Music Reports has acquired Blokur to enhance its music rights administration services through advanced technology and a broader client offering.

Target Company Overview

Music Reports, Inc. is recognized as the world's leading independent music rights administration platform. Recently, the company has acquired Blokur, a music licensing and data platform, enhancing its capabilities and services for a broader range of clients. Music Reports specializes in managing a comprehensive range of musical composition rights, including mechanical, public performance, and synchronization rights, across more than 200 territories globally. The company is particularly known for its expertise in music publishing rights administration, driven by its innovative Songdex® music rights registry, which addresses various rights management challenges in streaming, broadcasting, and commercial music sectors.

Blokur, founded in 2015, provides an innovative suite of services and advanced music metadata matching technology that complement Music Reports' existing offerings. By joining forces, both companies aim to deliver enhanced solutions in music rights management, leveraging a skilled team of technologists and rights experts. The collaboration is expected to drive substantial improvements in the efficiency of rights matching, registrations, and reporting, catering to the evolving demands of a diverse client base.

Industry Overview

The music rights administration industry plays a crucial role in ensuring that creators are compensated for their work, especially in a rapidly evolving digital landscape. In recent years, the industry has undergone significan