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Business News (more headlines) 03-08-2014

Audiam Secures $2 Million Funding From Jason Mraz, Jimmy Buffett, Brett Gurewitz, Bill Silva And Others

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Website: http://www.audiam.com

Audiam, 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 http://www.epitaph.com and Anti- http://www.anti.com Records. Co-Founder of and songwriter for Bad Religion http://www.badreligion.com)
Jimmy Buffett http://www.margaritaville.com (multi-platinum selling Artist/Songwriter, entrepreneur, writer and songwriter)
Bill Silva http://www.billsilvaentertainment.com (manager, concert promoter, music publisher)
GSO Business Group http://www.gsogroup.com (top business L.A.-based management firm specializing in music, film/television and sports Industries)
Jonathan Siegel http://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.

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

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