Jammber, a digital platform that helps artists track music projects and credits, has acquired music rights management company TuneRegistry for an undisclosed sum.
With the acquisition, the 6-year-old Jammber aims to ramp up its royalty management capabilities. The announcement comes just ahead of the launch of Jammber's royalty-splitting app, Splits, and the Jammber Money payment platform.
“Everything we do is around getting music owners paid faster and more accurately," said Jammber co-founder and CEO Marcus Cobb. "Music ownership is at the core of all aspects of music usage. Now we can democratize the process of ownership registration in new ways that can scale with the extraordinary growth the industry is experiencing.”