ADA Music Acquires RSDL.io, Boosts Music Royalty Management Solutions for Independent Artists
ADA, Warner Music Group's independent music distribution and artist services division, has acquired music tech startup RSDL.io, a platform that streamlines revenue management for artists and labels.
Ada acquires RSDlio wallet
RSDL.io offers automated accounting solutions and consolidates multiple revenue streams into a simplified dashboard. The platform's key features include:
- Automated payment processing
- Split and recoupment management
- Multi-level artist payout functionality
- Comprehensive financial insights
- Digital wallet integration
Cat Kreidlich, ADA President, emphasizes that "RSDL.io's state-of-the-art technology directly addresses the complex needs of independent artists and labels," noting that the integration will enhance their global partner solutions.
Founded by Mike Holmes, Jim Sella, Bill Sella, and Shep Goodman, RSDL.io combines enterprise-level technology with modern music industry requirements. Following the acquisition:
- Mike Holmes joins the WMG tech team to lead RSDL.io product solutions
- Jim Sella (Founder & CTO) will oversee platform integration and feature development
- The platform will be integrated into ADA's ecosystem with expanded capabilities
The digital wallet solution enables artists to:
- Manage rights and finances centrally
- Track incoming revenue streams
- Handle royalty splits transparently
- Access business insights
- Automate royalty collection and accounting
This acquisition streamlines the financial management process for independent artists, allowing them to focus on career growth rather than administrative tasks.
Music market share in EU countries
Rod Stewart points up in Vegas