Bjorn Ulvias, co-founder of ABBA and president of CISAC, on Tuesday unveiled a new global initiative called “Credits Due” aimed at improving payment processes in the music industry. Initiated by the Ivars Academy and the Music Rights Awareness Foundation and announced at the Lyricist-based Ivory Novello Awards in London, the initiative aims to “combine perspectives in the music industry to ensure complete and accurate song metadata.” “
According to the announcement, five data points are required: Creator Identifier and Roll Code (IPI, IPN & ISNI); Musical Work Identifier (ISWC); Recording Identifier (ISRC); Song titles and alternative song titles; And the names of writers, actors, producers and contributors. If all new recordings and songs continue to be linked to this metadata, then all creators and contributors can be properly identified and credited.
As awareness of the value of lyricists and intellectual property has increased in recent years, so has the awareness of the industry’s payment-fixing errors, which often cost producers or rights-holders their work or compensation.
Ulvias, co-founder of the Music Rights Awareness Foundation, said: “I can’t think of a better event to launch a credit due initiative than the Ivory Novello Awards. And we celebrate Irish lyricists and composers. We want to raise awareness and solve problems that are well known and mildly frustrate it in the songwriting community. People get paid. People ask me why it’s not already like that and I don’t know what to say. Today, in 2021, there’s really no excuse. A lot of good work is going on and we are looking forward to further cooperation from the industry to give the artists the financial recognition they deserve. ”
Fiona Bevan, lyricist at The Ivers Academy, added, “We are thrilled to be working with the Music Rights Awareness Foundation to launch Credit Dew – an initiative that will take the industry a step further by ensuring fair pay for creators. As a multi-platinum lyricist and artist, I personally feel the pain of missing and slow payments, after writing huge hits due to lack of proper credit data.If the industry comes together, using new technology and most importantly, to ensure that our lyricists, producers and actors are connected to the recording at the time of creation We have a great opportunity to change that when hired.
Find more information at www.creditsdue.org.