The company currently employs more than 120 individuals across Italy and Europe. Other firms backing Musixmatch include Micheli Associati, P101 Venture, and United Venture. “We have long admired the impressive platform that Max and his team have built and believe Musixmatch’s unparalleled metadata catalog, proprietary lyrics sourcing engine, and extensive relationships with streaming platforms and IP owners will continue to position the company for success in this large and growing market.” “Digital music streaming has become the default form of music consumption and continues to experience robust growth,” says Jacqui Hawwa, a Business Unit Partner at TPG Growth. A leading music data company, one of Musixmatchs primary services is providing lyrics to all of your favourite DSPs. You can sync it for lyrics with other platforms like Spotify, Youtube, Pandora and more. You can search song lyrics from the huge database of Musixmatch. We are thrilled to welcome TPG as a partner and look forward to what we can bring to our artists and their fans.” Musixmatch Lyrics for your Music Musixmatch is rightly one of the best lyrics apps available in the market. In 2019, Musixmatch launched a partnership with Instagram that allows consumers to add song lyrics to their Instagram stories.“The team at TPG brings more than just deep experience investing behind world-class music and streaming companies - they also share our ethos and the entrepreneurial spirit that has been a hallmark of our success to date and will continue to drive our next phase of growth. To date, Musixmatch has raised $19.3 million, according to Crunchbase, with its latest investment round taking place last year for $2.5 million. The only way to get any functionality is to follow a link from the Musixmatch website into the app. Musixmatch, which is run by founder and CEO, Max Ciociola, has offices in Bologna (HQ), San Francisco, and London. “Let’s face it: a lot of indie artists today are both songwriters and performers, so why do they have to have multiple places to claim their royalties? We think that there should be an easy solution for all of it.” As a result, the number of unpaid tracks keeps increasing. Flick through songs, helpfully arranged into categories of genre, artist and decade. Thousands of lyrics Discover what artists are saying with this easy-to-navigate lyrics app. When they tap on the lyrics, they’ll see a sticker. Musixmatch lets you read off the lyrics to songs, find the words to other tracks, and also offers a sing-along karaoke service. Fans that watch your story will see the lyrics pop up as the music plays. Move, resize and rotate the lyrics to share your story. Pick between different lyrics, animations, font designs and colors. “However, given the complexities of the global digital licensing landscape, in particular for smaller songwriters, it has become too onerous and expensive to track and trace royalties globally. The scrubber will also enable you to find the lyrics of the exact part of the song you want. “In standard music business agreements, musicians earn royalties from their recordings, while songwriters earn through their copyrights. Musixmatch stated: “We want to re-match the recording and publishing worlds through a single entry point. In addition to the distribution and credit management features, Musixmatch’s new service will give artists access to a personal Wallet, which will display stats and royalty statements.
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