Results International is delighted to have advised the shareholders of Sonalytic on their acquisition by Spotify.
Sonalytic are UK-based makers of audio detection technology that identifies songs, mixed content and audio clips. Sonalytic’s technology will help improve Spotify’s personalised playlists, match songs with compositions and improve Spotify’s publishing data system.
Spotify announced the acquisition stating, “We’re happy to announce that Sonalytic is joining the Spotify family. The Sonalytic team is passionate about creating technology to improve the music ecosystem for artists and fans. Their advancements in audio feature detection will be used in several ways to advance Spotify’s mission: from improving Spotify’s personalized playlists to matching songs with compositions to improve our publishing data system. Stay tuned for new products we’ll bring to market with Sonalytic’s help.”
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