US startup MusikPitch aims to connect songwriters with clients looking for custom music. It’s structured around ‘contests’ where clients specify their requirements, including song length, genre and budget, and then songwriters have 14 days to submit their tracks for review. The subsequent role of MusikPitch is interesting though: once clients choose a winning track, MusikPitch takes full rights to it and then licenses it to them, although it is apparently flexible in cases where that model is unacceptable. Source: VentureBeat

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