IFPI, the International Federation of the Phonographic Industry, and US neighbouring rights society SoundExchange have announced a new system enabling the automatic assignment of International Standard Recording Codes (ISRCs), simplifying how these identifiers can be obtained for individual recordings. The new functionality allows an ISRC to be assigned to a recording via an immediate online registration, with the benefit of reducing "administrative burdens for small labels and self-publishing ...

US music rights society BMI has signed an agreement with rights management company Orfium to acquire Soundmouse, a music cue sheet reporting and monitoring platform for the broadcast and entertainment production industries. Terms of the deal were not disclosed. BMI plans to operate Soundmouse as an independent company and will remain one of its biggest clients. Todd Horvath, BMI’s President and COO, will oversee the operations of the company. The transaction will be funded through Soundmouse's ...

British music rights management company Y Royalties has appointed Paritosh Dagar as Chief Technology and AI Officer (CTAO). Dagar joins from KPMG, where he served as Digital Audit Leader for the past 14 years. Dagar will work across both Y Royalties and CC Young & Co, with a remit "to develop and enhance the data infrastructure, systems, and tools that will define the next generation of music royalty management." The company said the hiring signals its "commitment to placing technology and ...