US music rights society BMI has signed an agreement with rights management company Orfium to acquire Soundmouse, a music cue sheet reporting and monitoring platform for the broadcast and entertainment production industries. Terms of the deal were not disclosed. BMI plans to operate Soundmouse as an independent company and will remain one of its biggest clients. Todd Horvath, BMI’s President and COO, will oversee the operations of the company. The transaction will be funded through Soundmouse's ...

British music rights management company Y Royalties has appointed Paritosh Dagar as Chief Technology and AI Officer (CTAO). Dagar joins from KPMG, where he served as Digital Audit Leader for the past 14 years. Dagar will work across both Y Royalties and CC Young & Co, with a remit "to develop and enhance the data infrastructure, systems, and tools that will define the next generation of music royalty management." The company said the hiring signals its "commitment to placing technology and ...

Seven companies from six European countries active in the music sector have joined forces to launch Artistic Futures, a new initiative designed to create an "AI-powered platform to help independent songwriters, labels and publishers detect unclaimed royalties, fix broken metadata, and take control of their rights across borders and collection societies." The promoters of the project have the ambition to tackle what they consider as "one of the music industry’s most persistent problems: the hundr...