Audius Partners with Music Reports to Power Rights Clearances

Audius, the largest decentralized music community and discovery platform for artists and their fans, announced today that it has partnered with Music Reports, Inc.(Music Reports®), the world's most advanced rights administration platform, to power licensing of rights and payments to music publishers through their Songdex® Marketplace opt-in licensing platform.

"Music Reports is the best-in-class company behind getting songwriters and publishers paid quickly and efficiently from billions of streams in more than 230 territories around the world,” said Audius co-founder and CEO Roneil Rumburg. “This deal with Music Reports is a major milestone on our path to build the licensing infrastructure to ensure that artists, songwriters and other rights holders get paid when they interact with the Audius music marketplace."

Late last year, Audius launched its music marketplace which makes it possible for the 6 million music fans who regularly engage with the platform to support their favorite artists via direct U.S. dollar payments. This new innovation unlocked one of the most unique features on the Audius roadmap, creating a powerful new revenue stream for artists and rights holders.

"Audius is a next generation platform that deepens the commercial relationship between artists and their fans in a very direct way,” said Jason Walker, CEO of Music Reports. “We are happy to be supporting their mission by providing licensing and royalty payment administration to music publishers that will scale with the pace of Audius' growth."

Music Reports provides music copyright administration services to a diverse range of clients in traditional and digital media from the smallest startups to the largest enterprise customers and in virtually every country of the world.

About Audius:

Audius is a global decentralized music community and discovery platform that puts the artist in control. Audius is run by a vibrant, open-source community of artists, music fans and developers from all over the world and is powered by its own crypto token, $AUDIO, which makes it possible for artists to retain control of how their work is distributed and creates new revenue streams for them and other rights holders around the sharing of their music. With 6 million unique monthly users, Audius is one of the largest decentralized applications in the world. Sign up today at https://audius.co.

About Music Reports

Music Reports is the world's leading provider of objective music rights data and administration services. Music Reports leverages its proprietary and continuously updated Songdex® music rights registry and Cuetrak™ cue sheet management system, to deliver a comprehensive, technology-enabled platform for music rights analytics, licensing, royalty accounting, and payments. Music Reports was founded in 1995 and is based in Woodland Hills, CA with operations in London. musicreports.com