Why migrate to CDM?
The reasons why a licensee or licensor may wish to implement some or all of the CDM standard are:
As CDM is the only global standard for reporting claims, invoices and discrepancies, transitioning to CDM will enable licensees and licensors to reduce the number of formats, ultimately to one. This reduces the maintenance overhead of implementers, especially in a world where ownership of musical works is split into increasing numbers of shares;
CDM is the only format that enables the communication of multi-context reporting;
CDM is the only format that enables the communication of information about discrepancies which meets current business requirements;
CDM is the only format of its kind that enables the provision of:
Writer information to help identify musical works;
Data about exchange rates and the source for such exchange rate data; and
Longer field lengths which assists with the identification of music services and works.