Copyright and AI, Bologna-based Musixmatch acquires Music Reports
Musixmatch has announced the acquisition of Music Reports. The Italian company manages song lyrics rights by developing artificial intelligence-based solutions for artists and publishers that...
Musixmatch, an Italian company that manages song lyrics rights and develops AI solutions for artists and publishers, has acquired US-based Music Reports. The deal, backed by American funds TPG and MidOcean Partners, brings together two complementary businesses that aim to reconcile music plays with rights holders. The acquisition is expected to drive innovation in royalty management, with AI-powered agents to identify and match music uses, and is set to transform the music market.
Musixmatch works with over 250,000 music publishers, 3 million authors, and major digital services, while Music Reports has a database of over 200 million recordings and compositions.
Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
