BMAT

What BMAT does

BMAT is a Barcelona-based music technology company founded in 2006 that operates a "Music Operating System" connecting music industry players — collective management organizations (CMOs), music publishers, record labels, broadcasters, digital service providers (DSPs), venues, and AI companies — through proprietary audio fingerprinting and machine learning technology. The platform processes 27 billion daily music matches, delivers 80 million identifications per day against a database spanning 500 years of music, monitors 9,000+ TV and radio channels across 140 countries, and processes €1.5 billion in digital royalties annually. Its core technology includes multiple fingerprinting algorithms (FFP, standard, HPCPFP), the Deep Music Detector convolutional neural network, and a metadata matching engine, supported by a dataset of 180 million audio fingerprints, 10 million audiovisual works, and 1.5 million cue sheets.

The product portfolio is modular and segmented by customer type. Vericast Record Labels and Vericast Publishers provide real-time music usage tracking and royalty recovery. BackOffice is an end-to-end rights management and distribution system for CMOs and MLCs compliant with CISAC, CRD, CWR, CAF, and DDEX standards. Reportal TV/Radio automate music reporting for broadcasters (deployed at 55+ TV and 30+ radio outlets). DSP Reporting processes up to 200 million transactions monthly for digital platforms across 249 territories. ReSol resolves digital claiming conflicts (used by SACEM, WAMI, FILSCAP). The newest product, AI Music Models Certification, verifies AI training datasets against the fingerprint database.

BMAT's business model is enterprise B2B SaaS with annual subscription contracts and quote-based pricing, supplemented by usage-based processing fees for DSP/VOD workflows. Customers include 4,746 companies globally — major publishers (Universal, Sony/ATV, Warner Chappell, BMG), broadcasters (RTP, Universal), CMOs (SACEM, HKRIA, MCT Thailand), and DSPs (SoundCloud). The company employs 330+ people across 18 offices in 29 countries and pursues geographic expansion through acquisitions (Directors Gear Japan 2020, MMS Italy 2024) financed in part through the COFIDES Impact program. ISO 27001 certified.

Name

BMAT

Legal name

BMAT Music Innovation S.L.

Website

https://bmat.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

251–500 employees

Short description

BMAT operates a Music Operating System that uses proprietary audio fingerprinting and machine learning to connect CMOs, publishers, record labels, broadcasters, DSPs, and venues across 140+ countries. The platform processes 27 billion daily matches and €1.5 billion in annual digital royalties for 4,746 companies globally.

Ownership category

akta.pro rank

Product category

Music Rights Management Software

NAICS

Sound Recording Industries (5122), Motion Picture and Sound Recording Industries (512)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Rights Data, Metadata, Identifier & Repertoire Management (ISWC/ISRC/IPI, Matching) (MPAIAKAF)

akta.pro secondary industries

Content Identification & Matching (Fingerprinting, ID Resolution) (MPAHALAE), Recorded Music Metadata, Fingerprinting & Anti-Piracy (CID/Content ID) (MPAIAAAJ), Music Recognition, Lyrics & Metadata Platforms (MPAIADAK)

Keywords

• Music rights management
• Audio fingerprinting technology
• Royalty distribution software
• Music monitoring services
• Digital music reporting

Headquarters

HQ city

Barcelona

HQ country

Spain

HQ region

Europe

Offices18 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Music Rights Monitoring and Reporting Services: Subscription and usage-based fees for music monitoring services across TV, radio, venues, and digital platforms. Services include Vericast for publishers and labels, Reportal for broadcasters, DSP Reporting, BackOffice for CMOs.
2. Digital Royalty Processing: Processes €1.5 billion in digital royalties annually through Music Operating System. Revenue generated from DSP processing, VOD processing, and distribution management for CMOs and rights holders.
3. Acquisition and Integration: BMAT acquires companies (Directors Gear, MMS) and integrates them into their OS, generating revenue through expanded market presence and service offerings.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

BMAT operates a Music Operating System that uses proprietary audio fingerprinting and machine learning technology to identify and report music usage across TV, radio, streaming platforms, and live venues, connecting CMOs, publishers, record labels, broadcasters, DSPs, venues, AI companies, and artists into a single neutral data backbone. Its products automate music reporting, royalty distribution, claims reconciliation, and rights administration, processing 27 billion daily music matches and €1.5 billion in annual digital royalties.

Product overview

BMAT operates as a Music Operating System connecting all music industry players through a modular platform architecture. The core platform is powered by proprietary audio fingerprinting and machine learning technologies that deliver 27 billion daily music matches and process €1.5 billion in digital royalties annually. The product portfolio consists of three main pillars: (1) Vericast family - Vericast Record Labels and Vericast Publishers for music tracking and reporting; (2) Rights Management - BackOffice for CMO/MLC royalty distribution, ReSol for digital claiming conflict resolution, Rights Tracking, and DSP Reporting for digital platform compliance; (3) Monitoring & Reporting - Reportal TV/Radio, VOD Processing, DSP Processing, and UGC Tracking. The company has also built an AI Certification program for verifying training datasets, and operates BMAT Ventures for strategic acquisitions including Director's Gear (Japan), AD Control, and MMS (Italy).

Differentiator

Problem solved

Functional benefit

Brands

• Vericast: Music tracking and reporting platform for record labels and publishers, providing real-time music usage reports from TV and radio channels worldwide.
• Reportal
• ReSol
• CUED
• AD Control

Products and services

• Music Operating System BMAT's central platform connecting all music industry players — CMOs, publishers, record labels, broadcasters, DSPs, venues, AI companies, and artists — through proprietary audio fingerprinting and metadata matching. Powers 27 billion daily matches and €1.5 billion in annual digital royalties processed.
• Vericast Record Labels AI-powered music tracking and reporting platform for record labels. Provides real-time music usage reports from 8,000+ TV and radio channels, video/audio evidence for claims, and integrates via API for workflow automation. Used by 2,000+ indie and major record labels.
• Vericast Publishers Revenue maximization platform for music publishers to find and unlock missed revenues. Monitors music usage in ads and shows across 8,000+ TV and radio channels, automates claims reports, and provides evidence for PRO audits. Used by 60+ production music publishers and major publishers including Sony/ATV, BMG, Warner Chappell, Universal Music Publishing Group.
• BackOffice Cloud-based end-to-end music rights management and royalty distribution system for CMOs and MLCs. Manages members, usages, and distributions; automates processes; compliant with CISAC standards and CRD, CWR, CAF, DDEX formats. Integrates with ISWC, IPI, and RDx databases.
• DSP Reporting Usage and royalty reporting solution for Digital Service Providers. Generates industry-standard Digital Sales Reports (DSRs) across 249 territories, reconciles claims, detects over/under-claims, and processes up to 200 million transactions monthly for 80+ DSPs globally.
• Reportal TV Automatic music usage reporting solution for TV broadcasters. Monitors channels 24/7, identifies music in programs, and generates reports for CMOs. Trusted by 55+ broadcasters across 17 territories.
• Reportal Radio Music reporting solution for radio broadcasters. Provides music usage insights, optimizes music deals, and generates automatic reports for collective management organizations. Used by 30+ radio stations globally.
• VOD Processing Video on Demand music usage tracking and royalty processing. Processes audiovisual content across 12 leading SVOD platforms in 17 territories, with a database of 10+ million audiovisual works and 1.5 million cue sheets.
• DSP Processing Digital Service Provider audio identification and processing. Works with 40+ digital music platforms to deliver processing, content identification, and reporting services.
• UGC Tracking User-generated content music tracking for platforms. Monitors and identifies music usage in user-generated content across digital platforms.
• Rights Tracking Music rights administration and tracking system providing comprehensive visibility into copyright and rights ownership using authoritative databases updated by rights holders.

Quantifiable outcome

• 27 billion music usage matches identified daily
• +4 more outcomes

Named customers17 records

Segments8 records

Ideal customer profiles7 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability13 records

Feature5 records

Partnerships

Five partnerships are on record, tiered core and major.

• MCT (Music Copyright Thailand)coreTechnology or Integration · 23 February 2026Expanded collaboration since 2020 for VOD royalty processing in APAC. MCT processes retrospective and current VOD usage through BMAT's Music Operating System. MCT at forefront of structured VOD processing in region with BMAT's 10M+ audiovisual works and 1.5M cue sheets database.
• Voice-SwapcoreStrategic or Co-development Partner · 15 May 2024Partnership to establish AI music model certification program. BMAT's audio fingerprinting technology references AI training data against 180 million audio fingerprints to verify no unauthorized copyrighted recordings are used. First step toward AI and music industry coexistence without exploiting artists and rights holders.
• MMS (Metro Media System)coreStrategic or Co-development Partner · 9 May 2024AD Control of BMAT acquired majority stake in MMS from Media Consultants. Strategic leap to amplify Italian advertising intelligence market and expand globally. United AD Control and MMS as preeminent source for Radio and TV advertising monitoring serving entire advertising ecosystem.
• RTP (Rádio e Televisão de Portugal)majorTechnology or Integration · 20 March 2024Portuguese public broadcaster partnered with BMAT to adopt Reportal for automatic music usage reporting across 4 high-rating TV channels. Replaces manual procedures with BMAT's solution used by 55+ broadcasters across 17 territories. Ensures fair compensation for artists from public TV broadcasting.
• Directors Gear (DG)coreStrategic or Co-development Partner · 1 January 2020BMAT acquired Directors Gear (DG), a division of publicly listed SIOS. DG is market leader in TV music reporting in Japan. Working with BMAT enabled DG to upgrade service offerings and ensure long-term client happiness through automation of TV music reporting.

Scale indicators19 records

Recent moves9 records

Expansion highlights6 records

Peers

• PRS for Music:

Direct peers

• Audible Magic: Direct competitor in audio fingerprinting and content identification for UGC platforms, broadcasters, and rights holders. Audible Magic serves a similar customer base with comparable fingerprinting technology and is already a BMAT partner/customer for rights management - making it both a competitor and ecosystem participant.
• Gracenote (Nielsen): Music metadata, identification, and content description provider owned by Nielsen. Competes with BMAT on broadcast music monitoring and music metadata enrichment for TV/video platforms, serving broadcasters, streaming services, and music services globally.
• Music Reports, Inc. Music rights administration and royalty processing platform serving publishers, labels, and DSPs with Digital Sales Report (DSR) processing, claims reconciliation, and music cue sheets - direct overlap with BMAT's DSP Reporting, BackOffice, and cue sheet management.

Broad incumbents

• Kobalt Music Group: Major independent music publisher and rights administrator with technology-driven royalty processing at scale. Overlaps with BMAT's publisher-facing services (Vericast, BackOffice) but Kobalt is primarily a publisher itself, not a neutral infrastructure layer.

Regional players

• SoundExchange: US-based Collective Management Organization for digital performance rights, administering statutory and direct licences for sound recordings. Comparable to BMAT's CMO-facing BackOffice but focused exclusively on the US market and sound recording rights.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCyxKIoYyVJ5rP22e2CqhNKg
• LinkedInlinkedin.com/company/bmat
• Instagraminstagram.com/bmatmusic
• Xx.com/bmat

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries3 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BMAT