SOURCE: Crunch Digital

Crunch Digital

July 12, 2011 13:00 ET

Universal Music Publishing Group Chooses Crunch Digital

Crunch Digital PDX Service to Provide Data Management and Payment Services

LOS ANGELES, CA--(Marketwire - Jul 12, 2011) - Universal Music Publishing Group (UMPG), the world's leading music publishing company, and Crunch Digital™ today announced that UMPG will utilize the data management service for selected cloud and Internet streaming music services. These services present new challenges for publishers to collect royalties from digital music providers due to the volume and complexity of data. Crunch Digital's PDX Service™ centralizes data flow under licenses from publishers to the licensed music services and improves the accuracy of royalty reporting.

"We found that the reporting and collection methods in the marketplace for music publishers licensing digital services aren't working," added Keith Bernstein, CEO of Crunch Digital. "Inaccurate reporting means less money going into pockets of publishers and songwriters. Universal is one of the largest music copyright owners, so choosing Crunch Digital as a data partner can help simplify reporting for the digital music services while improving Universal's collections."

The PDX Service features include:

  • Centralized Song Data Management - Crunch Digital interoperates with each publisher client and delivers song information to licensed service providers
  • Usage Reporting - Crunch Digital captures song usage for accurate reporting
  • Statements - Crunch Digital can render statements based on usage and licensed deal terms

About Universal Music Publishing Group
www.umusicpub.com
With 51 offices in 43 territories worldwide, Universal Music Publishing Group (UMPG) is the industry's leading global music publishing operation. UMPG represents music in every genre from some of the world's hottest songwriters and catalogs including Abba, Adele, Christina Aguilera, Lily Allen, Beach Boys, Beastie Boys, Justin Bieber, Bjork, Mary J. Blige, Mariah Carey, Ciara, The Clash, Coldplay, Elvis Costello, The Cure, Daughtry, Gloria and Emilio Estefan, Franz Ferdinand, Jimi Hendrix, Elton John/Bernie Taupin, Joy Division, Keane, R. Kelly, The Killers, Henry Mancini, Maroon 5, Prince, Otis Redding, Sex Pistols, Paul Simon, Britney Spears, 3 Doors Down, Justin Timberlake, T-Pain, and U2, among many others. UMPG is also a global leader in the areas of Production Music, Christian and Classical Music.

About Crunch Digital
www.crunchdigital.com
Crunch Digital™ is a suite of products and services created in conjunction with Royalty Review Council, who specialize in providing financial consulting services such as digital royalty audits and royalty accounting for media and entertainment companies. Royalty Review Council works with major and independent record labels, music publishers, book publishers, websites, content publishers, film & television studios and video game distributors. Crunch Digital helps fuel higher revenue through improved business intelligence and helps reduce operating costs by streamlining workflows.

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