Max Ciociola turned Musixmatch into the world’s largest lyrics company. Now, with backing from TPG – and having struck a deal with Suno for a copyright-detection tool called Sentinel – it’s on a path to becoming something much bigger…
The company set out that description in a statement responding to a second copyright lawsuit filed by Universal Music Group and Sony Music Entertainment.
US copyright law sets damages for willful infringement at up to USD $150,000 per work. At that ceiling, the 60,202 recordings would carry a theoretical maximum of just over $9 billion.