The Source of Truth for Music Earnings.

AI-powered royalty analytics for leading funds and the entire music industry.

Introducing our flagship product,Baltazar

Agentic royalty analytics that turns statements into decisions.

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What did we earn in 2024?
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Earnings, last 12 months
$397,578
Earned in 2024
$381,292
Statements
22
Earnings by year
2020
2021
2022
2023
2024

Leveraged by established music funds,
global investment banks, and world-renowned
creators.

€100M of earnings is processed
by our system every week.

Shot Tower CapitalRedBricks

"A lot of us don't know our true worth... Now we can actually see what the value is that we really have."

Rodney "Darkchild" Jerkins

Record producer for Michael Jackson,
Whitney Houston, Beyoncé, and more.

Latest article

Inside Baltazar, the New AI-Powered Music Valuation Platform: 'Bloomberg Terminal for Music Assets'

Our vision

We are building the source of truth for music earnings.

Music is a $1 trillion asset class generating over $100 billion a year. Yet there is no reliable source of truth for what it earns.

We launched a marketplace for music rights in 2022 and learned the hard way why one did not exist. Nobody could read what a song actually earned. Every payor reports in its own format, and the people who own the music piece it together by hand. We built the technology to read it all, and Baltazar is the first product on it.

Our vision is a place where every royalty, from every source, is read the same way, so a catalog can be understood, valued and traded with the same confidence as a stock or a building. First for the funds and companies that buy music. Then for everyone who earns from it.

The Chapter Two team

Built in Stockholm, Sweden.