BERKELEY, Calif.--(BUSINESS WIRE)--Boomy Corporation (“Boomy”), a leading AI-generative music creation platform, label, and publisher, today announced it has integrated Beatdapp Software Inc.’s (“Beatdapp”) technology into its distribution network to verify the authenticity of every stream across all digital streaming platforms (DSPs). Beatdapp is a streaming content auditor and fraud detection company transforming the process of royalty auditing and streaming fraud detection for the music industry.
As part of this forward-looking collaboration, Beatdapp conducted an analysis of Boomy’s entire distributed catalog to certify the Boomy platform and appropriately allocate entitlements owed to rights holders and content creators. This dynamic, platform-centric system will serve as a model for music industry participants focused on streaming protection and combating manipulation to pave the way for a more equitable music ecosystem.
Boomy Co-Founders Alex Mitchell and Matthew Santorelli said, “Boomy supports a new creative class of technology-enabled musicians, and we are dedicated to providing them with the best possible experience by ensuring the integrity of our platform. Achieving Beatdapp certification and leveraging its technology will provide certainty to DSPs, allow our artists to be paid for their authentic streams, and help and support the long-term health of the creative economy.”
Andrew Batey and Morgan Hayduk, Beatdapp’s Co-CEO’s, said, “We are thrilled to partner with the Boomy team, who shares our commitment to creating a transparent and equitable landscape for the next generation of musicians. Combating streaming fraud is among the most important priorities for the music industry today, with artificial streams extracting more than $2 billion from the industry annually, harming both artists and labels. By combining our technology with Boomy's platform, we aim to safeguard the interests of Boomy creators and usher in a new era of trust within the music streaming landscape.”
Boomy is an online platform where creators and enthusiasts all over the world are making, sharing, and monetizing generative music every day. We founded Boomy on the principle that every human on the planet should be able to express themselves with music — regardless of their access to resources like expensive studio time, instruments, or even high-end computers. In pursuit of that expression, we have developed a custom generative music framework that is directly inspired and influenced by the musicians who work at Boomy. We represent a new creative class of AI-empowered artists, creating an on-ramp for musical expression that increases overall interest in the music industry as we grow. To get creating, visit https://www.boomy.com.
Beatdapp is the digital supply chain infrastructure for the streaming economy. Their proprietary blockchain technology, with over 30 patents in 6 countries, is building the platform and aggregate dataset to transform stagnant yet mission-critical activities like auditing, reporting, and fraud prevention for the benefit of artists, labels, and distribution platforms. Beatdapp is headquartered in Vancouver, B.C with offices in Los Angeles and Toronto.