To date, Musixmatch has raised $19.3 million, according to Crunchbase, with its latest investment round taking place last year for $2.5 million.
Musixmatch, which is run by founder and CEO, Max Ciociola, has offices in Bologna (HQ), San Francisco, and London. “Let’s face it: a lot of indie artists today are both songwriters and performers, so why do they have to have multiple places to claim their royalties? We think that there should be an easy solution for all of it.” As a result, the number of unpaid tracks keeps increasing. “However, given the complexities of the global digital licensing landscape, in particular for smaller songwriters, it has become too onerous and expensive to track and trace royalties globally. “In standard music business agreements, musicians earn royalties from their recordings, while songwriters earn through their copyrights. We provide them with the ability to add lyrics, sync the music, translate text into many languages. This global community comprises actual music artists too. nightstand has smoke ash / check my wallet. Musixmatch stated: “We want to re-match the recording and publishing worlds through a single entry point. Millions of music enthusiasts, worldwide, are creating a knowledge base for music and lyrics. However, I do enjoy writing song lyrics for R&B/Soul and Pop music as well. In addition to the distribution and credit management features, Musixmatch’s new service will give artists access to a personal Wallet, which will display stats and royalty statements.
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