Mumbai,
November 8, 2019 – Today, Indian
Performing Right Society Limited (“IPRS”) & Dataclef are pleased to
announce a significant expansion of their services agreement, growing their
business relationship from claiming and reports processing to comprehensive
back office and rights management services including tariff administration,
member self-service tools, and brand support.
As one of the world’s fastest-growing music
economies[i], India is attracting
attention and product launches from national and global music companies of all
sizes.The rapid expansion of music and technology use in India[ii] means that
rightsholders require modern, scalable music identification and royalty
administration solutions. IPRS has determined that Dataclef Suite, a
fully-configurable agreement-based platform, is perfect for the
forward-thinking collection society.
“The commencement of this deal will
restructure IPRS into a world-class, technology-driven copyright society
focused on transparency and efficiency,” said IPRS Chairman Javed
Akhtar. “The Dataclef team’s deep industry and technology expertise makes
Dataclef Suite the obvious choice for building the future of Indian copyright
management.”
IPRS is India’s only registered copyright
society for music composers, lyricists, and music publishers, committed to
instituting technology-driven processes that improve member engagement,
licensing, and transparency in distribution of royalties.
On average, Indian music users consume 21.58
hours[iii] of music
per week, far surpassing the global average of 17.89 hours. With this usage,
and unique Indian musical intellectual property, expected to grow in coming
years, IPRS is uniquely positioned to support India’s music economy growth and
lead the way in auditable, data-focused rights management.
Dataclef Suite, with its flexible APIs, ERP backbone, and massive rights
and content database, will ensure this growth is achieved with maximum payouts
and minimum overhead. Dataclef’s exclusive matching technologies and
groundbreaking agreements structure are purpose-built for the complex,
high-scale challenges IPRS is solving.
"IPRS is fundamentally changing how music usage is processed and
paid in the Indian music market," said SOCAN Group CEO Eric Baptiste. "We are thrilled to be bringing
the power of Dataclef Suite to IPRS, the Indian music economy, and the music
creators and rights holders who make it an exciting and vibrant market.”
IPRS and Dataclef will immediately
begin collaborative efforts to deploy and operate the new IPRS back office. The
services being planned and assessed include functions, processes, and
technologies required to launch a world-class copyright society using Dataclef
Suite.
“With Dataclef Suite, we can manage the
scale and complexity of licensing and payment agreements in the Indian music
marketplace like no other partner,” said Dataclef
COO Janice Scott. “Combined with IPRS’s focus on improving efficiency and
transparency through technology, this is the beginning of significant positive
financial and operational outcomes for Indian songwriters, musicians, and
rightsholders.”