Choosing the Right Metadata Repository Software

1. Choosing the Right Metadata Repository Software What is Metadata? Metadata, in simple terms, is information about other data. Music metadata provides the detailscorresponding to a musical work, such as artist name, producer, writer, song title, release date, and more, used to identify the rightsholders of the work. What is the need to organize metadata? The right metadata is important to collect and distribute royalties to the right musicians or artists. Every time there is misspelled, incomplete, or incorrect data, it leaves behind money on the table considered as unclaimed or black box royalties. This leaves a gap in the artist's careers with no fair compensation. The benefits of using metadata repository software in the music/audio-visual industry: 1) Centralized data management: Metadata repository tool offers a centralized location to store and manage music or audio- visual metadata. This ensures that all information, such as track details, artist information, and other data, is easily accessible and up to date. 2) Efficient metadata entry: Music professionals can enter and update metadata in a standard manner using technology and automation, reducing the risk of errors and inaccuracies in data. This consistency is vital for royalty calculations, licensing, and rights management. 3) Version control: The software should be able to track changes to metadata over time, allowing users to access previous versions of records. This is crucial for auditing and maintaining a historical record of changes. 4) Licensing: Industry professionals can easily manage and track licensing agreements for music work. Metadata helps track which songs are available for licensing and under what terms, simplifying the licensing process. 5) Rights and Royalties management: An efficient metadata repository software keeps track of music ownership, rights, and royalties’ information. This is crucial for ensuring that songwriters, publishers, artists, and other stakeholders receive their fair share of royalties for music usage. 6) Improve data quality: Metadata repository software helps eliminate duplicate data, leading to a cleaner and more efficient database. 7) Metadata distribution: Metadata repository tools facilitate the distribution of music content to various digital platforms, including streaming services, other rights societies, and radio stations effectively. How can you choose the right one for your organization?

2. Choosing the right metadata repository software from several options is not easy, and it’s important that you take the time to thoroughly evaluate your options and involve relevant stakeholders during the decision. Are you looking for process change, reduce administrative and operational costs, and focus more on your business? We are here to help! Below are the points to keep in mind before you make the purchase. 1) Define Your Needs: Start by stating your organization's requirements. Consider the different kinds of metadata you need to manage, the volume of data you need to manage, the number of users, and any applicable industry standards or restrictions. 2) Determine key features: List the essential features and capabilities that your metadata repository software must have. The most important features include efficient metadata management, data import/export, user access control, search, version control, reporting and analytics, and data transformation. 3) Scalability: Consider why you are looking for a change in the first place. Software that has adapted to the latest AI/ML technology and can be easily scalable according to industry specifications and requirements is essential. 4) Customization and Ease of use: Take a demo or trial before purchasing to see if the software can be modified to match your needs and capabilities. You can change a flexible system to meet your organization’s changing demands. Also, check if the users at your company can easily understand to navigate through the software. 5) Cost and Budget: Having a fixed budget can limit your choices, so check for total costs, including licensing fees, implementation costs, and ongoing maintenance expenses. Is Noctil the right fit for you? Noctil offers a no-code platform that uses AI/ML technology to help the music and audio- visual industry meet their metadata management needs. We offer all the above features to help amateur and established musicians produce more music. Musicians and Artists should be paid for their deserved rights so that they can produce more music, and Noctil believes that songs and audiovisuals help humanity and make it a better place. This software is for those who: 1) Are working with old-style worksheets such as Excel and are tired of manually validating and correcting the metadata and need a process change 2)If you want to easily transform huge volumes of data into different formats or standardize your data format to CWR or DDEX. 3)Want to organize your data and have quality and complete metadata 4)Have a centralized tool to help you with matching, de-duplication, royalty calculations, etc., that will help improve royalty distributions

3. 5)Want to implement the tool into your existing system within a week and cut down tech implementation costs by 80% Want to give Noctil a try? Email us at info@noctil.com to help us understand your requirements and get a trial run. To know more: https://www.noctil.com/