiative.
Earlier this week, Music Week reported that the initiative had been scrapped due to a dispute among the collecting societies over the funding of the project.
The GRD was designed to be a central, authoritative, multi-territorial data resource containing information about all musical works from across the globe. It was supposed to solve the challenges of licensing musical works cross- territories.
In a statement, PRS for Music expressed ‘disappointment’ that the GRD can no longer move forward, although the organisation said it remains ‘committed to the principles of a single point of works registration and reconciliation of ownership shares under broad stakeholder governance’.
‘These principles remain key to the efficient processing of multi-territory licences and accurate distribution of royalties across all usages of creative works. We are actively studying alternative ways of achieving these goals, taking full advantage of the learning gained from the GRD project to date,’ continued the statement.
APRA, GEMA, SACEM and STIM were the other collecting societies working alongside PRS for Music on the initiative.
