This problem not only frustrates artists and rights holders. It frustrates technology firms and others that might build a business that could compete in a growing streaming music marketplace. According to a study done by Berklee ICE, even with unlimited resources, it takes at least 18 months to obtain all the licenses necessary for a streaming music service that will have all the songs consumers expect.
Casey Rae, the interim director of the Future of Music Coalition, told an audience Friday that adding more transparency and improving outcomes for rights holders as well as for businesses was “impossible without top-shelf data management.” read more