Drag-and-drop a single folder containing media files on this droplet (or double-click it to select a folder via an open dialog); it will add each file to iTunes and then distribute the tracks to playlists named using your choice of the tracks' "Artist - Album" tags or the name(s) of the folder(s) containing the file.
OS X 10.6 or later only. Previous universal version available at the link below in the "Info" section.
Options are displayed after dropping a folder of files on the droplet.
Export album artwork as folder.jpg to Album folder
Display, create text file listing info of dead tracks
Capitalize the first letter of each word in selected track names
Sort purchased tracks into discrete playlists by name or account ID
Copy Artist to Album Artist of selected tracks
List tracks not assigned to playlists