Sony Music joins $7.5m funding spherical for royalty-free music startup Slip.stream


Royalty-free music startup Slip.Stream has secured $7.5 million in Collection A funding from buyers together with Sony Music Leisure, Third Prime and Lightshade Ventures.

Slip.stream says it would work with Sony Music to discover new “premium music alternatives” for Sony Music artists throughout the Slip.stream platform.

Slip.stream, which was described as a “producer protected music platform”, was created by David Carson (Fuse, Heavy.com, New Stand founder), Dan Demol (Jingle Punks founder) and Jesse Corwin (Jingle Punks CMO). was launched by entrepreneurs.

The platform presents a copyright strike protected library of over 50,000 tracks and 40,000 sound results, which it calls “actual music from actual artists”.

Along with elevating funding, Slip.Stream has added Anthony Pisano from Gameover Expertise and FaZe Blaze from FaZe Clan to its advisory board.

Blaise and Pisano be part of a board that already counts main business figures, together with T-Ache, amongst its members.

Slip.stream says the brand new capital accelerates its mission as “the go-to platform for creators and streamers who want music for his or her content material.”

The newest funding spherical provides to the startup’s earlier seed funding spherical of $3.25 million in 2021, bringing the overall to $10.75 million.

With the brand new funding, Slip.Stream says it would additional develop its platform, develop its staff, add new content material partnerships, and strengthen its catalog by opening up its platform to extra musicians.

Slip.stream claims to draw over 100,000 creators to its platform. The corporate additional claims that it “represents a attain of over 500 million viewers, with the live-streaming and gaming communities representing a good portion of this viewers”.

Within the coming months, the corporate plans to launch a brand new service for musicians to make their music accessible to Slip.stream’s creator user-base. The service is at the moment in beta and accessible through invitation solely on slip.stream’s web site.

Slip.stream lately added three digital media giants to its staff. Chris McDonald, previously of United Masters and Epidemic Sounds, will lead enterprise improvement as SVP.

Shan Huang, most lately at Casper, will oversee the event advertising efforts of Slip.Stream and Michael Feldman, supervisor of Fortnite Celebrity Clix, will drive the corporate’s expertise and influential relationships.

Elsewhere, music business veteran Anthony Martini stepped down from his function as CEO of Royalty Change in December to affix Slip.stream as chief music officer and accomplice.

Slip.stream additionally named Grammy-award successful artist and producer T-Ache as an advisor.

“We assist Slip.Stream’s imaginative and prescient of making mutually helpful methods for artists and the producer neighborhood to work collectively that ship new recurring income streams and expanded attain for artists.”

Dennis Cooker, Sony Music Leisure

Dennis Cooker, President, World Digital Enterprise, Sony Music Leisure, stated: “We assist Slip.stream’s imaginative and prescient of making mutually helpful methods for the artists and producer neighborhood to work collectively that ship new recurring income streams. and supply prolonged entry to artists.

“Their management staff has expertise in music, and an understanding and respect for the wants of artists on this growing area. We sit up for partnering with them to develop progressive alternatives for excellent music to flourish in additional use instances.” Let’s hope.”

“We’re positioning ourselves on a nexus of the music, gaming and streaming producer communities which are main the tradition.”

Jesse Corwin, slip.stream

Slip.stream’s CMO, Jesse Corwin, stated: “We’re positioning ourselves on a nexus of the music, gaming and streaming creator communities who’re main the tradition.

“A giant a part of our mission is to supply prime quality music for these creators to securely combine into their content material whereas supporting the work of artists.”

“We now have lengthy believed that the music business was able to discover progressive fashions addressing the necessity for creators and streamers to have high quality music of their content material.”

Dan Demole, slip.stream

Dan Demole, Co-CEO of Slip.Stream, stated: “We now have lengthy believed that the music business was able to discover progressive fashions addressing the necessity for creators and streamers to have high quality music of their content material.

“This funding spherical with our new companions is an affirmation of that perception. It is a win for creators and musicians all over the place and a step in the proper course.”

“This funding will enable us to discover new partnerships and add extra unique music content material to supply an immersive expertise for our customers.”

slip.stream

David Carson, Co-CEO of Slip.stream, stated: “Artists, labels and types are opening as much as new fashions that harness the facility of the maker universe and we have now been lucky sufficient to work with pioneers within the area like T Have completed. -Ache and riot.

“This funding will enable us to discover new partnerships and add extra unique music content material to supply an immersive expertise for our customers.”worldwide music enterprise



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