Honestly, that's more than most that come out with their own pet data transfer standards.
But, looking at the models, there is a loooong way to go. And once you have more than a handful of these very small, very shallow models they'll have to, themselves, fit in a meaningful structure (at least at each organization that plans to do something useful with them)...
It will be interesting to see how they handle this when it reaches the next levels of complexity.
I mean, since Leibniz there has been a time-honored tradition of very smart people trying and failing at this omni-model. Who knows, maybe this group will be the first to conquer it.
I'll be happy if they take a small piece -- music services, for example, and really nail that. But the players have every reason not to get things too compatible so it's going to have to be a group of people pushing the services to use the data model than then other way around.