Tag: epidemic sound

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Epidemic Sound revenues grew in 2019; so did operating losses

Swedish production music company Epidemic Sound saw its revenues grow by 66% to SEK 375.3m (around $42.1m) in 2019, but the company's operating losses grew by 152% to SEK 206.7m ($23.2m) according to its financial results. MBW...
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Musician bodies team up to attack Epidemic Sound again

Production library Epidemic Sound is taking flak from musician bodies again, in what’s becoming a regular, one-sided war of words. European bodies Aepo-Artis, Ecsa and FIM, who represent composers, songwriters and performers,...
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Beatleap video-editing app includes Epidemic Sound music

Lightricks is the developer behind popular photo and video editing apps like Facetune and Videoleap, with more than 350m downloads so far. Now it's launching a new creativity app with a music twist. It's called Beatleap,...
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UK musician bodies criticise Epidemic Sound / Adobe deal

In June, creative-software company Adobe announced the launch of a library of royalty-free music and audio with partners Epidemic Sound and Jamendo. Now two bodies representing musicians in the UK have attacked one of those...
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Epidemic Sound says its music gets 1.5bn daily YouTube views

Remember the great ‘Fake Artists‘ controversy of 2017? It emerged that some previously-unknown artists doing well on Spotify weren’t fakes: they were musicians signed to production music firm Epidemic Sound....
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Epidemic Sound lays off 19% of staff in ‘realignment’ of business

Production music firm Epidemic Sound is making 79 of its 419 staff redundant, although the company says that this is not the result of a drop in revenues. The majority of the layoffs have come from its sales department,...
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European songwriters body ECSA attacks Epidemic Sound

Swedish production-music firm Epidemic Sound is under fire again, but this time the focus isn’t on Spotify or so-called ‘fake artists’, but rather its original business of providing music for TV shows. The attacker...
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Epidemic Sound plans US push under former Spotify exec

Swedish music company Epidemic Sound is planning a new push in North America, under the leadership of Kate Vale, who’s just been appointed as the company’s managing director of North America. Vale was previously Google’s...
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Epidemic Sound raises $20m and prepares for Asia expansion

Production-music firm Epidemic Sound has raised a $20m funding round, which the company says will fuel its expansion to Asia. The round includes equity funding from Korean investor DS Asset Management, and debt funding from...
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Music-streaming trends, from A&R to global/local evolution

At today’s Midem conference in Cannes, a pair of afternoon sessions at the event’s ‘Streaming Summit’ focused on some of the evolving trends around the music-streaming world. The first explored the question of...
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Epidemic Sound launches artist-development scheme Break.Through

Swedish music company Epidemic Sound is launching a new program called Break.Through, which it claims will empower independent musicians in new ways. It’s a claim certain to raise eyebrows in some parts of the music...
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Investment fund EQT takes 40% stake in Epidemic Sound

Swedish alternative-investments firm EQT has taken a 40% stake in production-music company Epidemic Sound, whose CEO Oscar Höglund we interviewed earlier this week about this summer’s ‘fake artists’ controversy. The...