Meaning : Digital Data Exchange
Category : Internet / Computers
Sub Category : E business
What does DDX mean or stand for ?
DDX or DDEX is an organisation that was founded in early 2000s when digital music started to be sold and streamed online.there needed to be a set of rules and standards to regulate this new commercial trade.Record sales were at an all time low,so streaming and retailing giants like Amazon Music,Apple,Spotify and others along with record labels who owned the copyright (BMI,Sony Music,Warner Music,Universal music etc) had to come to a census.
They had to agree on standards and profit sharing and terms to how this new industry would roll out.They all came together to set these standards and keep altering and adding every year.