ADA, the global independent music distribution and artist services arm of Warner Music Group, has acquired music-tech start-up RSDL.io. 

The tool provides automated accounting and a simplified view of multiple revenue streams, helping artists and labels to efficiently manage their business. 

Terms of the deal were not disclosed.

Cat Kreidich, president, ADA, said: "RSDL.io’s state-of-the-art technology directly addresses the complex needs of independent artists and labels. Integrating this platform into our company’s network advances our ability to deliver practical solutions to our partners across the globe." 

The company was founded by technology executives Mike Holmes, Jim Sella, and Bill Sella (both formerly Cisco), and music industry veterans Alex Brahl (S7 Management) and Shep Goodman (writer & producer).

RSDL.io facilitates payments, manages splits and recoupments, and allows for multi-level artist and contributor payout functionality and insights.

Mike Holmes (founder & CEO) will join the Warner Music tech team leading product solutions for RSDL.io, alongside Bill Sella (founder & CTO), who will play a key role in integrating the application into the ADA ecosystem and adding a new roadmap of features. 

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