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Musixmatch Signs AI Innovation Agreements With Major Music Publishers.

Today, Musixmatch, the global music lyrics and data company, announced a number of innovative AI-based licensing agreements with Sony Music Publishing, Universal Music Publishing Group and Warner Chappell Music. Thanks to these test agreements, Musixmatch gains access to catalogs of more than 15 million musical works to develop new analytical and non-generative AI services with the support of leading rights holders and the music publishing community.

These agreements position Musixmatch as the first company to partner with three major music publishers and are committed to developing new services with ethical training and revenue streams using authorized catalogs. This marks an important step in the responsible development of AI in music, firmly focused on amplifying the impact of musical works and their lyrics, while offering remuneration to rights holders and composers.

“We look forward to this collaboration with our trusted partners to create and share new revenue streams together,” said Massimo Ciociola, founder and CEO of Musixmatch. “In short: without composers, there can be no music industry. These agreements will ensure that today’s and future’s composers receive compensation for their creative work, not only in today’s market, but also in the dynamic rapidly emerging AI-driven world. Our long-standing collaborations with rights holders allow us to confidently develop new services that will adequately compensate composers, while offering value to music publishers and all those who recognize the power of a song to drive culture and make sense of our world.”

These agreements are based on the strong relationships Musixmatch has established with music publishers and rights holders over the past 15 years, working closely with them to create new markets and opportunities driven by music data and shared lyrics. They represent a model of how tech companies and rights holders can collaborate to responsibly harness the potential of AI. Musixmatch will present future initiatives under this new framework, reinforcing the company’s long-term commitment to ethical innovation in the music industry.

Musixmatch is the world’s largest music lyrics and data company. It combines an unrivalled licensing network with advanced AI technology to drive real-time lyrics and industry-leading analytics. Collaborating with more than 225,000 publishers and nearly 3 million songwriters, Musixmatch provides accurate and authoritative music and lyrics data on services such as Spotify, Apple Music, YouTube, Google, Amazon Music, iHeart Radio and Instagram, while continuously extracting information from a wide range of songs to reveal how music evolves and connects with audiences around the world. The company is headquartered in Bologna, Italy.

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