Dan Demole

Last updated
Dan Demole
Dan demole photo.jpg
Born
Daniel Paul Demole

(1979-05-07) May 7, 1979 (age 45)
Titusville, Florida
EducationUniversity of Central Florida, BS, Computer Science, 2001
Occupation Co-CEO of Slip.stream
Website www.slip.stream

Dan Demole (born 1979) is an American entrepreneur, co-founder and Co-CEO of the music company Slip.stream. He is the former co-founder and COO of Jingle Punks Music. He has been featured in Billboard , Variety, [1] and Business Week. [2]

Contents

Prior to starting his first company Jingle Punks Music, Demole worked for L-3 Communications and Electronic Arts and was a graduate of the University of Central Florida, receiving a BS degree in computer science. [3]

Jingle Punks

Dan Demole started Jingle Punks Music with musician and television editor Jared Gutstadt after meeting at a Black Keys concert in Brooklyn, New York. Within months of launching the company, they released their platform, "The Jingle Player". Developed by Demole with industry knowledge input from Gutstadt, it helped them differentiate themselves quickly from their competitors. The web-based music player was built on proprietary, patented [4] technology that provided targeted music selections for licensing purposes. With a catalog of nearly 500k songs, it forms one of the largest publishing libraries in the world. [5]

In late 2012, talent agency William Morris Endeavor acquired a majority stake [6] in Jingle Punks. [7] The company was later sold to ole Music Publishing (now Anthem Entertainment) in March 2015, [8] after growing its revenue from $5 million in 2011 to more than $18 million in 2014. [9] Demole served as the Managing Director of Jingle Punks in their Tribeca office in New York City before being promoted to Global President, Anthem Production Music Group in 2019. [10]

Slip.stream

In 2021, he founded a new music licensing business, Slip.stream, along with co-founders David Carson and Jesse Korwin. The company raised $3.25m of venture funding from Third Prime Capital, LightShed Ventures, Operator Partners, and Dash Fund. [11] Six time grammy winning artist and producer T-Pain joined the Slip.stream Advisory board and also released his collection of royalty free music, The Pizzle Pack 3, through the company in October 2021. [12]

Slip.stream raised $7.5m in May 2022 from investors Sony Music Entertainment, Third Prime, and Lightshed Ventures. [13] “We’ve long believed that the music industry was ready to explore innovative models addressing creators and streamers’ need for quality music in their content. This funding round along with our new partners is validation of this belief. It’s a win and a step in the right direction for creators and musicians everywhere," Dan was quoted as saying in Music Business Worldwide. [14]


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References

  1. ↑ "Jingle Punks at 10: How the Production Music House Turned Passion Into Profits" Variety
  2. ↑ "The Jingle Geniuses Making Millions Writing Music For Ads, Reality TV" Bloomberg Businessweek
  3. ↑ "Backpack to Boardroom" Pegasus Magazine
  4. ↑ USPTO Database: United States Patent 8,429,181
  5. ↑ "ole Becomes Primary Supplier of Production Music to Corus Entertainment" BusinessWire
  6. ↑ "Money Calling: Jingle Punks' Reality TV Fortune" Forbes
  7. ↑ "The Reality-TV Music Factory" The Wall Street Journal
  8. ↑ "ole acquires Jingle Punks" Yahoo Finance
  9. ↑ "The Jingle Geniuses Making Millions Writing Music For Ads, Reality TV" Bloomberg
  10. ↑ "" Anthem Entertainment
  11. ↑ "MUSIC LICENSING STARTUP SLIP.STREAM RAISES $3.25M" Music Business Worldwide
  12. ↑ "T-pain joins advisory board at music licensing company Slip.stream" Music Business Worldwide
  13. ↑ Eggertsen, Chris (2022-05-26). "The Deals: Slip.stream Raises $7.5M in Series A Round; AJR Signs to Mercury Records". Billboard. Retrieved 2022-06-16.
  14. ↑ "Sony Music joins $7.5m funding round for royalty-free music startup Slip.stream". Music Business Worldwide. 2022-05-26. Retrieved 2022-06-16.
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