Epidemic Sound
Epidemic Sound is a global royalty-free soundtrack providing company based in Stockholm, Sweden.[1]
Type | Private |
---|---|
Industry | Music |
Founded | June 18, 2009 |
Founders | Peer Åström David Stenmarck Oscar Höglund Jan Zachrisson Hjalmar Winbladh |
Headquarters | Stockholm, Sweden |
Revenue | 78,496,922 euro (2021) |
Number of employees | 439 (2021) |
Website | epidemicsound |
The company was established in 2009 by Peer Åström, David Stenmarck, Oscar Höglund, Hjalmar Winbladh and Jan Zachrisson.[2][3]
It has a library of over 40,000 soundtrack music and 90,000 sound effects. All Epidemic Sound tracks come in stems, which lets users remove certain layers of a track, like drums, bass, or the melody. Epidemic Sound music is also played in public spaces like restaurants, hotels, shopping malls and car parks.[1][4] Epidemic Sound’s tracks are produced by a roster of music creators who get paid upfront for each track and half of the track’s streaming revenue.[5]
Epidemic Sound has partnered with many different major brands, including Adobe, Getty Images, iStock, Pinterest, and Canva. The company has raised a total of over $500M in funding over 5 rounds. Their latest equity round raised $450M from Blackstone Group and EQT Growth, which values Epidemic Sound at $1.4 billion.[6] Both SVT and TV4 buy music by Epidemic Sound.[7][8]
References
- Bradshaw, Tim (2019-07-04). "London in for wild ride as Ola takes on Uber". Financial Times.
- "Epidemic Sound Said to Consider Options for Online Music Vault". Bloomberg. November 17, 2020 – via www.bloomberg.com.
- "Epidemic Sound wants to soundtrack the world". Sifted. 2019-07-01. Retrieved 2021-05-25.
- "Check out Epidemic Sound US on Inc.com!". Inc.com.
- Soderpalm, Helena (December 6, 2019). "Swedish start-up Epidemic Sound tunes into demand for original music". Reuters – via www.reuters.com.
- "Epidemic Sound raises $450M at a $1.4B valuation to 'soundtrack the internet'". Techcrunch. 2021-03-11.
- Nyheter, S. V. T. (2012-09-17). ""Rättigheterna är borta för alltid"". SVT Nyheter (in Swedish). Retrieved 2022-09-08.
- Nyheter, S. V. T. (2012-10-04). "Avtal missgynnar kompositörer". SVT Nyheter (in Swedish). Retrieved 2022-09-08.