In this post, we briefly explore the current difficulties in the music industry and how Family in Music's Artist Platform solution can help by offering artists a way to verify their identity and manage their rights.

Challenges of a Global Music Industry

Managing rights and royalties in the global music industry presents significant challenges due to varying copyright laws, distribution methods, and royalty collection societies across different countries. This complexity can lead to missed earnings and legal complications, impacting both creators and companies financially. Moreover, the increasing amount of new music distributed daily only emphasizes these issues. Metadata errors can lead to serious issues. At worst, they result in unclaimed royalties; at best, they delay royalty allocation. This adds to the frustration of artists who already face inadequate compensation, delayed payments, and complex royalty calculations.

The Dual Nature of AI

AI can help improve data accuracy, but it also brings challenges. The music industry faces issues like streaming fraud and data manipulation. Again, the more AI-content is created will also increase some of these issues. Also, current copyright laws don't fully cover AI-created content, creating a legal grey area that needs quick resolution.

The Case of Bad Dog: A Wake-Up Call

As seen in the article published by The New York Times, Bad Dog's music fell victim to malicious exploitation when their album, 'The Jukebox of Regret,' was secretly uploaded and credited to unidentified individuals on various streaming services. This scenario underscores the critical need for artists to take proactive measures to safeguard their musical identity and prevent such unfortunate incidents.

Why ID Verification Matters

ID verification emerges as a frontline defence against identity theft and wrong attribution. Companies like Family in Music offer a robust solution, empowering artists to assert their authenticity and protect their creative rights proactively. This crucial measure ensures rightful attribution and confirms the authenticity of each individual or artist behind every profile. By verifying their identity, artists fortify their position in the industry and safeguard against revenue loss and reputational damage, while actively combating fraud.

The Artist Platform: A Solution for Artists…and More!

Family in Music has created The Artist Platform, a comprehensive solution for artists dealing with the complexities of the modern music industry. With a focus on identity verification and rights management, the platform provides an artist verification and rights securing system, ensuring that artists are recognized as genuine creators, and their rights are safeguarded from the very beginning. This verification system offers artists a secure way to participate in the industry while actively contributing to the fight against streaming fraud and false royalty claims. The rights data is stored in an immutable database that can be shared with trusted partners, such as team members, collecting societies, and other industry players.

Key Benefits of ID Verification with Family in Music

1. Get your verified ID in 90 Seconds

We offer a quick and easy ID verification process that is free for our subscribing customers. In as little as 90 seconds, you can complete a secure identity verification and start enjoying the benefits listed below.

2. Access world-class music distribution.

Once verified, you gain access to top-tier music distribution service. Your tracks can reach fans globally in a record time, ensuring broad exposure for your music. For more details, visit our Knowledge Base or contact our Support team.

3. Protect your rights and revenue.

1. Verified artists can secure their music rights in an immutable database. This database stores the accurate information about rights on a permanent record with a traceable history that cannot be tampered with.
2. Additionally, this system facilitates revenue allocation to collection societies, preventing mechanical and performance royalties from disappearing into the royalty black box.

4. Request an advance of up to 8x your annual streaming revenue.

Need extra support? Verified artists can request an advance of up to eight times their yearly streaming earnings. It provides financial stability while pursuing your passion.

5. Show your authenticity.

Verification isn't just about paperwork; it's about proving to everyone in the music world that you're genuine. From fellow artists to collaborators and industry professionals, having a verified establishes your credibility.