Luminate, the entertainment industry data company responsible for powering the Billboard Charts, has acquired Quansic, a global music artist identification service.
France-headquartered Quansic claims to operate the world’s largest artist identification database which includes over 2.5 million ISNIs (artist identifiers) and 200 million asset identifiers.
Effective immediately, Quansic’s team will join Luminate and will continue to report to founder and chief scientist FX Nuttall.
Nuttall, who has 20+ years’ experience finding solutions to metadata discrepancies within music, most recently at YouTube, will report directly to Luminate CEO Rob Jonas.
Luminate says that the deal fuels its “mission to unify data within the music industry across streaming, publishing and artist services”.
Within Luminate, Quansic will continue operating its data enhancement services, which include improving the quality of identifiers within recording artists’ discographies and simplifying the process of claiming earned song royalties.
Quansic’s clients will also have the option to access Luminate’s streaming and sales data.
In addition to standalone products and services, Quansic’s data will be incorporated into Luminate’s new data platform, announced last year.
The new platform is being launched in several phases over the coming months and currently serves record labels, artist management, music publishers and many other clients within and beyond the global music industry.
“Quansic has earned the trust of many key leaders in the music data space, which is no surprise given the quality of the product and service FX and his team have built.”
Rob Jonas, Luminate
Commenting on the announcement, Rob Jonas said: “Quansic has earned the trust of many key leaders in the music data space, which is no surprise given the quality of the product and service FX and his team have built.
“We warmly welcome them into the Luminate family and look forward to collaborating and taking our music data offerings to the next level, especially as we close the gap between the disparate data that labels and publishers have historically relied on to drive their businesses forward.”
“We are grateful to Rob and the Luminate team for seeing the value in what we’ve created at Quansic.”
Nuttall added: “We are grateful to Rob and the Luminate team for seeing the value in what we’ve created at Quansic.
“Combining our unique data quality with Luminate’s scale, capabilities and influence is essential for advancing our vision to unify data within the music industry. We are eager to scale that work with Luminate and look forward to bringing unprecedented value to the music industry.”Music Business Worldwide