Abstract

ISRC is the Identification of a recording. It is a unique code assigned to a particular recording of a song/video. This is like a fingerprint for a particular version of a recorded music. Music industry is thriving more and more every day in every country and a lot of money is being generated with music. So, it is important to keep our songs identified to the distributors to collect right amount of money earned by our particular version of a song. Music is generating money, majorly through the Distribution. So, it is important to keep these recorded songs identified to collect royalty accurately. ISRC keeps our recordings identified and trackable. This paper examines why the ISRC is important and explores the history & development of the ISRCs, it’s structure & technical aspects, it’s need in the collection of royalty accurately, challenges in its enforcement, its passive role to stop piracy of music.