Primephonic
Acquisition in 2021
Primephonic is an online music streaming platform based in Amsterdam, Netherlands, dedicated exclusively to classical music. Founded to address the specific challenges facing the classical music industry, it offers a high-definition download store and digital streaming services tailored to classical music enthusiasts. Primephonic aims to enhance the listening experience with an extensive catalog, superior audio quality, and advanced search technology. By collaborating with classical music artists, managers, and labels, the company strives to address the value gap in streaming audio that negatively impacts creators. Through its efforts, Primephonic seeks to transform the digital classical music experience and foster a renewed passion for the genre among listeners.
UnitedMasters
Series B in 2021
Established in 2017 and headquartered in New York, UnitedMasters operates a digital platform connecting independent musicians with audiences worldwide. It offers artists an alternative to traditional record label deals, distributing their music across various platforms while allowing them to retain master recording rights.
Concept.io
Acquisition in 2014
Concept.io, founded by seasoned entrepreneurs, develops Swell Radio, a personalized audio news streaming app for iOS users. It curates content based on user preferences and habits, aiming to connect individuals with informative ideas efficiently, thereby enhancing productivity during downtime. The company is backed by prominent venture capital firms.
Beats Electronics
Acquisition in 2014
Beats Electronics is a prominent manufacturer and seller of premium audio systems, including headphones, earphones, and speakers. Founded by musician Dr. Dre and music executive Jimmy Iovine, the company aims to deliver a superior music experience that allows fans to hear music as artists intended, capturing the full spectrum of sound from professional recording studios. In addition to its hardware offerings, Beats also provides software technology and streaming music subscription services. The company has established partnerships with notable brands such as HP, Chrysler Group, and HTC Mobile to enhance its product offerings. Headquartered in Santa Monica, California, Beats Electronics is led by Co-Founder and CEO Jimmy Iovine, Co-Founder Dr. Dre, and President Luke Wood, who continue to drive the brand's mission of excellence in audio quality.
MOG Inc. is a music media company founded in June 2005 by David Hyman, who previously served as CEO of Gracenote. The company aims to enhance the music listening experience through its on-demand streaming service, which offers access to a vast library of over 14 million songs from more than a million albums. MOG's platform is available across multiple devices, including mobile apps for iPhone and Android, desktop applications for Mac and Windows, and streaming devices like Roku and Sonos. It is recognized for its user-friendly interface, discovery features, and high audio quality. Additionally, MOG operates The MOG Music Network, a leading platform for music content online and the largest advertising network focused on music, attracting over 60 million unique visitors monthly. Headquartered in Berkeley, California, MOG has attracted investments from notable firms and individuals, including Menlo Ventures and Rick Rubin, who serves on its Board of Directors.
Lala is an online music discovery platform that enables users to stream, upload, and purchase music tracks. It offers free listening options, allowing users to create shareable playlists as they explore the music library. By downloading a plugin, members can transform Lala into an online music locker, which syncs their desktop music libraries with their Lala accounts. This feature simplifies the process of accessing personal music collections, as users can unlock files already available in Lala's library without lengthy uploads. In December 2009, Lala was acquired by Apple, Inc.