Sweden-headquartered Epidemic Sound has acquired Song Sleuth, an AI music recognition startup, betting on AI to solve one of the music industry’s most persistent challenges: tracking and monetizing songs used in user-generated content online. Epidemic Sound said the acquisition paves the way for the launch of a new service called Aentidote aimed at identifying unclaimed and undistributed royalties from remixes, covers, and live recordings.
Source: Epidemic Sound acquires AI startup Song Sleuth to tackle music’s ‘black box’ problem