![]() | |
Industry | Music |
---|---|
Founded | 2014 |
Founders | Paul Wiltshire, Helge Steffen |
Headquarters | Santa Monica, California, U.S. |
Website | songtradr |
Songtradr is an American B2B music platform that helps to facilitate brands, content creators, and digital platforms in their use of music for licensing purposes. As of 2019 [update] , Songtradr was the largest music licensing platform in the world. [1]
The platform offers products that can assist agencies, artists, and labels in the finding, licensing, and managing of music across various formats. [2]
Songtradr is an automated music licensing marketplace. As of 2019 [update] it was the marketplace for the work of 400,000 artists across 190 countries. [3] Songs represented on the platform are licensed by companies for advertisements, films, and television content, [4] and recordings are searchable through the Songtradr database. [5] Artists can upload their music to the platform and set licensing fees. [6]
In 2019, Songtradr acquired the creative licensing agency Big Sync Music. [4] In 2020, Songtradr acquired Cuesongs, which was originally founded by singer-songwriter Peter Gabriel. [7] In 2022 Cuesongs and Big Sync Music were merged. [8]
In 2020, Songtradr announced it had invested AUS $1.42 million (approximately US $1.03m) in Jaxsta. [9] This was followed up by a further AUS $3 million investment in April, 2022. [10]
In March 2021, Songtradr acquired Song Zu, a sound design company with studios in Sydney and Singapore. [11] In April, Songtradr acquired the music streaming platforms Pretzel [12] and Tunefind. [13]
In June 2021, Songtradr acquired MassiveMusic. [14] The Music Network reported that "the new deal will see MassiveMusic’s bespoke creative and strategic offerings integrated within Songtradr, giving brands and agencies access to a host of tech-enabled music licensing and sonic branding services under the same roof." [15]
In July 2022, Songtradr acquired music metadata company Musicube. [16]
In March 2023, Songtradr acquired London-headquartered B2B music company 7digital for £19.4 million (USD $23.4m). [17]
In September 2023, Epic Games announced it was selling album-sales platform Bandcamp to Songtradr for an undisclosed amount. In October, after the acquisition, Bandcamp fired approximately half of its staff. [18] [19] [20]