As CISAC (the International Confederation of Societies of Authors and Composers) reports Koda, Kono and Teosta, three Scandinavian collective rights management societies, formed a cross-border alliance called Polaris Nordic. It "aims to create higher value for music creators, and lead the way for the future of music rights management". They have agreed to develop, and run, joint back-end systems for music reporting and distribution of the revenues collected by the organisations. View the complete press release here.