Tag: epidemic sound
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...
October 7, 2020
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,...
September 24, 2020
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,...
September 17, 2020
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...
July 8, 2020
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....
May 28, 2020
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,...
May 12, 2020
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...
December 18, 2019
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...
November 27, 2019
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...
July 1, 2019
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...
June 5, 2018
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...
May 11, 2018
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...
November 22, 2017