In a rare show of unity, the rival U.S. performing right associations ASCAP and BMI have teamed up to build a one-of-a-kind database of musical works from their combined repertories that should help music creators and the industry navigate the complicated space of licensing in the U.S.

According to a joint statement, teams of copyright, technical and data experts have worked for more than a year on the new database which, when complete, will offer authoritative views of ownership splits and other detail about millions of copyright-protected works.

Transparency and accuracy are paramount to what’s been described as a groundbreaking initiative, one which will “serve as a foundation that can evolve to include a broader range of music information across the entire industry, both parties boast in a statement issued Thursday (Australia time).

The joint database will include much of same information already available on the PROs’ respective sites including song and composition titles, performing artist info, aggregated shares broken down by societies, unique identifiers like the International Standard Work Codes and IP names and numbers.

“ASCAP and BMI are proactively and voluntarily moving the entire industry a step forward to more accurate, reliable and user-friendly data,” Elizabeth Matthews, CEO, ASCAP explains in a statement.