DART, a company out of Nashville, is showing face with what may be the next big development in digital music commerce. The company started as a means to get classical artists and/or composers get their music into Apple Music, Spotify, Google Play, etc. They are now focusing on all genre's as they learned it was a problem for most.
Metadata in the music industry is 'essential to tracking who owns what and who gets paid'. According to Chris McMurtry, DART CEO and Founder, there are thousands of databases that connect songs/works to owners and they are inconsistent because they don't talk to each other. Missing or bad metadata means lost money for many artists. McMurtry worked with the MIT Media Lab to create a software that collects and collates metadata from hundreds of sources and clean it up. They have created the closest thing that the industry has had to a definitive ledger of song information.
"Any digital technology, regardless of the market, is only as good as the data, because that's what we're interacting with. And so if you get the data right, then if it is the system that's bad, then you're at the core of solving the system," says Chris McMurty.
It seems that McMurty and his team have found a potential solution to correcting the money issue many artists struggle with by creating a system that keeps the data concise. Way to go!
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