December 9, 2018 - Axispoint signed a Memorandum of Understanding to indicate their commitment to the Open Music Initiative, whose mission is to use technology to provide accuracy and transparency to how music rights owners are identified and compensated. The members represent an unprecedented cross-industry collaboration between creators, entrepreneurs, academic, music business, technology and policy leaders to resolve longstanding media rights issues. Axispoint has been building technology for music companies for over 20 years and has deep industry expertise, particularly with music rights and royalties. Royalty payments have been a long-standing issue that’s only been amplified due to the shift to digital streaming and Axispoint is uniquely qualified to help solve the problem in partnership with the Open Music Initiative.