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and with support from a number of major music labels, streaming services, publishers, collection societies and nearly 60 other founding entities. The mission of Open Music
Initiative is to promote and advance the creation of open source standards and innovation related to music to help assure proper
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OMI has stated that its goal is to establish a decentralized global platform using an open source framework to ensure that royalties will be directly administered to music rights holders, creators and artists. According to Panay, “We believe an open sourced platform around creative rights can yield
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writer Nelson
Granados commented that "it looks like finally, the right group is coalescing to fix the music industry’s digital value chain" and noted, "coordinating powerful players like the top music labels will be no easy task, and disagreements are bound to arise. Getting members to commit and
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that OMI could facilitate payment for smaller projects and encourage collaboration among artists, adding that “the lack of a public authoritative record of creation and ownership keeps coming down as one of the things that stops innovation in licensing from occurring. If that was one of the main
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that will allow developers and stakeholders to build their own systems and tools that are OMI compliant”. Developers and stakeholders in one OMI compliant system could theoretically interoperate with other OMI compliant systems without giving up design or operational control. Harple said OMI
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The initiative is focused on driving the creation of digital methodologies for data collection, data reconciliation, and file formats. Operational, strategic, and technical guidance for OMI will be provided by design and consulting firm
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invest will be key, and hurdles will arise in the process. But with academics and industry getting together, there is a good chance OMI will finally solve the problem". Independent cellist and composer Zoe
Keating commented in the
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125:-enabled platform for OMI to help implement an "interoperable framework suitable for the transformative at-scale improvements the music industry so needs".
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258:"Music Industry and Technology Leaders Join Leading Academic Institutions to Launch Open Music Initiative to Resolve Longstanding Media Rights Issues"
185:"Music Industry and Technology Leaders Join Leading Academic Institutions to Launch Open Music Initiative to Resolve Longstanding Media Rights Issues"
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Harple's
Context Labs reportedly intends to "extend the work it’s done for the traditional publishing supply chain to music publishing" with a
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OMI was launched on June 13, 2016, by
Berklee College of Music's Institute for Creative Entrepreneurship (ICE) in collaboration with the
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compliance could also solve problems such as legacy rights management for older content.
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233:"Academics, Music Labels, Streaming Services Unite To Fix Music's Digital Ecosystem"
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Institute for
Creative Entrepreneurship (BerkleeICE) in collaboration with the
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211:"Universal, Sony, Warner vow to create a working Global Rights Database"
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compensation for all creators, performers and rights holders of music.
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370:"Can major initiative led by Berklee solve music-rights problems?"
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an innovation dividend for creators and rights holders alike”.
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312:"In Open Music Initiative, a Possible Rights-Tech Blueprint"
285:"Music Royalties Initiative Unites YouTube, Spotify, Labels"
53:. The OMI working group includes researchers from
339:"Open Music Initiative- A New Paradigm for Music"
318:. Digital Media Wire/Concurrent Media Strategies
142:outcomes of this project, that would be huge.”
57:and the backing of major music labels such as
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217:. Music Business Worldwide. 14 June 2016.
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105:According to Harple, OMI is not a
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162:Secure Digital Music Initiative
345:. Context Labs. Archived from
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20:is an initiative led by the
283:Grow, Cory (13 June 2016).
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191:. Berklee College of Music
45:, technology entrepreneur
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55:University College London
215:Music Business Worldwide
22:Berklee College of Music
399:Open Music Initiative
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264:. Yahoo.com
189:Berklee.edu
152:Analog hole
43:Panos Panay
168:References
123:blockchain
101:Technology
47:Dan Harple
129:Reception
59:Universal
408:Category
146:See also
111:standard
107:database
380:16 June
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79:YouTube
71:Spotify
33:History
237:Forbes
134:Forbes
67:Warner
65:, and
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