EXPLORE BITSONIC SERVICES
Our suite of services help our clients solve a range of music data challenges
Due Diligence
In summary
Music rights can be complex and risky. Bitsonic’s Due Diligence service gives you a clear and accurate picture of royalty streams across all territories and all revenues types. So you can make informed rights transactions based on sound revenue data.
How it works
We take all known royalty sources and presents them in one simple to use portal. We identify missing data and can process all payment types and all data files. Using a combination of AI and experienced human insight, Bitsonic Due Diligence offers unprecedented accuracy and speed. We can tailor to any output requirements you have and highlight specific metrics such as key income sources, territories and tracks.
Catalogue Ingestion
In summary
Music data comes in hundreds of different formats. We’ve built a system to merge them all together and house them in one place.
How it works
We take all formats of data and upload them to our system. We then normalise the data structure so all your data files are presented in the same way. The data is cleaned up to highlight any missing elements and goes through numerous quality control checks. The data can also be presented by all manner of outputs such as territory or currency type.
Royalty Audit
In summary
With so many different means of exploiting music rights, it can be challenging to audit all the payments due on music catalogues. We have developed services specifically to aid accountants and business managers.
How it works
We start by ingesting all the available data, normalising it and looking for missing data. We then work with accountants and business managers to understand the parameters of the audit and output the findings to meet the client brief.
Income Maximisation
In summary
With hundreds of payors in the music industry from PROs to record labels and many, many more, it can be complicated to manage them all.
How it works
Using our software and inputting the relevant data, we trace your various revenue streams and their methods of collection. We then identify and highlight ways to maximize your future music catalogue incomes.
Metadata Aggregator
In summary
Missing data is perennial problem in the music industry. So Bitsonic have built a tool that can find complete metadata for any music track by inputting limited data inputs – typically just title and credits.
How it works
The tool accesses numerous data sources and uses AI to help build the full metadata picture including ISRCs and ISWCs. And all within one minute per song. It also identifies additional data such as cover versions, performers and record label data to derive additional revenue streams.
Data Repository
In summary
As the volume of music expands, the need to keep this in one place expands too. That’s where Bitsonic Data Repository comes in.
How it works
We normalise all your data sets and store it in one secure simple to use repository. You also get access to numerous ways of slicing and dicing the data to suit your reporting needs.
We're good with numbers
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Number of artist catalogues
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Songs ingested
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$M+ sale of rights informed
