Blog Post

Music Firms Form Collective For Tracking Online Sales And Rights

Music labels, online music services and rights agencies are forming a collective called Digital Data Exchange, in an effort to better track digital music sales and online music rights dats. The purpose of DDEX is to establish standards for the meta-data in digital music files, mainly for sales and rights-tracking purposes.
Founding members of the consortium include ASCAP, Sony BMG, Warner Music Group, Universal Music Group and EMI Music, as well as several other music rights societies and agencies from the U.S., U.K. and Europe. Apple Computer, Microsoft and RealNetworks, which all provide digital music services, are also charter members.
In addition, a long-term goal for DDEX is to eventually standardize the meta-data consumers use to digitally sort and organize their music.
Billboard
: The organization essentially takes over from MI3P, the standards organization formed in 2000 by trade groups for the labels (RIAA and IFPI) and collecting societies (BIEM and CISAC).
Some more info in the release here.