We’re thrilled to announce that Music Magnet, alongside partners BMAT Music Innovators, Gigmit, and Dengun, has secured significant Eurostars-3 funding (Project 6256) for Auditio – our groundbreaking music monitoring and royalty distribution platform.

What Auditio Means for the European Music Ecosystem

Auditio represents a major leap forward in how music is tracked, reported, and monetized across venues, retail outlets, and the hospitality sector. As a key partner in this consortium, Music Magnet will enhance our specialized hardware and firmware solutions to improve Auditio’s scalability and market reach throughout Europe.

The platform will deliver:

• Real-time music identification that accurately captures everything from background music to live performances and DJ sets
• Advanced reporting tools that streamline licensing compliance with local CMOs
• Data-powered recommendations providing valuable audience insights and music selection guidance
• Fairer royalty distribution ensuring artists receive proper compensation for their work

How Auditio Will Transform Your Business

For Music Venues and Clubs

Imagine having access to real-time analytics about every track played in your venue, combined with audience response data and trending recommendations. Auditio will provide comprehensive insights that help you book the right talent, curate better musical experiences, and comply effortlessly with licensing requirements.

For Festival Organizers

With Auditio, you’ll gain unprecedented visibility into performance data across multiple stages, helping you make more informed booking decisions for future events while ensuring proper artist compensation.

For Retail and Hospitality

Enhance your customer experience with data-driven music curation that aligns perfectly with your brand identity and customer preferences, all while maintaining complete licensing compliance.

Music Magnet’s Crucial Role

Our team is developing the enhanced music collection hardware and firmware that makes large-scale monitoring possible and cost-effective. This technology allows Auditio to be deployed across venues of all sizes – from intimate clubs to major festivals – creating a comprehensive music monitoring network throughout Europe.

Timeline and Next Steps

The Auditio platform will reach Technology Readiness Level 6 within the project timeline, with commercial launch planned within 12 months after project completion. We’re already working closely with partners across France, Spain, Italy, Germany, Belgium, Switzerland, and the Czech Republic to prepare for initial deployment.

Stay tuned for updates as we progress with development. We’ll be sharing technical insights, partnership opportunities, and early access information in the coming months.

About the Partnership

Auditio is being developed by a consortium of European music tech leaders:

• Music Magnet: Enhancing music collection hardware and firmware for improved scalability and market reach
• BMAT Music Innovators: Refining music identification and reporting for live performances and DJ sets
• Gigmit: Integrating music usage data into live music booking and brand partnership services
• Dengun: Developing the data-powered user platform with optimized UX/UI and GDPR compliance

For more information about joining our early adopter program, contact us at contactus [at] musicmagnet.com

Auditio is a project funded by the Eurostars-3 program under the European Union’s Horizon Europe research and innovation program and national funding bodies from participating countries.