Audiomack and Beatdapp Partner to Combat Streaming Fraud

Music streaming and discovery platform Audiomack has partnered with anti-fraud detection company Beatdapp to combat streaming fraud across the Audiomack platform.

Why it matters:

• As per Beatdapp, DSPs estimate that at least 10% of their streams are fraudulent.

• Music Business Worldwide reports streaming fraud costs artists and labels around $2 billion per year.

   

The deal:

• Audiomack, which reports 40 million monthly users, has engaged Beatdapp to provide third-party analysis to eliminate streaming fraud on its platform.

• As per the press release, “Beatdapp will remove fraudulent streams from sales reports, identify compromised user accounts, detect bots and help inform editorial decisions, including inclusion on internal and external charts and algorithmically created playlists.”

• Audiomack joins Beatport, The Mechanical Licensing Collective and Tuned Global in using Beatdapp.

  
  

What they said:

• Beatdapp Co-CEO Morgan Hayduk: “By leveraging best-in-class trust and safety solutions, our technology empowers Audiomack to combat fraud effectively, ensuring confidence in their royalty payouts, charts, and editorial recommendations.”