AlphaTheta Corporation acquires 25% stake in DJ Monitor - News - News
Summary
AlphaTheta manufactures and sells products from Pioneer DJ and its associated brands, including KUVO, a service which launched in 2014 which aimed to assist with the fairer distribution of royalties to electronic music creators and rightsholders around the world. As KUVO has evolved, AlphaTheta has sought new ways to enable the industry to improve royalty distribution, and the investment in DJ Monitor shows a commitment to supporting this cause.Through this strategic investment and partnership, the two companies will create new synergies, technological innovations, and efficiencies to better serve the electronic music ecosystem. Its a natural fit for us to partner with DJ Monitor, a company that shares our vision and determination to ensure artists are paid fairly. Since 2005, theyve developed tech-driven end-to-end services that enhance accurate music usage reporting and improved royalties for artists. Their services cover music festivals, nightclubs, venues, broadcasts, and online streaming events.