ASCAP and BMI announced a collaboration that will see the two performing rights organizations create a single comprehensive database of musical works from their libraries. The database will contain an overview of shares and rights information for much of the music licensed in the United States, offering more clarity around music ownership.

Experts from the two parties have been working on this database for more than one year. The final product, expected to have an initial launch in Q4 2018, will be publicly available on both the ASCAP and BMI websites.

Source: rainnews.com