Audible Magic Enables Monetization of UGC for Social Networks
New Platform Simplifies Music Licensing to Grow Market
Los Gatos, Calif. (Sept. 10, 2019) – Audible Magic, the leading provider of content identification solutions, announced its UGC Music Rights Platform (UMRP), which simplifies the licensing and administration of music rights by social media networks that enable uploading of audiovisual content. Audible Magic’s UMRP encourages greater use of licensed music, which substantially improves user experiences while creating new revenue streams for both social networks and music industry players.
Licensing music for use in user-generated content (UGC) requires substantial investments in obtaining and managing licenses, which discourages many businesses from undertaking the effort. Audible Magic’s UMRP offers a turnkey solution for social networks, as it identifies copyrighted music, clears that music based on directly negotiated licenses, and provides the back-office services for royalty payment and reporting to licensors.
Audible Magic UMRP consists of a set of new plug-and-play services for both social networks and rightsholders. For record labels and music publishers, UMRP provides an enhanced license registration process combined with a content management system and usage reporting dashboard. These services provide the mechanisms to dramatically lower the cost of licensing and managing rights across multiple social networks.
“This new platform leverages our strength in content identification technology, coupled with the trust we’ve built with rights holders,” said Vance Ikezoye, president and chief executive officer of Audible Magic. “We have spent the past three years working closely with the music industry to build a system that simplifies the use of music in UGC. This has been a long-standing issue for our customers, and we are excited to offer a fully featured solution to address it.”
The various services that make up the UMRP begin to roll out in Q4 of this year and into Q1 of 2020.
About Audible Magic
For more than 20 years, Audible Magic has innovated solutions to identify content, manage rights, and monetize media. Audible Magic’s Emmy-winning automatic content recognition (ACR) technology powers billions of transactions monthly. The Silicon Valley pioneer is the trusted intermediary among rightsholders (including labels, studios, distributors, publishers, and collectives) and major platforms.
Contact
Adriana Saldaña
Sterling Communications
[email protected]
+1 408-395-5500
Crunch Digital Announces RegistryID™ and Strategic Partnership With Audible Magic to Streamline Licensing and Reporting to Record Labels and Music Publishers
Crunch Digital Forms Strategic Partnership with Audible Magic
Los Angeles, CA, October 28, 2014 - Today Crunch Digital, the data management and reporting service that bridges digital rights owners with content licensees, is announcing RegistryID™, their new system that will streamline music licensing and reporting. As an integral part of the RegistryID system, Crunch Digital has entered a strategic partnership with Audible Magic, the leader in automated content recognition (ACR) solutions for copyrighted content.
Matching music to copyright ownership data affects many digital services, apps and games. Finding the correct copyright owners and verifying licensing can become a monumental barrier for digital services. Over the last four years, Crunch Digital developed one of the most comprehensive registries for sound recording and musical composition metadata in the world. The release of RegistryID™, expected early next year, will enable distributors to verify licensing rights with music publishers for their content worldwide, ensuring that proper permissions have been obtained before the work is made available on their platform. RegistryID™ will be integrated with Crunch Digital's existing data management and reporting solutions.
When content is added to a provider's platform, RegistryID will use Audible Magic's fingerprinting solution to match the content against registered sound recordings. If a match is found, RegistryID will then associate registered content with an underlying musical composition and its owners or administrators. Then the system can determine if a license is in effect for the musical composition to ultimately "block" or "allow" use on the platform based on licensing terms specified by the provider.
"Crunch Digital's RegistryID addresses a problem we have seen for years in the digital marketplace," said Vance Ikezoye, Audible Magic's CEO. "Being able to match sound recordings to the underlying composition and verifying licenses can certainly enable access to more music for many delivery platforms."
"We are excited to work with Audible Magic to enable our RegistryID," said Keith Bernstein, founder of Crunch Digital. "Their fingerprinting technology allows us to deliver fast, robust responses to our customers so that they can focus on the customer experience without worrying about copyright issues."
About Audible Magic Audible Magic is the trusted leader in automatic content recognition (ACR) fingerprinting technologies. The company offers a broad range of hosted solutions as well as hardware and software products that identify audio and video content, synchronize actions between media devices, trigger user interactivity, generate usage reporting and activate content monetization. Audible Magic's customers and partners span technology, entertainment and media industries.
About Crunch Digital Crunch Digital™ is an independent technology firm whose mission is to eliminate the barriers of licensing and payments in the media & entertainment marketplace, fueling better revenue flow, improving business intelligence, and reducing operating costs for content licensees and content owners. Crunch Digital manages data flow for content licensees - digital service providers, multi-channel networks, game companies, app developers and mobile carriers - including royalty reporting for direct licenses. Crunch Digital also services content owners - including record labels, music publishers, audio book publishers, film & television studios and game publishers.
Audible Magic Enters Greater China Market With a Deal for Monitoring Music Performances
With a Deal for Monitoring Music Performances
WOODLAND HILLS, CA. and LOS GATOS, CA , California — (Marketwire - June 9, 2010) — Audible Magic Corporation, the market and technology leader for digital media content identification, has inked a deal with JacWin Professional Services Limited, a systems integrator headquartered in Hong Kong, to license the company its CopySense Premier Service for monitoring music performances on terrestrial and internet radio.Read more
SESAC Signs Agreement with Audible Magic to Begin Audio Fingerprinting Tests
SESAC Represents First Major Performing Rights Organization to Implement CBID Technology
NASHVILLE, Tennessee — January 15, 2002 — SESAC, the fastest growing performing rights organization in the U.S., today announced a three-year, non-exclusive agreement with Audible Magic Corporation, a leading provider of digital audio identification technologies and services, to monitor terrestrial radio broadcasts utilizing Internet simulcasts. SESAC represents the first major performing rights organization to implement content-based ID (CBID), a technology that identifies audio content by electronically “listening” to it and generating unique digital fingerprints for items such as individual songs or advertisements. The agreement is specifically designed to assist in determining royalty distribution. The initial rollout, which began last fall, utilizes Audible Magic’s patented audio fingerprinting technology to monitor the simulcasts.Read more