Royalties platform Musixmatch has announced its first acquisition.
The company has taken control of Music Reports, Inc, the LA-based company behind copyright registry Songdex and rights and licensing platform Blokur.
Max Ciociola, founder and CEO of Musixmatch, said: "Music is being created and used faster than the industry can track it, and AI is only accelerating the trend. When no one can identify who wrote a song, who owns it, or who should be paid, creators lose. Bringing Music Reports into Musixmatch unites two of the industry's most trusted datasets on one platform. Our goal is simple. Every use of music identified, every owner known, every creator paid.”
According to a press release, Musixmatch will “combine its data and technology with Songdex to create a comprehensive metadata layer that connects recordings, compositions, and rights information across the global music ecosystem”.
Music is being created and used faster than the industry can track it, and AI is only accelerating the trend
Max Ciociola, Musixmatch
The company’s stated aim is to provide “the most accurate music identification and rights matching in the industry”, while the acquisition expands Musixmatch's rights business beyond lyrics into all forms of music rights, including mechanical, sync, print and performance rights.
The deal also means that Musixmatch now has the capacity to use Cuetrak software, which helps DSPs and broadcasters to analyse music used in audio-visual content.
Press materials also point to the establishment of “the foundation for the next generation of agentic royalty management”.
Now in its 17th year, Musixmatch works with more than 250,000 publishers, nearly three million songwriters and digital services including Spotify, Apple Music, YouTube and Amazon Music.
Earlier this year, Musixmatch launched music copyright detection service Sentinel.
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