SyncFloor Partners with Captivate to Simplify Music Licensing for Podcast Creators

SyncFloor, the search and discovery site for music licensing and maker of SongsForPodcasters, has teamed up with podcast hosting platform Captivate, to simplify music licensing for growth-oriented podcasters.

Surround Invests in Music Finance Startup Vezt

Surround, the music and entertainment division of Bitfury, is announcing a recent investment in and partnership with Vezt, the mobile app that allows fans to participate in the royalties of their favorite songs – allowing artists, songwriters, producers, labels and publishers to immediately monetize their work in a meaningful way. Vezt will be a cornerstone in the Surround marketplace launching later this year.

Synchtank Unveils IRIS, a Royalty Accounting and Valuation Platform

Synchtank is unveiling its latest platform to its software suite, IRIS. It promises to change the game of royalty accounting and unlock real value for rights holders and rights administrators—and for anyone considering investing in publishing.

IRIS (International Repertoire Information System) can transform tedious, time-sucking tasks that can take days into the work of mere hours, increasing efficiencies and reducing costs. IRIS helps organisations devote more time to value-add tasks than reports and repetitive data inputting. It’s the kind of large-scale, secure, smart innovation the industry expects from a media and music enterprise software platform that counts many of the biggest media conglomerates in the world as clients.

The system was originally developed by global independent music publisher, peermusic.

Bandpay Set for March 2020 Debut; Milestone-based Payment Platform Guarantees Trust Between Collaborators

A singer with a vision for a new single is looking for a producer. She asks around, finds a guy who’s a friend of a friend and sounds promising. They come to terms, she pays him–only to get ghosted. She’s got no track, and now she has to raise money from scratch, doubling the cost of the single.

This story and its like happen regularly to artists, managers, and other music professionals. “A shared scene or network implies trust, but that trust is too often broken, either explicitly or due to misunderstandings,” says DeCarlos Garrison, a music business veteran and serial tech entrepreneur. “I’ve experienced this problem first hand. We knew there was a way to solve it.”

The solution is Bandpay, a fully customizable payment platform that allows two parties to establish milestones in a project, assign payments to each milestone, and guarantee that funds are available to complete a transaction.

Synchtank Brings Powerful Solutions to Large Companies Grappling with Metadata, Royalties, Asset Management

Rights holders with large catalogs of entertainment assets face the daunting prospect of asset management, revenue maximization, and collecting fully on royalties, often measured in penny fractions. The scale is huge, the data messy, the payments complex.

Rights users, on the other hand, face enormous compliance challenges when licensing content for use in production. Challenges that are further exacerbated by the ever-growing content landscape and the sheer volume of licenses required, pushing many major systems to breaking point. Synchtank has spent the past decade creating cloud-based software to tackle the specific needs of entertainment companies, untangling the threads of metadata and money.

New Project From Teosto, Revelator, and BMAT Focused on Faster Payments for Music Rights Holders

In an industry-first partnership, Revelator, BMAT, and Teosto, have demonstrated a new standard for paying rights holders (songwriters and music publishers) faster by processing near real-time monitoring of BMAT radio performance royalties in conjunction with Teosto’s proprietary data set and using Revelator’s Data Management Platform & Original Works’ smart contract-powered Artist Wallet.

Avid Brings Music Distribution to a Quarter Million Avid Link App Users

Avid has introduced AvidPlay, a new music distribution service for its Avid Link app that enables artists, producers and music labels to easily and affordably get their music heard on the world’s most popular streaming services.

With AvidPlay, artists can distribute their music tracks and albums to hundreds of streaming services worldwide, including Spotify, Pandora, Google Play Music, Amazon Music, NetEase, Gaana, Anghami, Deezer, iHeartRadio, and many more, and keep 100 percent of the rights and earnings.

Revelator Launches Digital Wallet App for Artists, Music Makers

Revelator, a leader in multi-territorial rights administration, has launched Artist Wallet, a mobile copyright application powered by smart contracts technology.

With Artist Wallet, Revelator enables faster, more efficient payment advances to artists and music makers, by turning future receivables into instant royalty payments. When a song is streamed online or played on the radio, rights holders are notified directly on their mobile device, and can safely access and cash out their royalties in the Wallet whenever they want.

Pandora Selects OpenText’s Digital Asset Management Platform for Streaming Advertising

OpenText announced Pandora selected OpenText Media Management as the asset storage and management application for its audio and display advertising.

Powered by the Music Genome Project, Pandora delivers its users personalized music that continually evolves with their tastes. An important element of this customization is an intelligent media strategy. Providing advertisers with an engaging, targeted, scalable platform is an integral part of Pandora’s business strategy.

Stingray Selects Triton Digital for Digital Audio Monetization

Triton Digital announced today that Stingray has selected Triton Digital to power the monetization of the streaming audio content on its Stingray Music mobile application. Through this partnership, Stingray will utilize Triton’s programmatic audio marketplace (a2x®) and audio Sell-Side Platform (Yield-Op) to make its audio inventory available programmatically to media buyers around the world through both open and private marketplace deals.

Dreamchain Foundation Debuts Music Streaming Service Built on End-to-End Blockchain Platform

The Dreamchain Foundation announced today that its combined Dreamchain/Dreamstream Testnet has successfully been deployed and is securely streaming songs through the Dreamcoin Music app. Dreamchain Testnet is capable of registering one million end-to-end digital rights management (DRM) song transactions every 24 hours. Music industry participants can learn more by visiting www.GetOntheChain.org.

“We envision a world that is united and healed through the collaboration, proliferation and consumption of independent creative works,” said Mike Rubin, Founder of the Dreamchain Foundation. “By utilizing the blockchain’s immutable ledger and decentralized consensus ability combined with cryptocurrency’s ability to create new economic models, we can finally remove powerful authorities that for too long have either censored creativity or controlled the economic returns for creators, preventing many artists from realizing their dreams.”

Music Audience Exchange Unveils MAX Artist Matching Engine

Music Audience Exchange today unveiled its MAX Artist Matching Engine, the result of a three year project from a team of engineers and data scientists. The Artist Matching Engine is powered by a novel data model that uses neural networks to map music tastes onto the demographic, psychographic, geographic, and behavioral attributes of music audiences.

Driven by a wealth of first party and aggregated data, this system combines a proprietary genre taxonomy with analysis of streaming, social media and live show data to gain insight into the fan bases of over 1.8 million artists worldwide. Brands are now using these insights to reach millions of music fans through immersive music programs.