Audiam Secures $2 Million Funding From Jason Mraz, Jimmy Buffett, Brett Gurewitz (Epitaph Records Owner/Bad Religion Founder), Bill Silva (Promoter/Manager) And Others
Capital Will Be Used to Extend Leadership Position; Build Additional “Big Data” Technologies to Increase Revenue for Its Customers
Participating Artists To Pay YouTube Creators All Money Due From Views Occurring In February 2014
NEW YORK, MARCH 4, 2014 – Audiam (www.audiam.com), launched mid-2013 to get music publishers, labels and artists paid for the use of their music in YouTube, has secured $2 million in funding from a strategic group of investors, including:
Jason Mraz http://jasonmraz.com (Grammy award winning multi-platinum selling Artist/Songwriter)
Brett Gurewitz (founder/owner of Epitaph www.epitaph.com and Anti- www.anti.com Records. Co-Founder of and songwriter for Bad Religion)
Jimmy Buffett www.margaritaville.com (multi-platinum selling Artist/Songwriter, entrepreneur, writer and songwriter)
Bill Silva www.billsilvaentertainment.com (manager, concert promoter, music publisher)
GSO Business Group www.gsogroup.com(top business L.A.-based management firm specializing in music, film/television and sports Industries)
Jonathan Siegel www.crunchbase.com/person/jonathan-siegel (software engineer and leading advisor to mobile and cloud companies)
David Willen (author and recognized leader in cloud architecture, CTO Barnes&Noble.com, CTO TheStreet.com, software architect Dun & Bradstreet)
Scott Schreer (multiple BMI-award winning composer, CEO global digital music fingerprinting company TuneSat, NFL on Fox Composer/Producer)
In just the last seven months, Audiam has combined its unique understanding of music copyright and proprietary cutting edge technology to establish itself as the leader in getting copyright holders paid for the use of their music on YouTube.
Audiam's got a value proposition where everyone wins: the user at home posting videos, the songwriter, the recording artist, the fan, YouTube, everyone. Their combination of copyright knowledge and tech capability puts them in a class of their own. It’s why we use them and why I invested in them. – Brett Gurewitz, founder and CEO, Epitaph, Anti- Records, Bad Religion
We at GSO have decided to invest in Audiam after Audiam produced quantifiable results for our clients and others who signed up for their service. We believe that Audiam's deep understanding of music copyright combined with their knowledge and track history of building the right technology systems have created a powerful and unique system that tremendously benefits our clients and the entire music industry. - Bernie Gudvi, GSO Business Management
It’s rare to meet an expert in DRM or even music bit rates and even more rare to meet an expert in royalty rights and royalty rates. I’ve had the pleasure of seeing Jeff [Price] redefine the digital music industry—sharing a vision that was a decade ahead of the market—and delivering the dominant player when the market arrived. Jeff pairs his understanding of musician’s desires and ecosystem actors, underpinned with a drumbeat of technology, to deliver value. – Jonathan Siegel, serial entrepreneur
Big data is the application of advanced technology to find actionable knowledge and insights from the very large data sets present in any business. I have had the opportunity to apply big data concept with great success in such varied industries as retail, financial services and social networking, but only Jeff Price has the vision to apply it to the world of music copyright. I am incredibly excited to be a part of his new venture. – David Willen, Founder/CTO Audiam, technology leader and author
YouTube is a sponge, which if squeezed correctly, rains money. The challenge is to create a cutting-edge, first-of-its-kind technology system built for the new digital music industry that can be applied to the analog world of antiquated, complex and confusing copyright. With these systems in place, the right people and copyright holders get paid more money more quickly, with as much transparency and efficiency as possible. We work to serve the artist, songwriter, musician, label and copyright holder and get them paid in the new digital model. This is what we do, and we do it better than anyone else in the world. – Jeff Price, Founder/CEO Audiam
Audiam now represents a catalog of over 100,000 songs, including some of the most valuable and beloved in the world. These include works written or performed by Jason Mraz, Dolly Parton, Pink Floyd, Daft Punk, NWA, Magnetic Fields, Irving Berlin, Elvis Presley, Tori Amos, Rodgers and Hammerstein, Superchunk, Herbie Hancock, Pretty Lights, Puscifer, A Perfect Circle, Phil Collins, Graham Nash, Kayne West, 50 Cent, Bone Thugs and Harmony, Aimee Mann, Grizzly Bear, Genesis, Paul McCartney, Frank Sinatra, Eminem, Kenny Chesney, Lady Antebellum, Miranda Lambert, Yelawolf and thousands more.
Audiam’s clients includes independent artists as well as some of the most important music copyright holders in the world, such as Imagem (the world's largest independent music publisher, representing Pink Floyd, Daft Punk, Rodgers and Hammerstein, Mötley Crüe and thousands more), Velvet Apple (Dolly Parton’s music publishing catalog), Coral Reefer (Jimmy Buffet’s music publishing catalog), Ruthless Attack Muzick (NWA’s music publishing catalog) and many more.
Partial list of Audiam clients:
Imagem www.imagem.com (The world's largest indie publisher: includes the music publishing catalogs of Pink Floyd, Genesis, Daft Punk, Rodgers and Hammerstein, Irving Berlin, Mötley Crüe, Boosey & Hawkes, Elvis Presley and thousands more)
Velvet Apple (Dolly Parton music publishing catalog)
Leaving Hope Music/Form and Texture/Cloud Covers (Trent Reznor publishing catalog)
Coral Reefer (Jimmy Buffet music publishing catalog)
Ruthless Attack Muzick (NWA music publishing catalog)
Sword and Stone (Tori Amos music publishing catalog)
Aimee Mann Publishing
Nash Notes (Graham Nash music publishing catalog)
Dollarz ‘N Sense Muzick (Bone Thugs and Harmony music publishing catalog)
SyVy Publishing (Steve Vai music publishing catalog)
Hancock Publishing (Herbie Hancock music publishing catalog)
Silva Tone Music Publishing (Neon Lights and more)
Dandy Warhol Music (The Dandy Warhols)
8 Minutes 20 Seconds (Pretty Lights music publishing catalog)
Mothership Music Publishing (Zedd, Bonnie Tyler and many more)
Bluewater Music Services Corp. http://bluewatermusic.com (Rodney Carrington, Cross Canadian Ragweed, Willie D of the Geto Boys and many more)
House Of Hassle Publishing http://houseofhassle.com (Grizzly Bear, Magnetic Fields, Superchunk, Galaxie 500, Crooked Fingers, Damon and Naomi, Clap Your Hands Say Yeah, Red House Painters, Mates of State and more)
Fig Music Publishing (Bad Religion, The Menzingers, Falling in Reverse, Every Time I Die, Escape the Fate and many more)
Audiam co-founder and CEO Jeff Price will be speaking at this SXSW panel:
“Thank You for Letting Us Take Your Money”http://schedule.sxsw.com/2014/events/event_MP22563
March 12, 2014
Start Time: 12:30 PM, End Time: 1:30 PM
Room 12AB, Austin Convention Center
Audiam (www.audiam.com) makes money for artists every time their music is used on YouTube. It uses a unique proprietary technology combined with music copyright expertise to:
• Deliver the correct compositions and/or masters "ownership" and metadata to YouTube for copyright holders.
• Stop the wrong entities from "owning" masters/compositions within YouTube
• Identify videos in YouTube using masters and/or compositions without a license through a combination of YouTube's technology, Audiam's technology and manual labor
• Authorize YouTube to place ads on third party videos (i.e. UGC) using masters and/or compositions from Audiam’s clients
• Collect and administer the copyright holder’s portion of the ad money back to them
• Provide an optional service allowing copyright holders to incentivize others to use their music in their YouTube videos, thereby generating more ad money.
And many more
Anyone that controls the rights to a master, composition or both can use the Audiam service by going to Audiam.com. There is no up-front cost. Audiam’s clients are artists, music publishers and labels: anyone who controls the master, the composition, or both. In partnership with DistroKid (www.distrokid.com), Audiam also offers a music distribution service to leading download and streaming services, where artists keep their rights and get 100% of the money from the sale or use of their music.
About Jason Mraz
Jason Mraz has quietly amassed a youthful, diverse, and vibrant fan-base throughout all parts of the globe. His critically acclaimed live performances have propelled him from the San Diego coffee house circuit to amphitheaters, arenas, festivals and stadiums all over the world. Among many other international accolades, Mraz has won two major GRAMMY(r) Awards and garnered six nominations, a People's Choice award, the Hal David Songwriter Hall Of Fame Award, and several Teen Choice Awards, to name a few.
Jason Mraz is indisputably among the most gifted and beloved artists of the modern era, making pop history with his record-breaking classic single, "I'm Yours," while also earning platinum and multi-platinum certifications in more than 20 countries for his various releases. Moreover, the San Diego-based troubadour has proven a truly diverse creative presence. A dedicated surfer, farmer-gardener, filmmaker, and photographer, Mraz is first and foremost a committed global citizen. His impassioned social activism and philanthropic efforts span wide-ranging environmental advocacy and ardent support for LGBT equality. His global activism include participating in a rescue mission to Ghana with Free The Slaves and an internationally broadcast live performance in Myanmar to 70,000 people to bring awareness to human trafficking with MTV Exit. Through it all, Jason Mraz continually confirms and celebrates music's myriad forms and miraculous power, inspiring and delighting his countless fans around the world he calls home. www.jasonmraz.com
About Brett Gurewitz
A founder and co-songwriter of influential and venerated Southern California band Bad Religion, Gurewitz is one of the prime architects of a high energy melodic punk style that continues to resonate throughout contemporary music. And as founder of independent powerhouse labels Epitaph and Anti-, Gurewitz created a sustainable, artist-first model that was prophetic 30 years ago and perfectly suited to today's ever-changing landscape.
Epitaph Records was founded in 1981 by Brett Gurewitz of the influential punk rock band Bad Religion. This incredibly diverse and resolutely artist friendly label first entered the annals of pop culture in the early 90s when it introduced previously underground artists such as Rancid, The Offspring and Pennywise to a vastly larger audience, earning the bands gold and platinum records, and forever changing the sound of popular music.
Epitaph has since added additional imprint Anti-Records, which has developed into an independent power house servicing a roster of acclaimed and iconic artists such as Tom Waits, Nick Cave, Neko Case, Mavis Staples and many more. Epitaph Records currently operates out of offices in Los Angeles, Amsterdam, Toronto and Melbourne.
About Bill Silva
Bill Silva is one of the most respected and seasoned music moguls and entrepreneurs in today’s music business. As a concert promoter, Bill has produced over 10,000 events from small clubs to stadiums all over the world, with artists ranging from The Police, Madonna, Nirvana, Eric Clapton, Bob Dylan, Coldplay, and Dr. Dre, to name a few. In 1991, Bill, and partner Andrew Hewitt, formed an exclusive partnership with the Hollywood Bowl, to produce the leased events at the iconic venue. Under their direction, stars gracing the Bowl’s stage have included Elton John, The Rolling Stones, Andrea Bocelli, Cher, Pavarotti, Paul McCartney, James Taylor, Sting, Radiohead, Roger Waters, Rod Steward, Crosby Stills Nash & Young.
Silva also organizes and promotes national tours including: international pop icon Kylie Minogue’s tours of North America in 2009 and 2011; the 2000 “Up In Smoke” tour by Dr. Dre, Snoop Dog, and Eminem, which was the most successful major rap/hip-hop tour of its time. Bill has been awarded the Pollstar Bill Graham Concert Promoter of the Year Award in 2001, and again recognized as Pollstar’s Independent Promoter of the Year for 2008 and 2009. Bill was the first person to be nominated by Pollstar in dual categories for Artist Manager and Promoter of the Year in 2009.
On the management side, Bill has discovered, managed, and helped guide the careers of acts such as Jason Mraz, Blink 182, Van Morrison, Christina Perri, Unwritten Law. His success in management has now become a model for combining artist development patience with world class talent. In 2013 Bill was elected chairman of the board for the MusiCares Foundation, the charitable arm of the Grammy organization that offers financial and health support to musicians and music industry professionals in need. Bill is also a founding member of the North American Concert Promoters Association and has served as a board member for several terms.
About GSO Management
GSO Business Management has been providing Business Management services since 1977 and is recognized as a top Business Management firm located in Southern California specializing in the Music, Film/Television and Sports Industries.
About Jonathan Siegel
Jonathan is a serial entrepreneur, angel investor and advisor to cloud companies--including CloudKick, Orchestra and Heroku. Jonathan previously founded ELC Technologies, RightCart, RightScale, and RightSignature. He is passionate about supporting founders of early stage tech start-ups.
He is the founder of 4 Internet companies: ELC Technologies (acquired by PriceGrabber’s Kamran Pourzanjani), RightCart (acquired by Buy.com), RightScale, and RightSignature. Jonathan's latest venture--a rollup of Exceptional, Airbrake, and RedisToGo was acquired by Rackspace in 2013.
Mr. Siegel earned degrees in Physics and Computer Science from University of California Santa Barbara.
About David Willen
David C. Willen is Audiam's Chief Technology Officer. In this role, he leads all software development, systems engineering, and design for Audiam technologies.
A rockstar engineer, David has provided technology leadership for both start-ups and large enterprises. He has served as the Chief Web Architect at Avon Products, and as the CTO of TheStreet.com and Barnes & Noble.com
David is a recognized expert at the design and development of software, hardware, and high-volume distributed systems in both traditional and cloud environments. He enjoys both studying and teaching engineering disciplines, and is the author of several books on microprocessor-based systems design and programming. David has both BS and MS in Electrical Engineering from Polytechnic University.