Business News Deals Digital

FUGA buys rights management platform Songspace

By | Published on Wednesday 31 July 2019


Digital distribution firm FUGA has acquired a Nashville-based rights management and creative workflow platform called Songspace.

According to FUGA, Songspace “centralises essential publishing assets such as metadata, audio files, agreements and writer contacts and also identifies gaps in data such as accreditation and lyrics”.

While the new acquisition will remain a standalone product run by its current team, by uniting the FUGA and Songspace platforms, the companies say that together they will be able to “build a world-class service with combined publishing and master recording functionality … offering clients a complete rights dataset in one go”.

And what’s not to like about that? Songspace co-founder Christopher Igoe added that through FUGA’a acquisition of and subsequent investment in his business, he and his team will be able to “deliver new features and improvements even faster while improving music metadata for all of our current and future clients”.