Digital Music News and their longstanding partner Reprtoir collaborated for a live-streamed panel discussion addressing the opportunities and challenges associated with AI catalog management. The event coincided with the launch of Audio AI, a tool by Reprtoir and Cyanite that utilizes artificial intelligence for auto-tagging and similarity research in the music industry. The panel included Lara Angelil from Reprtoir, Markus Schwarzer from Cyanite, Juvénal Juarez from Gerencia 360, Danny Dunlap from Beacon Street Studios, and was moderated by Paul Resnikoff from Digital Music News.
The discussion delved into the prevalent issues faced by music professionals in catalog management, ranging from scattered assets and metadata across platforms to the evolving landscape of catalog sales. The participants explored strategies for managing existing assets, incorporating new information, ensuring catalog security, and creating a unified source of information for companies. Catalog sales have become a prominent trend, necessitating a clear understanding of the value of assets for negotiations.
The panel acknowledged the challenges in comprehensively knowing an entire music catalog, emphasizing the importance of managing assets and metadata effectively to identify blind spots and minimize liabilities. Integrating AI-powered tools, such as those offered by Reprtoir and Cyanite, enables standardization in asset management, making collaboration more efficient and providing a complete and accessible catalog.
The conversation highlighted AI’s role as a collaborative tool for music professionals, transforming the way they interact with catalogs and enhancing the search for the right track at the right time. The panelists emphasized the positive impact of AI in catalog management, providing surprising results and complementing the collection of assets.
Addressing the regulatory aspect of AI in the music industry, the panel raised questions about content ingestion and the copyrightability of fully AI-generated content. The discussion also touched on the potential challenges for new artists as AI unveils data on the performance of previous tracks, influencing trends and catalog sales.
Concerns were raised about the potential overload of metadata with the increasing use of AI and the continuous creation and sharing of data. The consensus was that scalability and the right tools, such as Reprtoir, are essential for managing the influx of information and maintaining transparency in the industry.
