Have you ever wondered how songwriters and composers get paid for their music when it is played in public places? How do they know how often and where their songs are broadcasted? How do they ensure that they receive fair and accurate royalties for their work?
- Based on an article by Ashley King, on Digital Music News, on August 9, 2023
These are some of the questions that Audoo, a UK-based music technology company, aims to answer with its innovative device: the Audio Meter. The Audio Meter is a small plug-in device that captures and analyzes the music played in any location, such as a shop, a restaurant, or a gym. It then sends the data to Audoo’s cloud platform, where it is matched with the song’s metadata and reported to the relevant collecting societies.
Audoo has recently partnered with PRS for Music, the UK’s leading collecting society for songwriters, composers, and music publishers. PRS for Music represents over 150,000 members and licenses over 22.2 million songs. The partnership will allow PRS for Music to access Audoo’s data and use it to improve its royalty distribution system.
According to Audoo’s CEO and founder, Ryan Edwards, the partnership is a “game-changer” for the music industry. He said: “We are delighted to be working with PRS for Music to help them achieve their goal of being the most accurate and transparent CMO [collective management organization] in the world. By using our technology, they will be able to ensure that their members are paid fairly and accurately for their music, wherever it is played.”
PRS for Music’s CEO, Andrea Czapary Martin, also expressed her enthusiasm for the collaboration. She said: “We are always looking for new ways to enhance our service to our members and licensees, and Audoo’s technology offers a great opportunity to do so. By integrating Audoo’s data into our distribution system, we will be able to increase the accuracy and efficiency of our royalty payments, as well as provide more transparency and insights to our stakeholders.”
The partnership between Audoo and PRS for Music is expected to benefit not only the songwriters and composers, but also the music users and listeners. By having a more precise and reliable way of tracking music usage, music users will be able to pay only for what they play, while listeners will be able to enjoy a more diverse and representative music repertoire .
If you want to learn more about Audoo and PRS for Music, you can visit their websites.
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Summary by The New Bing AI
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