PDX Service Provides Data Management & Payment Services
Los Angeles, California (June 21, 2011) – Crunch Digital™ has announced the launch of its new PDX Service™. As the cloud music market expands rapidly, service providers and music publishers have never had a bigger need to efficiently manage payments, data and collections from online music sales. Crunch Digital’s PDX Service provides a simple, controlled way for music publishers to make catalog information available to digital service providers under their direct licenses for the cloud and other consumer services. It also addresses the critical need of digital services to limit liability and accurately report and pay music publishers and songwriter royalties.
“The easiest way to think of PDX is a near real-time audit of online music sales,” said Keith Bernstein, CEO of Crunch Digital. “Publishers will collect royalties when due rather than negotiating to get paid in an audit recovery years later. We also understand the challenges that the service providers face when trying to license content for a music service, and our aim is to simplify the process.” Bernstein said “We work with many music publishers who want to make sure they can license music easily and pay their writers properly. The companies who use the PDX Service get the benefit of our management’s many years of experience with compliance examinations and royalty processing in the online music market.”