Introduction to Tuned Global’s Acquisition
Tuned Global, a leading music and media technology platform, has announced the acquisition of Figaro.ai, a London-based audio-AI company known for making music catalogues smarter and more discoverable. The acquisition underscores Tuned Global’s commitment to shaping the future of the music industry by empowering clients with innovative technology and unmatched execution, while continuing to support existing Figaro.ai customers.
About the Acquisition
The acquisition advances Tuned Global’s strategy to be the cloud platform that clients build on to innovate. By bringing Figaro.ai into its partner-friendly platform, Tuned Global is enhancing its platform with AI innovation to deliver practical outcomes for customers: faster innovation, greater engagement and measurable business impact. “With Figaro.ai, Tuned Global cements its position as the most comprehensive music platform, where innovation across AI, fraud detection, rights management, search and recommendations can be built,” said Tuned Global CEO Con Raso.
Strategic Move
This move is about using technology to improve client outcomes and deliver value for the wider industry. It follows Tuned Global’s earlier acquisition of Pacemaker, known for pioneering AI-powered mixing technology, and reflects a clear strategy: acquiring companies whose innovation and IP help clients and the industry build the future of music technology and streaming. Integrating Figaro.ai strengthens Tuned Global’s ability to power premium, highly relevant music experiences at scale.
Impact on Clients and Industry
Tuned Global remains an open ecosystem, with Figaro.ai integrated as another component in a broader platform. It will operate as an integrated but distinct component within Tuned Global’s broader platform, complementing existing partners and expanding client options. Current Figaro.ai clients will continue to be supported, backed by Tuned Global’s global reach, infrastructure and long-term commitment. The Figaro.ai team, including founders Lydia Gregory and Kevin Webster, will be integrated within Tuned Global, ensuring continuity for existing customers and adding deep AI expertise to accelerate the company’s roadmap.
Reaction from CEOs
Tuned Global CEO Con Raso said he was thrilled to welcome the deeply skilled Figaro.ai team into the fold. “At Tuned Global, we see ourselves as the hub where innovation in music technology takes shape. We are building the largest open ecosystem of AI music intelligence, giving our clients maximum choice and real impact for the music industry,” he said. Figaro.ai CEO and Co-founder Lydia Gregory said she was excited to join Tuned Global and amplify the impact of her company’s objectives. “Figaro.ai has always been about combining deep technical expertise with a passion for music discovery. I’m incredibly proud of the team that built this technology, and I’m thrilled that they are joining me as part of Tuned Global,” she said.
About Tuned Global and Figaro.ai
Tuned Global is the leading data-driven cloud and software platform that empowers businesses to integrate commercial music into their apps or launch complete streaming experiences using advanced APIs, real-time analytics, licensing solutions, and customisable white-label apps. Figaro.ai is the audio intelligence platform for music search, tagging and content detection – powering smarter discovery and content management across sync, DSPs, UGC, and distribution.
Conclusion
The acquisition of Figaro.ai by Tuned Global marks a significant step in the music industry’s evolution, combining innovative AI technology with a comprehensive music platform. This move is expected to deliver faster innovation, greater engagement, and measurable business impact for clients, while supporting the growth of the music industry as a whole.
FAQs
- Q: What is the significance of Tuned Global’s acquisition of Figaro.ai?
- A: The acquisition enhances Tuned Global’s platform with AI innovation, delivering practical outcomes for customers and strengthening its position as a comprehensive music platform.
- Q: How will current Figaro.ai clients be affected?
- A: Current Figaro.ai clients will continue to be supported, backed by Tuned Global’s global reach, infrastructure, and long-term commitment.
- Q: What does this acquisition mean for the future of music technology and streaming?
- A: It reflects a clear strategy by Tuned Global to acquire companies whose innovation and IP help clients and the industry build the future of music technology and streaming, aiming to deliver more relevant, premium, and engaging music experiences.
