Sound similar to an Industry we all know?
Would the UK independent scene benefit from such steps ? Thats not just the Desi labels, but all urban labels too, so transparency becomes a must not an option.
Singapore’s Music industry has suffered more than most, in recent years, a lack of unity and transparency eventually started to impact sales and artist credibility, so the Industry need to act.
Singapore’s leading labels decided to come together to launch a Code of Conduct for Collective Management Organisations, this will now ensure greater transparency and accountability to both the copyright owners and their licenses.
This will also help tackle issues of payment collection on behalf of artists and copyright owners, once a piece of music is handed over for release a clear set of guidelines ref. Song writers, Musicians, producers must be declared, and made available.
Service standards will be audited on a regular basis by an independent code reviewer that will be confirmed in two to three weeks. The auditor could be a lawyer or from a quality organisation like ISO (International Organization for Standardization).
The Code of Conduct sets out the principles and standards of services for CMOs, which ensure that the public has access to information about the type of rights, the role and function of CMOs, information with regards to licence fees, and efficient, fair and low-cost procedures to handle complaints and resolve disputes.
In future, the code may be tweaked to keep pace with technology.