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09/12/2024
Article
Audiomack Expands Royalty Tracking Capabilities with Mogul Deal

Via Music Ally:

Music fintech startup Mogul launched its royalty tracking dashboard in February 2024 with $1.9 million in funding, and three months later announced that it had already tracked $100 million for artists using its service.

Now, it has struck a deal with streaming service Audiomack to expand its presence even further. Audiomack will integrate Mogul's technology into its platform, including the "Audiomack Monetization Program" (AMP) system.

It's the latest expansion of Audiomack's artist management tools, with the streaming service currently reaching over 30 million monthly listeners, particularly in Africa.

“This partnership unlocks financial freedom and transparency, giving artists not only visibility into distribution royalties, but also entry points into new revenue streams,” promised Audiomack’s Licensing and Music Partnerships Manager Jacob Lowy.