Call for registration: Synchtank Data, Rights and Royalties Summit
10 May 2021 - 06:48
UK digital entertainment management platform Synchtank is inviting interested individuals to register for its free Data, Rights and Royalties Summit on 12 May.
The webinar will mark the launch of the platform’s new music industry report titled Drowning in Data: Royalty Accounting and Systems in the Digital Age, which was published recently. It will bring together industry leaders to discuss critical issues surrounding music rights, royalties and payments in the 21st century.
Speakers will include Synchtank CEO Rory Bernard, Hipgnosis Songs Fund founder and CEO Merck Mercuriadis, Music Tech Works founder Jarrett Hines, Jammber CEO Marcus Cobb, Synchtank royalties specialist Janet Landrum, Synchtank marketing manager Emma Griffiths and HIFI chief experience officer Will Griggs, among others.
The event will feature three panel discussions on examining how royalty teams and systems are coping, poor management to a lack of standardisation and system interoperability, and the evolution of royalty statements, real-time payments and the future of royalty advances.
The webinar will conclude with a discussion between Mercuriadis and Griffiths on music rights, the booming catalogue acquisition market and the value of music IP globally.
The event will start at 5pm CAT and interested attendees can register here.
Founded by Joel Thomas Jordan in 2008, Synchtank offers a range of cloud-based solutions for managing digital entertainment assets, intellectual property, metadata and royalty accounting.
Its aforementioned report addresses the challenges that music publishers face with regard to rights, royalties and payments in the digital age, and the vital role that technology plays. It focuses on how royalty and finance departments and systems can be primed to handle the challenges over the next decade and beyond. The study pinpoints barriers to payments on the lack of standardisation of statement layouts, as well as data issues such as inconsistencies in both the International Standard Recording Code (ISRC) and the International Standard Musical Work Code (ISWC), among other issues.
Download the report here.
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