The Music Clearance Lifecycle
Current Challenges in Music Clearance Ecosystem
General
- Complex licensing process and involvement of multiple stakeholders No way to validate that the artist/music owner are getting paid through PROs.
- Lack of transparency among content creators, PRO and production house
- Type of license and its payment changes with respect to way of usage
- Incomplete Cue Sheet reporting diluted the efforts of music clearance
Legal
- PRO regulations along with different license type and payment terms
- Outdated pre-digital laws and agreement compliance
- New performance forms/technologies (e.g. ringtones, AI captures)
- Managing compulsory licensing versus voluntary licensing - Public performance rights
- Different Legal Regimes/geographies for Songwriters, Performers and record labels Inefficient Contract generation and process visibility
Technology
- Tracking of music usage as per given license can be performed through technology
- Time taking negotiation with PRO along with multiple approvals from production house can be automated
- Error proof cue sheet reporting through advanced software, beside keeping records of all the compliance agreement
- Redundant process involves multiple information entry can be improved through a integrated service platform
TruMusic
A cloud-based solution that provides end-to-end management of music clearances guided by unified reporting for recorded music, integrated process to maintain better control over music usage and license monitoring among other features.
TruMusic Solution Architecture
Legacy Systems
Clearance Wizard
Cue Sheet
Reports | Dashboards
Licenses
Objects and Entities
Features
Program Information
Getting a comprehensive view on program - Song Title, Composer, Clearance, Season / Episodes etc.
Quote Management
Generating quote request for companies, reduction in time for quote generation
Cue-Sheet Management
Reduction in time to prepare cue-sheet, generating reminders for upcoming cue sheet deadlines.
Reports / Dashboards / Analytics
Reports and Analytics to get 360 view of data on information at song / artist / season level.
Electronic Signature Capability
Generation of e-signature using DocuSign, this helps in securing your data, assembling documents and authenticating signatures
License Management
Ability to view license terms - Media Type, Terms, Options etc. Reduction in time for license generation. Get details on license fee to manage track on payments
Success Stories
Achieved 30% reduction in time for Quote and License generation for a Fortune 10 Entertainment Leader via 100% Automation of Music Licensing Process with 3600 view of License Terms