Songtradr partners with Jaxsta
Music Week
By: Sarah Thomas
September 10, 2020
Music licensing marketplace, Songtradr, has partnered exclusively with music credit database, Jaxsta, to provide a solution to artists and musicians in collecting missing revenue. The partnership will see Songtradr’s neighbouring rights identification with Jaxta’s credits metadata.
Songtradr invests $1M in music credit resource Jaxsta, inks exclusive partnership
Music Business Worldwide
By: Murray Stassen
September 10, 2020
Los-Angeles based B2B music rights and licensing marketplace Songtradr has entered into an exclusive partnership with Australia-based, publicly listed technology company Jaxsta. Founded in 2015 by Jacqui Louez Schoorl and Louis Schoorl, Jaxsta claims to be “the world’s largest dedicated database of official music credits”.
Jaxsta signs five-year commercial agreement with Songtradr
The Music Nework
By: Zanda Wilson
September 10, 2020
Jaxsta and Songtradr – two leading music companies founded by Aussies – have entered into a new commercial agreement worth $1.92m. The strategic five-year commercial agreement will allow members of Jaxsta Pro direct access to Songtradr’s Neighbouring Rights revenue collection service.
Songtradr invests $1 million in Jaxsta, inks 5‑year exclusive deal
Digital Music News
By: Ashley King
September 10, 2020
Songtradr has inked a five-year exclusive partnership with Jaxsta to help artists find missing revenue. Songtradr is a B2B music rights and licensing marketplace and platform. Jaxsta will utilize Songtradr’s Neighboring Rights identification and collection product with Jaxsta’s credit metadata.
Jaxsta hits the right note with Songtradr deal
The Market Herald
By: Elisha Hammond
September 10, 2020
Listed music company Jaxsta’s (JXT) shares have spiked nearly 300 per cent on a five-year deal with Songtradr, a privately owned music licencing business. Under the deal, Jaxsta Pro members will gain access to Songtradr’s collection service, which helps artists identify where their sound recordings are being played in order to collect royalties, known as neighbouring rights.
Songtradr invests in Jaxsta, shares jump 250%
The Industry Observer
By: Lars Brandle
September 10, 2020
Jaxsta stock blew up in early trading on the ASX after the official music credits database announced a multi-year commercial agreement with Songtradr. Early Thursday (10th September), Sydney-based Jaxsta confirmed a commercial agreement and an investment with Songtradr, the Los-Angeles-based global B2B music rights and licensing marketplace platform. Overall, the deal is worth A$1.92 million (including A$1.42 million via a convertible note).
Songtradr commits almost $2m to Jaxsta’s music rights platform
Small Caps
By: George Tchetvertakov
September 10, 2020
Music database developer Jaxsta has unveiled a potentially lucrative five-year commercial agreement with B2B music licencing marketplace Songtradr, which has also agreed to invest A$1.42 million. For Songtradr, the deal serves as a means of obtaining exposure to an effective tool that is growing in popularity within the global neighbouring rights market, which is estimated to be worth US$2.6 billion per year.
Songtradr looks to orchestrate M&A after Jaxsta deal
Stockhead
By: Derek Rose
September 10, 2020
A mostly Australian-owned, Los Angeles-based music licensing platform whose deal with Jaxsta sent shares in the music database company soaring yesterday isn’t done making headlines. Songtradr is hungry for acquisitions after buying tech-enabled music service Big Sync Music last year and raising $US30 million ($A41m) in a series C funding round last month that valued the company at $US165 million ($227 million).
For press inquiries, please email press@songtradr.com
