Songtradr

Songtradr
IndustryMusic
Founded2014
FounderPaul Wiltshire
HeadquartersSanta Monica, CA, U.S.
Websitesongtradr.com

Songtradr is a music licensing platform.

History

Songtradr was founded in 2014[1] by CEO Paul Wiltshire.[2][3][4] Prior to founding the company, Wiltshire had produced or composed music for twelve different #1 albums or recordings for various artists.[5] The Songtradr licensing platform went live in 2016.[6] The company is based in Santa Monica, California[1] and in 2017 opened an office in London, UK.[7] The company raised $12 million in its Series B funding round in 2019 led by Richard White,[8] creating a total of $21.5 million of funding since its founding.[9]

Platform

Songtradr is an automated music licensing marketplace, which as of 2019 had 400,000 artists using the platform in about 190 countries.[10] Songs represented on the platform are licensed by companies for their advertisements, films, and television content,[11] and recordings are searchable through the Songtradr database.[12] Artists upload their music to the platform without charge, and set their own licensing fees.[13] As of 2019, Songtradr was the largest music licensing platform in the world.[2]

Acquisitions

In 2019 Songtradr acquired the creative licensing agency Big Sync Music.[11]

gollark: Why would you want two piholes?
gollark: <@252242879257247751> Wild guess: a loose cable?
gollark: Or ARM or something.
gollark: 32 bit? Must be ancient.
gollark: You may be able to run the storage on a potato, but it'll be hard.

References
  1. "When musicians want their songs in TV shows, movies and streaming sites, they go here". Los Angeles Times. August 22, 2017.
  2. "Aussie owned Songtradr acquires London-based Big Sync Music". February 20, 2019.
  3. Auerbach, Brad. "Musicians Now Have The Option Of Creating A Digital Tip Jar, All Hail Songtradr". Forbes.
  4. "Songtradr Raises $4 Million in Series A Funding Round | Los Angeles Business Journal". labusinessjournal.com.
  5. "Are the major labels in danger of turning music streaming into a monopoly owned by Apple?". Music Business Worldwide. February 19, 2017.
  6. River, Samuel. "The Book Revolution: How the Book Industry is Changing & What Should Publishers, Authors and Distributors Know about Trends Driving the Future of Publishing". 22 Lions. p. 21 – via Google Books.
  7. "Executive Turntable: Moves at RCA, BGM Production Music, Songtradr & More". Billboard.
  8. "Songtradr raises $12m funding round for global expansion - Music Ally".
  9. "Daily funding roundup - March 22nd, 2019". VatorNews. March 23, 2019.
  10. "Songtradr neemt muzieklicentiebedrijf Big Sync Music over" (in Dutch). February 20, 2019.
  11. "'It creates an unparalleled music licensing solution': Songtradr acquires Big Sync Music agency". www.musicweek.com.
  12. Chertkow, Randy; Feehan, Jason (September 4, 2018). "Making Money with Music: Generate Over 100 Revenue Streams, Grow Your Fan Base, and Thrive in Today's Music Environment". St. Martin's Griffin – via Google Books.
  13. "How To Release A Digital Album With Just A Few Hundred Dollars". June 16, 2016.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.