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Stock Music Market Size

Delivered July 31st, 2019. Contributors: Lisa M. and

Research Outline: Stock Music Market Size
Part
01
of three
Part
01

Stock Music Global Market

Stock music is experiencing a time of global growth. Increase in the demand for the subscription model, online radio, better platform integration, Influencers, simper licensing, cheaper pricing, and higher quality music have all been identified as trends driving this growth.

MARKET GROWTH

  • As mentioned in previous research, the market is predicted to grow steadily with a CAGR of 7.412% until 2023-2024. There are several trends that are fueling this growth which are shared in the below findings.

INCREASING DEMAND IN THE SUBSCRIPTION MODEL

  • Podcasts, background music, social media, advertising, websites, video making, TV-style programming, and YouTube have created a surge in the subscription model. The user is able to integrate searches of music libraries across multiple platforms. Many companies now offer subscription based stock music plans to meet this need.

THE SHIFT TO ONLINE RADIO

  • The shift to online radio has created a larger market for stock music, in regard to advertising and podcasts.

PLATFORM INTEGRATION

  •  Platform integration provides a better, intuitive search. This enables easier access of the stock music available.

RISE IN INDEPENDENT CONTENT CREATORS/INFLUENCERS

  • The demand for royalty free and license music has increased due to the increase in popularity of influencers (independent content creators). Communities have emerged, such as the platform Tongal, where influencers can collaborate to develop video content. These communities are more likely to use stock music. This trend has also spurred an increase of sound libraries. The rise in use of stock music by influencers is also triggering the development of new and unique music, which again, is a benefit for the market.

SIMPLE LICENSING & PRICING

  • Stock music is simpler to obtain a license and has a better price point than when one uses branded music. Vendors are starting to offer purchase plans based on how the music will be used, which is very attractive to the personal user. This has been identified as a key driver of the positive market share.

HIGHER QUALITY MUSIC

  • The market is seeing an increase in the quality of stock music due to shifts to licensed music and sound libraries. The market used to be dominated by low-quality music, but new business models have been able to attract real composers to re-enter the game. This is a great benefit, as it will diversify the variety of stock music available. It has also been identified as a chief trend that will drive the market positively.

POTENTIAL ISSUES

  • The average return per stock music track has been declining over the last few years.
  • The lack of ownership of "streamed music, intense competition and inconsistent user preferences, and illegal downloading of music tracks may hamper the growth of the stock music industry over the forecast period."

Research Strategy

To be included as a trend, a topic must have been mentioned multiple times in our research. We only chose trends that were backed with facts to indicated they will be around during the growth period discussed in the CAGR predictions.
Part
02
of three
Part
02

Stock Music Market Size

The global market size for stock music in 2019 is $1.153 billion. The CAGR will be 7.412% until 2023-2024.

GLOBAL MARKET SIZE FOR STOCK MUSIC

  • The global CAGR for stock music ranges from 6% to 18% for the years 2017-2024.
  • To further analyze the CAGRs provided to us we looked at the information individually provided by the obtained market research: 6%, 7%, 7.3%, 7.46%, 9%, and 18%. To obtain the most accurate CAGR possible we took the average of these numbers, but disregarded the 18%, as it was wildly out of range.
  • For this research we used a CAGR of 7.412% (the obtained average).
  • The global market will reach $1.5 billion by 2024.
  • The global market will grow by $346.38 million from 2019-2023.
  • By triangulation, the global market in 2019 is $1.153 billion, with an average CAGR of 7.412% until 2023-2024.

MARKET INFORMATION

  • North America has the largest share of the global market (55%), followed by Europe, APAC, South America, and MEA. Part of the reason North America has such a large share is due to the stringent copyright laws.
  • North American will command 43% of the future growth of the global market.
  • The market is currently fragmented due to the amount of competition.
  • The royalty free segment will make up the highest part of the stock music market share.
  • Demand for this type of music is increasing. The subscription model is helping to increase the demand.

Research Strategy

To arrive at the global market size for stock music we obtained six different market reports, all with different projections and numbers. The outright market share for 2019 was not shared publicly, but the market share for 2024 was given along with the growth of $343.38 million from 2019-2023. By subtracting $343.38 from the 2024 market share of $1.5 billion, we were able to triangulate the global market for stock music.

To obtain the most accurate CAGR from the research, we used an average, since we obtained six different CAGR numbers. We disregarded 18%, as it was wildly out of range, and the market research company, QY Reports, was based in India, and not one that we regularly see in our research.
Part
03
of three
Part
03

Stock Music Key Players

Audio Network, Getty Images, Musicbed, POND5, and Shutterstock are all major players in the stock music industry. We have provided revenues and a brief overview of each company.

AUDIO NETWORK

  • Audio Network had an estimated annual revenue of $23.85 million in 2018.
  •  Audio Network started out in 2001, and has grown their catalog to cover "every conceivable style, mood and instrumentation". Their three core values are record only the best, simple pricing and licensing, and to liberate creative music for content creators. These tracks can be instantly accessed, paid for on an as needed basis, and is pre-cleared for use anywhere in the world forever.
  • There are 1,000 tracks added each month, with a total of over 150,000 tracks, featuring over 800 film and televisions composers.
  • They have 2,018 employees.
  • Audio Network was acquired by Entertainment One and is a privately owned company.

GETTY IMAGES

  • Getty Images had an estimated total annual revenue of $278.58 million in 2018.
  •  Getty Images is a creator and distributor of images, video, music and multi-media. They have the Getty, iStock, and Thinkstock brands.
  • They were founded in 1995, and are a privately owned company. They were the first company to license imagery on the web.
  • Getty employs 350 people, and is privately owned.
  • They boast an advanced search, and service in 100 countries. They are heavily focused on stock photos.
  • Their music division has an advanced search feature that you can select music by type, genre, mood, or speed, and takes very little time. Once a track is selected, it can be licensed for a variety of uses, and shared easily with team members. They state their collections allow them to offer one of the "largest and most successful licensing catalogs in the world."

MUSICBED

  • Musicbed has an estimated annual revenue somewhere between $1.4 and $29.6 million yearly. Reports varied widely on revenue for this company, although it most likely leans towards the higher number.
  •  Musicbed offers music subscriptions, custom music, and footage. They specialize in country, folk, hip-hop, indie and pop music.
  • They say their A&R team "handpicks every song from our roster of indie musicians, bands, and composers, so you can spend less time digging and more time creating".
  • Musicbed employs less than 50 people in south Texas, and are a private company.

POND5

  • Pond5 has an estimated revenue somewhere between $2.26 million and $40 million. Reports varied widely on revenue for this company.
  •  Pond5 offers video, music, sound effects, templates, and images.
  •  Pond5 claims to have the largest royalty-free stock footage video collection in the world. They have over 900,000 tracks of music, 1.2 million sound effects, and 26 million royalty free images.
  • They are a privately owned company.

SUTTERSTOCK

  • Shutterstock had an annual revenue of $633.6 million last year.
  •  Shutterstock is an online platform that offers images, videos and music. They have a community of over 60,000 contributors and 250 million images along with 2 million videos.
  •  Along with media, they own a media agency, a high-end image collection serivice, a learning marketplace and a digital asset management service off businesses.
  • It is of note, in all the company descriptions, music is not mentioned as a main feature.

Research Strategy

Most revenue was located on outside sources. To obtain the revenue for these businesses, we started with trusted sites such as Hoovers and Crunchbase. If no information was available on the company we then attempted to locate it on Owler on Mantra. When sites gave conflicting information, we noted that in our findings.

We attempted to locate the part of the revenue for each company that came from the sale of stock music, as it would be the most relevant. This was impossible with Audio Network, Getty Images, Musicbed, and POND5 as they are privately owned companies. Shutterstock made their annual report available, but did not separate their download revenue by the type of download it was. To try to find a data point to triangulate the information, we looked through press releases hoping there would be mention of revenue and were not able to locate any relevant information.

Did this report spark your curiosity?

Sources
Sources
From Part 01

Global Stock Music Market Size 2019-2024 | Share, Industry Analysis, Trends, Forecast| Research Report

arizton.com
Publication Year: 2019
Quotes
  • "This research report on the stock music market covers market sizing and forecast, market share, industry trends, growth drivers, and vendor analysis. It includes insights on segmentation by products (tracks and sound effects), license (royalty-free and licensed music), end-users (large business, SMEs, and individual content creators), and geography (North America, APAC, Europe, and ROW)."
  • "Platform integration is a new trend that provides an intuitive search experience, facilitating easier and faster utilization of stock music"
  • "The trend of independent content creation is catching up in the stock music market. The demand for royalty-free and licensed music is spurred, and vendors are designing their products and services around the theme of independent content creation. There has also been an emergence of new platforms such as Tongal, which is a global community of creators that collaborate with studios, networks, and brands to develop video content for several platforms. Such communities are more likely to rely on stock music than commission its production, thereby taking stock music to major brands."
  • "The demand for subscription licenses of tracks, loops, and sound effects and lifetime licenses of theme tunes is expected to shape the demand in the stock music market. Podcast players, which offer podcasting tools to create, distribute, and measure podcasts, have partnered with stock music companies to offer a whole library of royalty-free music for podcasts to enable podcast creators to heighten the audio experience for listeners."
  • "The market is witnessing an increase in the audio-based content, which is expected to affect the stock music market. In addition, platform integration is a new trend in the market that provides an intuitive search experience, facilitating easier and faster utilization of stock music through the integration of music libraries across applications."
  • "Hence, the rise in independent content creators, the growth of TV-style programming, the growth of the platform integrations, and the growing popularity of sound design-first approach are contributing to the growth of the stock music market size. The global stock music market is expected to generate revenue of around $1.5 billion by 2024, growing at a CAGR of about 9% during the forecast period."
  • "The rise of sound libraries is an emerging movement in the music stock market The music track segment is highly diversified. The age of personal creation is fueling the stock music market by tracks. As the market was once dominated by low-quality music and kept great musicians out of the game, emerging business models harmonize the quality and price. This helps genuine composers to re-enter the field and raise the standard of the industry, thereby driving the demand for stock tracks. "
  • "Also,modularity has become increasingly relevant in the stock music marketplace with players putting musical expression at the fingertips by enabling users to build their own track with component tracks, re-balance the music to fit audio elements and voice-overs. The tracks segment dominated the market in 2018."
  • "The rise of sound libraries is an emerging trend in the market. Sound libraries are increasingly offering toolkits, which cover all sound design and musical effect needs. They are specifically crafted for editors and help in customization and curation to speed up workflow. Sound effects are widely used in creative storytelling, UX, and film industries. The stock music market size by sound effects is expected to grow at a high CAGR during the forecast period."
  • "Innovation and increasing standards of curation are driving the licensed music market at a rapid pace"
  • "The increasing trend of“quality over quantity” is shifting focus from royalty-free to licensed music, thereby accelerating the growth of the licensed music segment. Further, innovation and increasing standards of curation are driving the market at a rapid pace. The market is expected to witness growth as some platforms are acting as base builders for artists - upcoming artists allow the use of their music for free, provided they are credited for the track."
  • "Online radio services have fueled small business advertising via audio channels SMEs and individual content creators are growing at high CAGRs and are expected to fuel the market in the coming years. The rise in corporate profits that have created more income for employers is driving marketing spend. The shift of listeners to digital channels has created opportunities for stock music players. Digital channels offer better quality and can get rid of the static of the radio. Further, directional audio is becoming a trend driving demand for sound effects as major retailers bank on audio to improve time spent in-store and drive preference over e-commerce. "
  • "The growth of online radio services has fueled small business advertising via audio channels since they offer reliability by allowing tracking and targeting. This is boding well for the growth of the SME stock music market. Further, SMEs are engaged more in new marketing practices than large firms; they are likely to explore innovative marketing strategies to push their products or services. Thus, utilizing audio as part of branding will further drive the stock music market."
  • "The growth of influencers (individual content creators) has led to the rapid ascent of subscription licenses, specifically among high audio-visual oriented sectors such as travel, fashion and style, photography, food, lifestyle, sports and fitness, and DIYs. This evolution is expected to contribute significantly to the growth of the global stock music market."

Global Stock Music Market 2018-2022 | Key Insights and Forecasts | Technavio

businesswire.com
Publication Year: 2018
Quotes
  • "A key factor driving the growth of the market is the simple licensing and pricing of stock music. The demand for premium, high quality music is increasing as professionals such as brand managers and publishers are focusing on obtaining RF stock music that is unique, culturally relevant, and provides fresh perspectives. To meet this demand, the existing vendors are expanding their premium portfolios and new vendors are entering the market."
  • "Global stock music market: Increase in demand for different types of background music The demand for different types of background music that are used in television programs, corporate video making, movies, on-hold production, and websites is increasing. Royalty Free (RF) music can be used in YouTube. YouTube is the main video-streaming service provider on the Internet. Users can use licensed RF music for video production. The availability of numerous tracks will enable customers to find their new soundtrack. "

The Global Stock Music Market Set to Rise During the Forecast, 2019-2023: Heavily Influenced by the Adoption of Music Subscriptions - ResearchAndMarkets.com

businesswire.com
Publication Year: 2019
Quotes
  • "Factors such as affordability of RF music will play a significant role in the royalty-free segment to maintain its market position. , our global stock music market report looks at factors such as the rising adoption of the subscription model, the popularity of audio and video streaming, and increasing adoption of digital music. "
  • "However, the lack of ownership of streamed music, intense competition and inconsistent user preferences, and illegal downloading of music tracks may hamper the growth of the stock music industry over the forecast period."
  • "Rising adoption of subscription model The demand for music subscriptions has increased significantly in recent years, owing to the growing integration of music streaming applications with social media platforms such as YouTube. This has encouraged companies to offer subscription-based stock music plans based on the application or the type of project. The rising adoption of subscription model will fuel the expansion of the stock music market at a CAGR of close to 6% during the forecast period. "
  • "Expanding variety of stock music The demand for stock music is influenced by its widespread use as background music in TV programs, corporate videos, websites, and on-hold productions. Stock music also finds use as voiceovers to set the mood and context for the promotion of products and services. The extensive use of stock music for personal and business applications is encouraging vendors to provide a wide variety of stock music. The expanding range of stock music is expected to be a key stock music market trends during the forecast period. "

Global Stock Music Market 2019-2023

technavio.com
Publication Year: 2019
Quotes
  • "With the growing integration of music streaming applications with social media platforms such as YouTube, the demand for music subscriptions has also increased. The use of stock music tracks has increased in various applications such as corporate presentations, internet streaming, podcasts, mobile apps, advertising, music-on-hold, video games, audiobooks, and background score and backdrops for films. This has encouraged vendors to offer various subscription-based stock music plans depending upon the application or the type of project. This rising adoption of subscription model will be a significant factor fueling the growth of the stock music market."
  • ". The availability of a wide variety of stock music increases the probability of finding the correct soundtrack by customers for their desired applications. The expanding range of stock music has been identified as one of the critical stock music market trends that will drive the growth of the market at a CAGR of almost 6% during the forecast period."
  • "With a complete study of the growth opportunities for companies, it has been identified that North America will account for the highest share of the stock music market throughout the forecast period. The high spending capacity of people and the presence of several music publishers and music streaming service providers, especially in the US, are responsible for the growth of the stock music market in this region."

Global Stock Music Market 2019-2023 | 6% CAGR Projection Over the Next Five Years | Technavio

finance.yahoo.com
Publication Year: 2019
Quotes
  • "A key factor driving the growth of the global stock music market is the rising adoption of the subscription model. Stock music tracks are increasingly being used in various applications including Internet streaming, corporate presentations, background score, mobile applications, and video games. "
  • "The integration of music streaming applications with various social media platforms including YouTube is one of the key factors driving the demand for music subscriptions. "
  • "In addition, the growing demand for stock music is also encouraging vendors to offer customized solutions based on set prices as per the use of music. Stock music market players are also offering plans based on the type of projects. Thus, increasing popularity of subscription model among stock music enthusiasts is likely to foster market growth during the forecast period."
  • "As per Technavio, the expanding variety of stock music will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global stock music market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023."
  • "Rising demand for stock music is mostly influenced by the widespread use of background music. Stock music tracks are widely being used for TV programs, corporate videos, websites, and on-hold production. Corporate customers are using stock music to compile corporate videos and presentations. "

Global Stock Music Market 2018-2022 | Key Insights and Forecasts | Technavio

marketwatch.com
Publication Year: 2018
Quotes
  • " A key factor driving the growth of the market is the simple licensing and pricing of stock music. "
  • "The demand for premium, high quality music is increasing as professionals such as brand managers and publishers are focusing on obtaining RF stock music that is unique, culturally relevant, and provides fresh perspectives. To meet this demand, the existing vendors are expanding their premium portfolios and new vendors are entering the market"
  • "Global stock music market: Increase in demand for different types of background music"
  • "The demand for different types of background music that are used in television programs, corporate video making, movies, on-hold production, and websites is increasing. Royalty Free (RF) music can be used in YouTube. YouTube is the main video-streaming service provider on the Internet. Users can use licensed RF music for video production. The availability of numerous tracks will enable customers to find their new soundtrack."

Global Stock Music Market 2017-2021

prnewswire.com
Publication Year: 2017
Quotes
  • "Social media acts as a platform for online advertising. Online advertisement strategies help businesses create brand awareness and market products based on end-user needs. This is because real-time analytics and data available on social media platforms allow marketers to meet the end-users' expectations and predict their behavior better. Various marketers use stock music as a background score for online videos promoting a product, service, event, or program digitally. "

Global Stock Music Market 2018-2022: Licensing Agreements with New Revenue Streams

prnewswire.com
Publication Year: 2018
Quotes
  • "Stock music is a less expensive alternative to the use of popular music in the production, as songs that are recognized instantly do not require specific permission or extra clearance fees. Stock music provides an easy licensed alternative to scoring productions."
  • "One trend affecting this market is the increase in demand for different types of background music. The different types of background music used in television programs, corporate video making, movies, on-hold production, and websites is increasing"
  • "According to the report, one driver influencing this market is the simple licensing and pricing of stock music. The RF license enable production houses to use RF stock music numerous times"
  • "Further, the report states that one challenge affecting this market is the decline in profitability. The average return-per-stock music track has been steadily dropping over the last few years due to various changes in technology and consumption patterns. "

The Global Stock Music Market Set to Rise During the Forecast, 2019-2023: Heavily Influenced by the Adoption of Music Subscriptions - ResearchAndMarkets.com

finance.yahoo.com
Publication Year: 2019
Quotes
  • "Stock music is an inexpensive alternative to the use of popular music in the production. Stock music tracks do not require specific permission or extra clearance fees. This stock music market analysis considers the revenue generation based on license model that includes royalty-free (RF), and rights managed (RM). Our analysis also considers the sales of stock music in APAC, Europe, North America, MEA, and South America. In 2018, the royalty-free segment had a significant market share, and this trend is expected to continue over the forecast period."
  • "Factors such as affordability of RF music will play a significant role in the royalty-free segment to maintain its market position. , our global stock music market report looks at factors such as the rising adoption of the subscription model, the popularity of audio and video streaming, and increasing adoption of digital music. However, the lack of ownership of streamed music, intense competition and inconsistent user preferences, and illegal downloading of music tracks may hamper the growth of the stock music industry over the forecast period."
  • "The demand for music subscriptions has increased significantly in recent years, owing to the growing integration of music streaming applications with social media platforms such as YouTube. This has encouraged companies to offer subscription-based stock music plans based on the application or the type of project. The rising adoption of subscription model will fuel the expansion of the stock music market at a CAGR of close to 6% during the forecast period."
  • "Expanding variety of stock music The demand for stock music is influenced by its widespread use as background music in TV programs, corporate videos, websites, and on-hold productions. Stock music also finds use as voiceovers to set the mood and context for the promotion of products and services. The extensive use of stock music for personal and business applications is encouraging vendors to provide a wide variety of stock music. The expanding range of stock music is expected to be a key stock music market trends during the forecast period "
From Part 02

Global Stock Music Market Size 2019-2024 | Share, Industry Analysis, Trends, Forecast| Research Report

arizton.com
Publication Year: 2019
Quotes
  • "The global stock music market is expected to generate revenue of around $1.5 billion by 2024, growing at a CAGR of about 9% during the forecast period."

Global Stock Music Market 2018-2022 | Key Insights and Forecasts | Technavio

businesswire.com
Publication Year: 2018
Quotes
  • "The global stock music market is expected to post a CAGR of more than 7% over the period 2018-2022, according to the latest market research report by Technavio."
  • "The Americas led the market with the largest share in 2017, accounting for more than 55% of the market followed by EMEA and APAC. The market share of the three regions will witness small variation over the forecast period."

The Global Stock Music Market Set to Rise During the Forecast, 2019-2023: Heavily Influenced by the Adoption of Music Subscriptions - ResearchAndMarkets.com

businesswire.com
Publication Year: 2019
Quotes
  • "The rising adoption of subscription model will fuel the expansion of the stock music market at a CAGR of close to 6% during the forecast period."

Global Stock Music Market 2019-2023

technavio.com
Publication Year: 2019
Quotes
  • "The global stock music market size will grow by USD 346.38 million during 2019-2023. This market report provides a detailed analysis of the market by license model (RF and RM) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Audio Network Ltd., Getty Images Inc., Pond5 Inc., Shutterstock Inc., and The Music Bed LLC."
  • "43% of the growth will come from North America. "
  • "The global stock music market is fragmented. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this stock music market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities."
  • "The royalty free (RF) segment will account for the highest stock music market share. The affordability of RF music is one of the significant factors fueling stock music market growth in this segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the stock music market size."
  • "The royalty free (RF) segment will account for the highest stock music market share. The affordability of RF music is one of the significant factors fueling stock music market growth in this segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the stock music market size."

Global Stock Music Market 2019-2023 | 6% CAGR Projection Over the Next Five Years | Technavio

finance.yahoo.com
Publication Year: 2019
Quotes
  • "The global stock music market is expected to post a CAGR of almost 6% during the period 2019-2023, according to the latest market research report by Technavio."
  • "North America led the market in 2018, followed by Europe, APAC, South America, MEA respectively. The market dominance of North America can be attributed to the presence of stringent copyright laws imposed by regulatory bodies in the region. In addition, the high spending capacity of the population in the US is likely to contribute significantly to the revenue generated by the stock music market."

Global Stock Music Market 2018-2022 | Key Insights and Forecasts | Technavio

marketwatch.com
Publication Year: 2018
Quotes
  • "The demand for different types of background music that are used in television programs, corporate video making, movies, on-hold production, and websites is increasing. Royalty Free (RF) music can be used in YouTube. YouTube is the main video-streaming service provider on the Internet. Users can use licensed RF music for video production. The availability of numerous tracks will enable customers to find their new soundtrack."
  • "The Americas led the market with the largest share in 2017, accounting for more than 55% of the market followed by EMEA and APAC. The market share of the three regions will witness small variation over the forecast period."

Global Stock Music Market 2017-2021

prnewswire.com
Publication Year: 2017
Quotes
  • "Technavio's analysts forecast the global stock music market to grow at a CAGR of 7.33% during the period 2017-2021. "

Global Stock Music Market 2018-2022: Licensing Agreements with New Revenue Streams

prnewswire.com
Publication Year: 2018
Quotes
  • "The Global Stock Music Market to grow at a CAGR of 7.46% during the period 2018-2022."

Global Stock Music Market CAGR of +18% by 2025: Market Trends, Marketing Strategy Analysis, Market Effect Factors Analysis, Competitive Landscape Profiling on Companies

advisornews.com
Publication Year: 2018
Quotes
  • "-- 12/06/2018 -- Stock Music is the name given to recorded music that can be licensed to customers for use in film, television, radio and other media. Oftentimes, the music is produced and owned by production music libraries. The Stock Music Market is expected to reach +18% CAGR during forecast period 2018-2022. "

The Global Stock Music Market Set to Rise During the Forecast, 2019-2023: Heavily Influenced by the Adoption of Music Subscriptions - ResearchAndMarkets.com

finance.yahoo.com
Publication Year: 2019
Quotes
  • "The rising adoption of subscription model will fuel the expansion of the stock music market at a CAGR of close to 6% during the forecast period."
From Part 03
c

Audio Network

craft.co
Publication Year: 2019
Quotes
  • "• Total Funding$471 K"
  • "Collaborating with over 750 composers, artists and producers from across the globe, we’ve built a world-class catalogue of original music spanning every conceivable style, mood and instrumentation. And while we’ve grown a lot since starting out in 2001, "
  • "we still focus on our customers and these three core values: The highest quality music We only record with the best, authentic musicians and composers at the top recording facilities in the world. Simple pricing and licensing All of our music is pre-cleared for multiple platforms, worldwide, forever. We liberate music for content creators around the world, so whether you're making a YouTube video or a blockbuster film, we've got a licence that works for you. Creativity Designed with creatives in mind, our music is used around the world by some of the media industry's biggest names: the BBC, National Geographic, Discovery and MTV. "
  • "And with 1000 tracks added monthly, you'll always be able to find new music. Finding the track that expresses the mood you want to create in your work has never been easier. That’s what we call liberating music."
  • "Type Private Founded 2001 "
  • "HQ London, GB Map Website audionetwork.com "
  • "• Entertainment One to Acquire Audio Network"
  • "• Revenue£29 MFY, 2018 •Employees (est.) (Jul 2019)"
c

Audio Network

crunchbase.com
Publication Year: 2019
Quotes
  • "Audio Network offers an online portal that enables content creators to download music and use them in film, TV, and video production."
  • "Founded Date Jul 23, 2001Founders Andrew Sunnucks, Robert Hurst"
  • "Funding Type Private Equity Number of Employees 101-250 Legal Name Audio Network Limited IPO Status PrivateCompany "
  • "Audio Network have commissioned and recorded a comprehensive music catalogue comprising over 150,000 music tracks."
  • "The Group has been listed as one of the UK's fastest growing tech / media companies in the Sunday Times Tech Track 100 in 2011, 2012 and 2013 and in the Sunday Times Profit Track 100 in 2013, 2014 and 2015"
  • "Ownership of both publishing and recording rights in all the music allows Audio Network to bypass the traditionally complex and traditionally expensive process of licensing music usage to television broadcasters and professional audio-visual producers worldwide."
  • "The team comprises 800 leading film and television composers covering almost every conceivable style and genre of music and sound."
  • "Home / Student / Corporate or occasional users of audio content can also instantly access and download the same professional music and sound resource for use in their films or video projects using the Audio Network website."

Audio Network - Quality Production Music for TV, Film, Video & Advertising

us.audionetwork.com
Publication Year: 2019
Quotes
  • "BROWSE OUR CATALOG of 150,000 original tracks: • MUSICAL STYLES • MOOD / EMOTION • INSTRUMENTATION • PRODUCTION GENRE "
  • "Our licences are tailored to the project you're working on - pay only for what you need"
  • "Our music is pre-cleared for use anywhere in the world - forever"
  • "From YouTube to traditional broadcast - you can use our music on multiple platforms"
c

Getty Images

crunchbase.com
Publication Year: 2019
Quotes
  • "Getty Images is a creator and distributor of award-winning still imagery, video, music, and multimedia products."
  • " Western US Founded Date Jan 1, 1995 Founders Jonathan Klein, Mark Getty Operating Status ActiveFunding Status M&A Last Funding Type Private Equity Number of Employees 1001-5000 Legal Name Getty Images, Inc. IPO Status PrivateCompany Type For Profit"
  • "Getty Images is a creator and distributor of award-winning still imagery, video, music, and multimedia products, as well as other forms of premium digital content, available through its trusted house of brands, including iStock© and Thinkstock©."
  • "With its advanced search and image recognition technology, Getty Images serves business customers in more than 100 countries and is the first place creative and media professionals turn to discover, purchase and manage images and other digital content. Its best-in-class photographers and imagery help customers produce inspiring work which appears every day in the world’s most influential newspapers, magazines, advertising campaigns, films, television programs, books and online media."
  • "Mark Getty and Jonathan Klein founded Getty Images in 1995 with the goal of turning a disjointed and fragmented stock photography market into a thriving, modernized industry able to meet the changing needs of visual communicators. It was the first company to license imagery via the web, moving the entire industry online – and have continued to drive the industry forward with breakthrough licensing models, digital media management tools and a comprehensive offering of creative and editorial imagery, microstock, footage and music."
  • "Getty Images was acquired by The Carlyle Group for $3.3B on Aug 15, 2012."

Getty Images Now Selling Music Tracks – TechCrunch

social.techcrunch.com
Publication Year: 2018
Quotes
  • "You search online through a pretty slick interface that lets you quickly narrow your music search by type (lyric or instrumental), genre (rock, classical, blues, electronic), mood (laid back/groovy, ambient/spacious, aggressive/edgy), and speed (slow, medium, fast). Once you find a song and listen to a stream online, you can license it for a variety of purposes. Using a song in a Web video might cost $35 plus five percent of any associated ad revenues, while using it for a cable TV show will cost you $450. (A license for a regional TV ad runs as high as $2,100). In comparison, licensing a song from a major-label artist can be orders of magnitude more expensive"
  • "Soundtrack fits in with Getty’s strategic push into digital licensing. "
  • "One of the biggest barriers to music licensing in the past was simply the search costs. You had to listen to CDs, track down the music label, and hammer out a deal. Now, services like Soundtrack and YouLicense reduce the search costs to practically nothing, and automate the contractual part. With the ease of finding and licensing songs on the Web, legal music licensing could expand greatly. As more and more serious Web video shows and podcasts get produced, they are going to need some good back beats to keep people watching."

Getty Images

hoovers.com
Publication Year: 2019
Quotes
  • "Getty Images is a leading supplier of current and archival imagery, including digital photographs, video, music, and multimedia products. Its images include news, sports, and entertainment content under the Getty, iStock, and Thinkstock brands. The company also offers photo services for corporate clients. Getty Images sells its content to individuals and large and small creative agencies and media organizations, among other clients. It serves customers in more than 100 countries through some 20 offices around the world. Getty Images was founded 1995 by Mark Getty and Jonathan Klein. The Getty family resumed control of the business in 2018 when it bought back a majority share of the company from The Carlyle Group."
  • "• EMPLOYEES350 • SALES (MIL USD)278.58 • INCORPORATED2012 • CREDIT PRESCREENLOW RISK "

Getty Images

hoovers.com
Publication Year: 2019
Quotes
  • "Getty Images is a leading supplier of current and archival imagery, including digital photographs, video, music, and multimedia products. Its images include news, sports, and entertainment content under the Getty, iStock, and Thinkstock brands. The company also offers photo services for corporate clients. Getty Images sells its content to individuals and large and small creative agencies and media organizations, among other clients. It serves customers in more than 100 countries through some 20 offices around the world. Getty Images was founded 1995 by Mark Getty and Jonathan Klein. The Getty family resumed control of the business in 2018 when it bought back a majority share of the company from The Carlyle Group."
  • "• EMPLOYEES350 • SALES (MIL USD)278.58 • INCORPORATED2012 • CREDIT PRESCREENLOW RISK "
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Hoovers: Getty Images

hoovers.com
Publication Year: 2019
Quotes
  • "Getty Images is a leading supplier of current and archival imagery, including digital photographs, video, music, and multimedia products. Its images include news, sports, and entertainment content under the Getty, iStock, and Thinkstock brands. The company also offers photo services for corporate clients. Getty Images sells its content to individuals and large and small creative agencies and media organizations, among other clients. It serves customers in more than 100 countries through some 20 offices around the world. Getty Images was founded 1995 by Mark Getty and Jonathan Klein. The Getty family resumed control of the business in 2018 when it bought back a majority share of the company from The Carlyle Group."
  • "• EMPLOYEES350 • SALES (MIL USD)278.58 • INCORPORATED2012 "

High Quality Royalty Free Music & Sound Effects | Getty Images

gettyimages.com
Publication Year: 2019
Quotes
  • "We highly recommend creating a user account and saving the tracks from your searches in playlists. The tracks can be accessed from any computer you're logged into and are saved until you delete them. You can also easily share them with your team or clients. Create an account. How do I share my tracks and folders? You can share any of your playlists with one or more colleagues or clients as long as you are logged in. It's as easy as sending an email. Select a playlist, click the "Share playlist" option and follow the directions. The recipient won't be able to download the tracks, but they will be able to listen to them. "
  • "Partner collections In keeping with our promise to provide music for every project and every budget, our collections allow us to offer one of the largest and most successful licensing catalogs in the world. Cuttlefish Music & Tribe Of Noise"
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Musicbed

musicbed.com
Publication Year: 2019
Quotes
  • "PRODUCTS Music Subscription Custom Music Footage "
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Music Bed

crunchbase.com
Publication Year: 2019
Quotes
  • "Musicbed is a music company offering the country, folk, hip-hop, indie, and pop music. Fort Worth, Texas, United States"
  • " Southern US Operating Status ActiveNumber of Employees 11-50 IPO Status Private"
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Music Bed

owler.com
Publication Year: 2019
Quotes
  • "Musicbed is a music licensing platform providing a curated selection of songs for filmmakers and creatives to use in media projects. Musicbed's headquarters is located in Fort Worth, Texas. Musicbed generates $592.3K in revenue per employee Musicbed's top competitor is Marmoset, led by Ryan Wines, who is their Founder & CEO. Musicbed has 48 followers on Owler. Read less"
  • "Estimated Annual Revenue $29.6M"
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Music Bed

manta.com
Publication Year: 2019
Quotes
  • "The Music Bed LLC is a privately held company in Fort Worth, TX and is a Single Location business."
  • "Categorized under Music Licensing and Royalties. Our records show it was established in 2011 and incorporated in TX. Current estimates show this company has an annual revenue of 1400000 and employs a staff of approximately 15."

Stock Production Music ~ Royalty Free Music | Pond5

pond5.com
Publication Year: 2019
Quotes
  • " ROYALTY-FREE STOCK VIDEO FOOTAGE Explore the world’s largest royalty-free stock video footage collection including over 17 million clips in 4K, HD, and 360 video. MUSIC TRACKS Listen through a library of over 900,000 tracks, including everything from cinematic scores to dynamic pop. SOUND EFFECTS Add powerful sonic impact to your next project. Choose from over 1.2 million royalty-free sound effects. AFTER EFFECTS TEMPLATES Make use of an assortment of helpful After Effects templates, from infographics, to movie trailers, and so much more. STOCK IMAGES Explore a premier library of nearly 26 million royalty-free photos, vectors, illustrations, and PSDs. 3D OBJECTS Choose from a diverse collection of 3D objects and models for your next project. "
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Pond5

manta.com
Publication Year: 2019
Quotes
  • "Pond5, Inc is a privately held company in New York, NY and is a Headquarters business."
  • "Categorized under Electronic Media Advertising Representatives. Current estimates show this company has an annual revenue of 2053660 and employs a staff of approximately 10."
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Pond5

owler.com
Publication Year: 2019
Quotes
  • "Pond5 operates as an online marketplace that enables users to find and upload royalty free footage, photos, illustrations, music and sound effects."
  • "Pond5 is a Private company. Jason Teichman is the CEO of Pond5 and has an approval rating of 59 from Owler members. Pond5 has raised a total of $61M in funding. Pond5's top competitor is Dreamstime, led by Serban Enache, who is their Founder & CEO. Pond5 has 906 followers on Owler. "
  • "Estimated Annual Revenue $40M"
  • "Founded: 2006 Headquarters: New YorkNew York Status: PrivateIndependent Company of Industry Sector: "
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Shutterstock

crunchbase.com
Publication Year: 2019
Quotes
  • "Shutterstock offers an online platform that enables its users to find and buy images, vectors, videos, and music."
  • "Shutterstock, Inc. (NYSE: SSTK), is a leading global provider of high-quality licensed photographs, vectors, illustrations, videos and music to businesses, marketing agencies and media organizations around the world. Working with its growing community of over 60,000 contributors, Shutterstock adds tens of thousands of images each week, and currently has more than 40 million images and 2 million video clips available."
  • "Headquartered in New York City, with offices in Amsterdam, Berlin, Chicago, Denver, London, Paris and San Francisco, Shutterstock has customers in more than 150 countries. The company also owns Bigstock, a value-oriented stock media agency; Offset, a high-end image collection; Skillfeed, an online marketplace for learning; and WebDAM, a cloud-based digital asset management service for businesses."
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Shutterstock

hoovers.com
Publication Year: 2019
Quotes
  • "Shutterstock brings the online marketplace mentality to the world of digital images, illustrations, and videos. Its 35,000+ contributors have uploaded more than 19 millions bits of content perused by 550,000 subscribers. The company's primary customers include marketing agencies, media organizations, and communications departments of businesses that subscribe to single downloads, a set number of images, or unlimited downloads for a month or a year; average cost per image is $3. Shutterstock's marketplace is available in 10 languages and 150 countries where its images are used for corporate communications, websites, ads, and books and other published materials. Formed in 2007, the company went public in 2012."
  • "• ASSETS (MIL USD)531 • SALES (MIL USD)623.25 • TICKER SYMBOLSSTK • INCORPORATED2003 • MARKET VALUE (MIL USD)1,369.9 • FISCAL YEAR ENDDEC • SALES GROWTH %11.87% • EMPLOYEE GROWTH %-8.94% • NET INCOME GROWTH226.94% • CREDIT PRESCREENLOW RISK "
i

Shutterstock

investor.shutterstock.com
Publication Year: 2019

Stock Photos, Pictures & Royalty Free Videos | Shutterstock

shutterstock.com
Publication Year: 2019
Quotes
  • "Stock photos Vector images Editorial Footage Music BlogRoyalty free images"

About Us | Shutterstock

shutterstock.com
Publication Year: 2019
Quotes
  • "The stats and figures that tell our story. 1 billion+ Over 1 billion images, video clips, and music tracks downloaded 650,000+ Our world-class content comes from over 650,000 contributors 250 million+ We’ve got over 250 million images, with 200,000 more added every day 150+ Countries We have customers in 150+ countries and our site is in 21 languages"
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Pond5

crunchbase.com
Publication Year: 2019
Quotes
  • ""Pond5 is the world’s largest, most vibrant video-first content marketplace that helps filmmakers fulfil their creative vision." "Series ANumber of Employees 101-250Legal Name Pond5 Inc. IPO Status PrivateCompany Type For Profit " Pond5 is the world’s largest, most vibrant video-first content marketplace, providing filmmakers, creators, and producers of all kinds with the content, inspiration, and tools they need to improve their projects. As the only content marketplace that meaningfully shares licensing revenue with its contributing artists, Pond5 is driven by a commitment to its passionate and growing global community of more than 60,000 professional visual and audio creators, providing a platform where their creative work can flourish, and helping them to make a sustainable living. " "With groundbreaking features like visual search for video and integrations into all major video-editing software, Pond5 is innovating daily, making it easier to find and use the content that creatives need to bring their vision to life. Pond5 is a venture-backed company funded by Accel Partners and Stripes Group with offices in New York, Dublin, Prague, London, and LA.""
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Pond5

hoovers.com
Publication Year: 2019
Quotes
  • " EMPLOYEES10 • SALES (MIL USD)2.26 • INCORPORATED2007 • CREDIT PRESCREENHIGH RISK"
o

Shutterstock

owler.com
Publication Year: 2019
Quotes
  • ""Shutterstock is an online platform for royalty-free images, vector graphics and video." "Annual Revenue $633.6M Employees 858""
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Musicbed

musicbed.com
Publication Year: 2019