Warner Music Acquires Revelator Music Platform
Warner Music said it entered into an agreement to acquire Revelator, a business-to-business music platform that serves the independent business. The transaction is expected to close next quarter. The company said, "Formed in 2012, Revelator specializes in digital music distribution, rights management, royalty accounting, and real-time analytics, and its integration with WMG post-closing will transform the suite of services that WMG labels and ADA offer to artists and the independent community, while scaling WMG's reach."