Tuned Global Acquires Figaro.ai, Bolstering Music Tech Leadership

Tuned Global acquired Figaro.ai, an audio-AI company, to enhance its music and media technology platform. This strengthens Tuned Global’s focus on AI-driven advancements in music discovery, rights management, and personalized recommendations. The integration provides clients with tools for innovation, user engagement, and improved business outcomes. Figaro.ai’s team will join Tuned Global, accelerating product development. This acquisition reinforces Tuned Global’s position as a leading cloud platform for music innovation, streamlining licensing and content delivery.

Tuned Global, a prominent music and media technology platform, announced Wednesday the acquisition of Figaro.ai ( formerly known as FeedForward), a London-based audio-AI company recognized for its expertise in enhancing the discoverability and organization of extensive music catalogs. This acquisition underscores Tuned Global’s strategic focus on becoming the premier cloud platform for music innovation.

The integration of Figaro.ai into Tuned Global’s ecosystem represents a significant step towards providing clients with cutting-edge AI solutions. Tuned Global aims to equip its clientele with the tools to drive innovation, foster deeper user engagement, and achieve demonstrable business results. This move signifies a commitment to leveraging technology for improved outcomes, benefiting not only Tuned Global’s partners but also the broader music industry.

“With Figaro.ai, Tuned Global solidifies its position as the most encompassing music platform, facilitating AI-driven advancements in fraud detection, rights management, and personalized music recommendations,” stated Con Raso, CEO of Tuned Global. The acquisition follows Tuned Global’s previous acquisition of Pacemaker, renowned for its AI-powered mixing capabilities. This reflects a consistent strategy of acquiring companies with innovative technologies and intellectual property that empower clients to shape the future of music technology and streaming services. Through the integration of Figaro.ai, Tuned Global aims to elevate its ability to deliver engaging and relevant music experiences on a large scale.

Industry analysts view this acquisition as a strategic move by Tuned Global to consolidate its market position in the competitive music tech landscape. The demand for AI-driven music discovery and personalized experiences is rapidly increasing, and Figaro.ai’s technology provides Tuned Global with a valuable asset in meeting this demand. The acquisition also addresses the growing complexity of music licensing and rights management by leveraging AI to streamline these processes.

Tuned Global plans to integrate Figaro.ai as a distinct yet interconnected component within its broader platform. This approach ensures compatibility with existing partners while expanding options for clients. Furthermore, Tuned Global affirms its commitment to supporting current Figaro.ai clients, leveraging its global reach and infrastructure.

The Figaro.ai team, including co-founders Lydia Gregory and Kevin Webster, will be integrated into Tuned Global to ensure a seamless transition for existing customers. The team’s deep AI expertise will be instrumental in accelerating Tuned Global’s product roadmap and driving further innovation.

“At Tuned Global, we see ourselves as the central hub where innovation in music technology takes shape. We are building the largest open ecosystem of AI music intelligence, giving our clients maximum choice and real impact for the music industry,” said Tuned Global CEO Con Raso. “With Figaro.ai joining the platform, we’re not only expanding that ecosystem with cutting-edge technology but also welcoming a highly skilled team whose expertise strengthens our ability to deliver music experiences that are powerful, flexible and future-ready.”

According to Lydia Gregory, CEO and Co-founder of Figaro.ai, “Figaro.ai has always been about the synergy of technical expertise and a love for music discovery. I’m incredibly proud of the team that built this technology, and I’m thrilled that they are joining me as part of Tuned Global. Being integrated into a platform of this magnitude allows us to continue our mission with greater reach and impact, while ensuring continuity for the clients who already rely on us. Together, we’re ready to help the industry deliver music experiences that are more relevant, premium, and engaging than ever before.”

About Tuned Global

Tuned Global is a data-driven cloud and software platform that enables businesses to seamlessly integrate commercial music into their apps or launch complete streaming experiences. Their portfolio includes advanced APIs, real-time analytics, licensing solutions, and customizable white-label apps.

Through turnkey solutions for music, audio, and video, Tuned Global streamlines licensing, rights management, and content delivery, enabling quicker innovation and accelerating the realization of new ideas. The platform supports a broad ecosystem of third-party music tech integrations, solidifying its position as a comprehensive partner for any digital music project.

Since 2011, Tuned Global has supported more than 40 companies across over 70 countries, encompassing sectors such as telecom, fitness, media, and aviation. Their partnerships aim to deliver innovative music experiences more efficiently and cost-effectively. For more information, visit www.tunedglobal.com.

About Figaro

Figaro is an audio intelligence platform for music search, tagging, and content detection, empowering smarter discovery and content management across sync, DSPs, UGC, and distribution.

Original article, Author: Samuel Thompson. If you wish to reprint this article, please indicate the source:https://aicnbc.com/10567.html

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