Understanding the significance of music licensing to ensure fair compensation for artists
In an age that is dominated by digital consumption, the significance of music licensing has become more paramount for both artists and businesses than ever.
This legal framework serves as the groundwork for a symbiotic relationship between artists and businesses, ensuring that musical creators are fairly compensated for the use of their work.
Data technology plays a pivotal role in this landscape by tracking music usage data, allowing for precise monitoring and, most significantly, the distribution of royalties to the artists.
Phil Akouri from OneMusic provides his professional insights on the industry.