LOS ANGELES, CA – FEBRUARY 6, 2024 – Today, Luminate, the entertainment industry’s most essential data partner, announced its acquisition of Quansic, a leader in global music artist identification services. Quansic, an international company operating out of France, maintains the world’s largest artist identification database which includes over 2.5 million ISNIs (artist identifiers) and 200 million asset identifiers. The deal was made as part of Luminate’s continued efforts to unify data for the entertainment industry, and more specifically due to Quansic’s expertise in the harmonization of metadata across record labels, streaming platforms, song publishers and artist services within the music ecosystem.
Effective immediately, Quansic’s team will join Luminate, remaining under founder and chief scientist FX Nuttall. Nuttall, who has 20+ years of success constructing solutions to metadata discrepancies within music, most recently at YouTube, will report directly to Luminate CEO Rob Jonas.
Speaking on the announcement, 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.”
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.”
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 have the option to access Luminate’s industry-leading 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.
Luminate is the preeminent entertainment data and insights company, unleashing access to the most essential, objective, and trustworthy information across music, film and television, with data compiled from hundreds of verified sources. Today, the company maintains its more than 30-year legacy of accurate storytelling by powering the iconic Billboard music charts, while also acting as the premiere database for the television and film industries. Working closely with record labels, artists, studios, production companies, networks, tech companies, and more, Luminate offers the most valued source of comprehensive, independent, and foundational entertainment data that drives industry forward. Luminate is an independently operated company and a subsidiary of PME TopCo., a joint venture between Penske Media Corporation and Eldridge.
Jimmy Harney, email@example.com
Q: What is Quansic’s offering?
A: Quansic maintains the world’s largest artist identification database which includes over 2.5 million ISNIs (artist identifiers) and 200 million asset identifiers. They offer advanced catalog clean-up and matching for more accurate processing and payment.
Q: How big is the Quansic team?
A: Quansic is 4 people, including FX Nuttall, their CEO. They are based in France and all work remotely.
Q: How large is Quansic’s business?
A: The size of Quansic’s business is not shared.
Q: Who are their customers?
A: Music labels, distributors, publishers, and digital streaming providers looking to improve catalog matching for improved UX, royalty processing and overall catalog valuation & management.
Q: Will the team be integrated into Luminate?
No, Quansic will continue to operate as a standalone team for the short- to medium-term. FX will report to Luminate’s CEO.
Q: What were the terms of this deal?
A: The terms of this transaction are not shared.
Q: What does it mean to me as a Luminate customer?
A: Business as usual for current Luminate customers. Eventually, Quansic’s metadata management and enhanced data will be incorporated into Luminate’s platform.
Q: How do I learn more about Quansic’s services?
A: Quansic’s metadata will soon be incorporated into Luminate’s platform. Contact us here if you are interested in learning more about Quansic’s catalog matching and management services.