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Data

Chartmetric measures TikTok trending music in new chart

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By Emmanuel Legrand

Data and analytics company Chartmetric has established a new weekly TikTok Chart showing trending artists' tracks right as they take off. The chart lets users search by velocity (how fast a track is gaining traction) and by rankings that extend deep into the leaderboard (down to the 1,000th-ranked track).

Chartmetric said these features allow the chart "to reveal not just the same big names for weeks, but the substrate of fast breaking new artists who are winning over...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Data

Music Story seals data partnership with Japan’s streaming service Line Music

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France's music metadata company Music Story has sealed a partnership with Japan’s subscription-based music streaming service Line Music, in a deal that will allow Line Music to improve the customer experience with Music Story’s metadata.

"Music Story will provide Line Music with the technology to improve the quality of its music metadata over a broad, Japan-centric footprint," said the company. Music Story datasets combines automated processing, including AI, with music expertise.

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Creative Industries

Kobalt unveils new Client Portal designed to provide accuracy, transparency and insight

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Independent music publisher and rights management company Kobalt has launched a new Client Portal, described as a "next-generation" tool that will bring to users "unprecedented levels of accuracy, transparency and insight."

The platform provides information on to real-time royalty payments, song-specific performance insights, and live sync updates. "The new Kobalt Portal sees the unveiling of an industry first across the royalty processing journey," explained the company. In particular, the...

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Data

RyteBox acquires SR1 from Exactuals

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Cloud-based music rights and royalties administration platform RyteBox has acquired SR1, a royalty calculation suite, from Exactuals, the rights management subsidiary of City National Bank. Terms of the deal were not disclosed.

RyteBox said the acquisition "greatly expands the capabilities and customer reach of both RyteBox and SR1." As a result of the acquisition, Joe DeCanio, President & CEO of SR1, and his team, are joining RyteBox and will continue to support the SR1 customers, said ...

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