HAAWK BUYS STOCK MUSIC LICENSING PLATFORM KEYFRAME AUDIO; LAUNCHES RIGHTS MANAGEMENT PORTAL, IDENTIFYY

LA-based rights management, copyright enforcement, and content monetization firm HAAWK has acquired music startup Keyframe Audio.

According to HAAWK, its acquisition Keyframe Audio enables it to expand its service offerings to the micro stock music synchronization market, which it says is a rapidly growing segment of the music industry.

For an $199 per year subscription fee, Keyframe Audio grants video producers unlimited downloads of 50,000 royalty-free stock music tracks, which can be used perpetually in YouTube, Facebook, Instagram, on the web, in advertising, television and film productions.

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