Synchtank Taps AudioShake to Unlock Catalog Value Through AI
Synchtank, the leading provider of asset, rights and royalty software for the music industry, and AudioShake, the entertainment industry’s leading sound separation solution, today announced an innovative new partnership that promises to unlock more catalog revenue.
AI is poised to transform the music industry. But as generative AI continues to dominate the narrative, the enormous potential for wider AI technologies to unlock new value from the industry’s untapped goldmine of legacy content often gets lost in the noise.
The partnership enables Synchtank users to create the highest quality AudioShake stems seamlessly within their workflows, driving efficiency and opening up entirely new revenue opportunities across sync, remixing, immersive mixing, fan engagement, and more. By combining asset enhancement with comprehensive asset management and monetization at scale, it empowers Synchtank’s customers with a distinct competitive edge.
Stem separation also supercharges Synchtank’s end-to-end sync workflow management, facilitating asset creation in addition to pitching, tracking sync opportunities, and automating quotes, licenses, and invoices. With most sync teams unable to fulfill 30-50% of inbound requests because they don’t have instrumentals, AudioShake is a game-changing integration for generating lucrative sync income.
“We’re delighted to partner with state-of-the-art platform AudioShake and align on their vision to accelerate value for rights holders using ethical AI.”
– Amy Hegarty, CEO, Synchtank
Synchtank CEO Amy Hegarty said: “Our number one priority is to provide our customers with cutting-edge solutions that drive efficiency and revenue. We’re delighted to partner with state-of-the-art platform AudioShake and align on their vision to accelerate value for rights holders using ethical AI.”
“Partnering with Synchtank allows us to bring high-quality sound separation directly into the workflow of rightsholders globally.”
– Jessica Powell, CEO and co-founder, AudioShake
Co-founder and CEO of AudioShake Jessica Powell said: “Sync deals move fast, and in this industry it’s critical for artists and labels to act quickly. AI stems help prevent rightsholders from missing out on opportunities and revenue in sync, marketing, or fan engagement. Partnering with Synchtank allows us to bring high-quality sound separation directly into the workflow of rightsholders globally.”
About Synchtank:
Synchtank provides cutting-edge SaaS solutions specifically designed to simplify and streamline your asset and rights management needs. Its mission is to improve efficiencies across digital entertainment with a powerful suite of solutions for record labels, music publishers, production music libraries, broadcasters, networks, and studios.
About AudioShake:
AudioShake is the industry leader in automatic stem separation and lyric transcription. Recognized by TIME as one of the Best Inventions of 2023 and part of the Disney Accelerator program, AudioShake’s state-of-the-art models can separate any piece of audio into its components to make it interactive, editable, and accessible.