Musixmatch Acquires Music Reports to Become 'Full-Stack Rights and Royalties Platform'

Musixmatch, a leading lyrics and music data company, has acquired Music Reports, Inc., including its Songdex copyright registry and Blokur platform. This marks Musixmatch's first acquisition in its 16-year history, aiming to establish a comprehensive registry of music copyright information. The deal addresses the growing complexities of music rights systems, particularly with the impact of AI on music creation and usage.