Last updated on June 28th, 2023 at 02:13 pm
PRESS RELEASE
Cyanite signs up BMG to use AI tagging across entire catalog
AI-powered music tagging and search firm Cyanite will categorise BMG’s catalog of three million tracks to unlock new value for Synch
Mannheim/Berlin, September 27, 2022 – Cyanite, a tech company with various solutions in AI-powered music tagging and search, has signed a global deal with music giant BMG to unlock new value from its three-million-track catalogue.
Bertelsmann-owned BMG, the world’s largest music company outside the three ‘majors’, has appointed Cyanite with the aim of making its entire repertoire more searchable and accessible for Synch – i.e. placing music in movies and advertising. Cyanite’s automatic tagging will support BMG’s internal and external creatives to identify “hidden gems” in the search for the perfect song for film, TV, games and advertising usages. Before deciding on Cyanite, BMG tested all available technologies extensively.
BMG’s catalogue has grown exponentially through acquisitions and organic growth since its formation in 2008. Cyanite’s tech will allow BMG to easily integrate newly acquired catalogues such as that of Telamo, the largest independent record label in Germany.
Cyanite’s technology is being integrated into BMG’s internal content management system BMG Songs, the market-leading repertoire, creative and licensing platform used by BMG’s synch teams around the world. BMG’s tagging team can now focus their efforts away from manual tagging, while the company gets on with exploiting its entire catalogue.
The BMG development team is currently overseeing the integration of Cyanite’s Application Programming Interface (API), which will enable employees to leverage Cyanite’s creative metadata. Once integrated, BMG’s repertoire will be processed by Cyanite’s AI technology and the results delivered back via the API to BMG’s software.
BMG VP Group Technology Gaurav Mittal said, “BMG is committed to using AI technologies to optimize our revenues so we can speed the flow of royalties to artists and songwriters. We are delighted to be working with Cyanite to enhance our Synch services.”
BMG SVP Global Synch Licensing Allegra Willis Knerr said: “In a world in which there are literally tens of millions of tracks available to Synch, AI offers the ability to simultaneously improve the accuracy of pitches and level the playing field for artists and songwriters. AIready, wherever the brief allows it, BMG has abandoned the distinction between ‘frontline’ and ‘catalogue’. Our objective with Cyanite is to maximise the chances for every single song in our repertoire to be licensed.”
Markus Schwarzer, CEO, Cyanite, said: “We are very proud to announce this deal with BMG, a company which shares our vision of a universal intelligence that understands, indexes and recommends the world’s music. Working together, BMG and Cyanite will uncover the potential of every single track in the catalogue.”
The news comes after Cyanite announced in August that it has closed an €800,000 seed investment round to further expand its AI-based solution for the music industry. This investment was led by former finetunes founders Oke Göttlich and Henning Thieß. The goal is to sustain the company’s vision of universal music intelligence to revolutionise how music is selected in entertainment and advertising.
BMG is the second division of Bertelsmann to sign a deal with Cyanite, following RTL Group, the Luxembourg-based international media conglomerate.
About Cyanite
Cyanite helps music companies to turn their catalogues into their own personal Spotify – powering music libraries with the simplicity, visibility, and functionality to perform how they and their users expect them to.
From its offices located in Berlin and Mannheim, Cyanite builds powerful AI-based analysis and recommendation solutions to efficiently tag and search music. This enables music, entertainment and advertising companies to quickly and cost-effectively deliver the right songs for their customers’ search queries.
Cyanite supports some of the most renowned and innovative players in the music and advertising industry via API or no code solutions. Among the music companies using Cyanite are the production music libraries APM Music and Far Music (RTL), the radio station SWR, the music publishers Nettwerk, NEUBAU Music and Schubert Music, and the sound branding agencies amp sound branding, Universal Music Solutions, and Human Worldwide.
Cyanite’s vision is to become the universal intelligence that understands, connects and recommends the world’s music – an intelligence that can translate music into anything and anything into music.
About BMG
BMG – est. 2008 – is the world’s fourth-biggest music company, the first new global player in the music business of the streaming age, and a record label and music publisher in one. Named in 2020 one of the world’s Most Innovative Companies by Fast Company, BMG’s pitch is unique – a relentless focus on fairness and transparency and service to its artist and songwriter clients. BMG’s 21 offices across 12 core music markets now represent over three million songs and recordings, including many of the most renowned and successful catalogs in popular music history. BMG’s fresh approach includes production music, films, books, artist management, merchandise, neighboring rights, and live as well as music publishing and recordings off the same service platform. BMG is owned by international media, services and education company Bertelsmann, whose other content businesses include the entertainment company RTL Group and the trade book publisher Penguin Random House. With its multi-platform perspective, integrated technology platform and commitment to help artists maximize their income, BMG aims to be the best company in music to do business with. www.bmg.com
Website: https://www.cyanite.ai/
Web App: https://app.cyanite.ai/register
API: https://api-docs.cyanite.ai/
LinkedIn: Cyanite.ai
Twitter: Cyanite.ai
