Matrix Partners
Matrix Partners is a venture capital firm founded in 1977 and based in San Francisco that backs early-stage and Series A technology companies across sectors such as artificial intelligence, B2B software, consumer technology, fintech, health tech, infrastructure, and semiconductors. The firm emphasizes practical, founder-centered collaboration, often supporting concepts from idea stage through Series A and taking board seats to help portfolio companies scale. It operates globally, including Matrix Partners China, which focuses on long-term relationships with entrepreneurs in China and has a track record of IPOs and strategic exits. The team combines former founders and experienced investors to bring local execution and global perspective. Notable investments span across the technology landscape, reflecting a history of involvement with companies like FedEx, Apple, Oculus, Canva, Zendesk, HubSpot, Postmates, Fivetran, Sila, and GOAT, illustrating the firm’s ability to support companies from early development to scale.
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Past deals in Digital Media
Luma AI
Series B in 2024
Luma AI is a generative AI startup that enables the transformation of text descriptions into 3D models and photorealistic representations from casually captured smartphone photos. The company aims to enhance how people capture, share, and experience scenes by bringing photos and videos into mixed reality, facilitating immersive demonstrations of products, memories, and online spaces. Its platform employs neural capture and rendering technology to convert ordinary images into photorealistic 3D assets suitable for e-commerce, real estate, and three-dimensional games, advancing access to a three-dimensional, mixed-reality future.
Luma AI
Series B in 2024
Luma AI is a generative AI startup that enables the transformation of text descriptions into 3D models and photorealistic representations from casually captured smartphone photos. The company aims to enhance how people capture, share, and experience scenes by bringing photos and videos into mixed reality, facilitating immersive demonstrations of products, memories, and online spaces. Its platform employs neural capture and rendering technology to convert ordinary images into photorealistic 3D assets suitable for e-commerce, real estate, and three-dimensional games, advancing access to a three-dimensional, mixed-reality future.
Luma AI
Series A in 2023
Luma AI is a generative AI startup that enables the transformation of text descriptions into 3D models and photorealistic representations from casually captured smartphone photos. The company aims to enhance how people capture, share, and experience scenes by bringing photos and videos into mixed reality, facilitating immersive demonstrations of products, memories, and online spaces. Its platform employs neural capture and rendering technology to convert ordinary images into photorealistic 3D assets suitable for e-commerce, real estate, and three-dimensional games, advancing access to a three-dimensional, mixed-reality future.
Qiyi Medical
Seed Round in 2022
Qiyi Medical concentrates on the development of disease management systems and digital diagnosis and treatment products. It solves the core pain points of diagnosis, treatment, and management of chronic respiratory diseases.
Hongsong Xuetang
Series A in 2022
Hongsong Xuetang offers older clients things including live courses and internet entertainment. Important habits like entertainment and more are changing as a result of advancements in Internet infrastructure like 5G networks and mobile payments.
Luma AI
Seed Round in 2021
Luma AI is a generative AI startup that enables the transformation of text descriptions into 3D models and photorealistic representations from casually captured smartphone photos. The company aims to enhance how people capture, share, and experience scenes by bringing photos and videos into mixed reality, facilitating immersive demonstrations of products, memories, and online spaces. Its platform employs neural capture and rendering technology to convert ordinary images into photorealistic 3D assets suitable for e-commerce, real estate, and three-dimensional games, advancing access to a three-dimensional, mixed-reality future.
Meipian
Series B in 2018
Meipian is a Chinese social media application that enables authors and editors to easily create and enhance images and posts for platforms like WeChat and Weibo. The application provides users with tools to incorporate text, images, videos, and music into their content, allowing for the efficient generation of illustrative articles. Meipian's user-friendly interface supports drag-and-drop functionality, making it accessible for individuals to import and edit graphics without the need for extensive design skills. Its focus on long-form graphic creation helps streamline the editing process, making it an effective tool for content creators looking to enhance their visual storytelling.
Meipian
Series A in 2017
Meipian is a Chinese social media application that enables authors and editors to easily create and enhance images and posts for platforms like WeChat and Weibo. The application provides users with tools to incorporate text, images, videos, and music into their content, allowing for the efficient generation of illustrative articles. Meipian's user-friendly interface supports drag-and-drop functionality, making it accessible for individuals to import and edit graphics without the need for extensive design skills. Its focus on long-form graphic creation helps streamline the editing process, making it an effective tool for content creators looking to enhance their visual storytelling.
VerSe Innovation
Series D in 2016
VerSe Innovation is a local language technology company that develops a discovery platform to consume and socialize with media. Its platform facilitates the curation of content and tracks user preferences through its vertical search and recommendation tools that provide users with personalized content and notifications.
Eyepetizer
Series A in 2016
Eyepetizer is an online platform that specializes in curating short video content across various genres, including animation, advertising, film and television, sports, creativity, games, and travel. The company delivers a daily selection of five carefully chosen videos to its users, enabling them to explore new topics and ideas. By focusing on diverse content, Eyepetizer aims to create an engaging community that fosters learning and creativity through short-form videos.
Benditoutiao
Series A in 2016
Benditoutiao is a online news platform.
If Shishang
Angel Round in 2016
If Shishang is a women's media and fashion company.
Benditoutiao
Angel Round in 2015
Benditoutiao is a online news platform.
Ranye Wenhua
Angel Round in 2015
Ranye Culture Media (Beijing) Co., Ltd. is a Beijing-based company specializing in the production of animation, particularly in the motion comic genre. It operates a comic platform that offers a range of services, including production, promotion, and incubation for comic creators. The platform enhances the comic experience by integrating audio and video elements, making the content more engaging for users. Additionally, Ranye is in the process of developing an augmented reality comic platform, which aims to allow users to interact with comics through immersive audio, video, and augmented reality technologies.
Sound Group
Series C in 2015
Guangzhou Lizhi Network Technology Co., Ltd. operates an interactive audio community and entertainment platform in China, primarily through its Lizhi app, which allows users to record, edit, store, and share their voices on mobile devices. Founded in 2010 and based in Guangzhou, the company focuses on enabling individuals to showcase their vocal talents and connect through audio content. Lizhi provides a variety of services, including podcasts, audio live streaming, and other interactive features, fostering a vibrant community of audio content creators. The company has also formed partnerships, such as with Xpeng Motors, to integrate its audio offerings into in-car systems. Lizhi aims to create a global audio community that transcends cultural boundaries, promoting user engagement and diverse entertainment experiences through voice.
Frankly.me
Seed Round in 2015
Frankly.me is a Delhi-based company founded in 2014 that operates a video-based question-and-answer platform designed to facilitate direct conversations between users and public figures. The platform allows individuals to engage with a variety of personalities, including politicians, authors, artists, athletes, and social activists, by asking questions that are answered through video responses. This interactive approach enables users to connect with their favorite public figures in a unique and entertaining manner, fostering a space for frank conversations that may not typically occur.
Adelphic
Series B in 2014
Adelphic, Inc. is a company that specializes in developing a mobile and cross-channel programmatic advertising platform aimed at connecting brands with audiences. Founded in 2011 and based in Waltham, Massachusetts, Adelphic offers a self-service software solution that allows non-technical users to manage advertising campaigns effectively. Its platform is designed to facilitate meaningful engagements with consumers across various devices and formats, utilizing real-time bidding capabilities to ensure global reach. Key features of the platform include a campaign management portal, Audience Cube for data segmentation and insights, and predictive performance engine solutions. Adelphic primarily serves agencies, brands, and large media buyers, enabling them to overcome user identification limitations in digital advertising by providing rich, detailed profiles of consumers. As of early 2017, Adelphic operates as a subsidiary of Viant Technology Inc.
Heiyan
Series A in 2014
Heiyan provides an online platform for literature enthusiasts. They publish works in a variety of genres, including suspense, history, urban, military, fantasy, fairy tales, martial arts, science fiction, games, and others.
Aipai
Series C in 2014
Aipai is a developer of a comprehensive video editing and sharing platform that specializes in creating engaging content for gamers and social media users. The core product, also named Aipai, integrates various advanced features, including video authoring software that supports screen recording, game footage capture, and video clips enhanced with background music and special effects. This functionality allows users to create dynamic photo albums and share their gaming experiences through live broadcasts and interactive social features. By offering a complete suite of tools for video creation and sharing, Aipai caters to the growing demand for high-quality, personalized video content in the digital landscape.
Zhang Wen Information
Angel Round in 2014
Zhang Wen Information is a supplier of an online community for local book enthusiasts. With themes like science fiction, martial arts, suspense, urban, and military, their platform is targeted at a male audience. The board is a location to share original writing and read new books.
Heiyan
Series A in 2014
Heiyan provides an online platform for literature enthusiasts. They publish works in a variety of genres, including suspense, history, urban, military, fantasy, fairy tales, martial arts, science fiction, games, and others.
Yoka
Series C in 2013
YOKA.com is a Chinese fashion website that caters to high-income earners seeking premium brands and an elevated quality of life. It operates as a comprehensive sub-brand under Trends Media Group, which publishes 17 magazines including Cosmopolitan, Esquire, Harper's Bazaar, and custom-made titles like Audi and Toyota. The company adheres to the principle "Think Global, Act Local," collaborating with renowned media groups through copyright agreements and joint ventures. YOKA.com provides a diverse range of fashion information, focusing on beauty, makeup, and other fashion-related products and services.
Momo
Series C in 2013
Momo operates a free location-based instant messaging application that allows smartphone users to connect with people nearby, share texts, audio notes, and photos, and find like-minded individuals. Since its launch in August 2011, Momo has amassed 80 million users, with 13 million daily active users and 39 million monthly active users. The platform facilitates one-on-one and group conversations, generating an average of 500 million messages daily. Momo Inc., headquartered in Beijing, China, provides a mobile-based social and entertainment platform that includes features like live videos, short videos, social games, and other interactive experiences to enhance social relationships based on locations, interests, and recreational activities. Founded in 2011, the company aims to connect users through its Momo mobile application and related services.
Adelphic
Series A in 2012
Adelphic, Inc. is a company that specializes in developing a mobile and cross-channel programmatic advertising platform aimed at connecting brands with audiences. Founded in 2011 and based in Waltham, Massachusetts, Adelphic offers a self-service software solution that allows non-technical users to manage advertising campaigns effectively. Its platform is designed to facilitate meaningful engagements with consumers across various devices and formats, utilizing real-time bidding capabilities to ensure global reach. Key features of the platform include a campaign management portal, Audience Cube for data segmentation and insights, and predictive performance engine solutions. Adelphic primarily serves agencies, brands, and large media buyers, enabling them to overcome user identification limitations in digital advertising by providing rich, detailed profiles of consumers. As of early 2017, Adelphic operates as a subsidiary of Viant Technology Inc.
Momo
Series B in 2012
Momo operates a free location-based instant messaging application that allows smartphone users to connect with people nearby, share texts, audio notes, and photos, and find like-minded individuals. Since its launch in August 2011, Momo has amassed 80 million users, with 13 million daily active users and 39 million monthly active users. The platform facilitates one-on-one and group conversations, generating an average of 500 million messages daily. Momo Inc., headquartered in Beijing, China, provides a mobile-based social and entertainment platform that includes features like live videos, short videos, social games, and other interactive experiences to enhance social relationships based on locations, interests, and recreational activities. Founded in 2011, the company aims to connect users through its Momo mobile application and related services.
Adelphic
Seed Round in 2012
Adelphic, Inc. is a company that specializes in developing a mobile and cross-channel programmatic advertising platform aimed at connecting brands with audiences. Founded in 2011 and based in Waltham, Massachusetts, Adelphic offers a self-service software solution that allows non-technical users to manage advertising campaigns effectively. Its platform is designed to facilitate meaningful engagements with consumers across various devices and formats, utilizing real-time bidding capabilities to ensure global reach. Key features of the platform include a campaign management portal, Audience Cube for data segmentation and insights, and predictive performance engine solutions. Adelphic primarily serves agencies, brands, and large media buyers, enabling them to overcome user identification limitations in digital advertising by providing rich, detailed profiles of consumers. As of early 2017, Adelphic operates as a subsidiary of Viant Technology Inc.
Maizhuo
Series A in 2012
Maizuo Network is a ticketing platform based in Shenzhen, China, that provides a comprehensive movie service to users. Established in 2008 by Shenzhen Huayu Information Technology Co, Maizuo has expanded its reach to cover 37 first-tier and second-tier cities across the country. The platform offers various services, including access to movie information, online ticket purchases, and user interactive social networking features. Additionally, it provides sales for movie-related products. Maizuo has built a strong reputation for reasonable ticket prices and has attracted over one million users to its services, facilitating increased attendance at theaters.
Momo
Series A in 2011
Momo operates a free location-based instant messaging application that allows smartphone users to connect with people nearby, share texts, audio notes, and photos, and find like-minded individuals. Since its launch in August 2011, Momo has amassed 80 million users, with 13 million daily active users and 39 million monthly active users. The platform facilitates one-on-one and group conversations, generating an average of 500 million messages daily. Momo Inc., headquartered in Beijing, China, provides a mobile-based social and entertainment platform that includes features like live videos, short videos, social games, and other interactive experiences to enhance social relationships based on locations, interests, and recreational activities. Founded in 2011, the company aims to connect users through its Momo mobile application and related services.
Adelphic
Seed Round in 2011
Adelphic, Inc. is a company that specializes in developing a mobile and cross-channel programmatic advertising platform aimed at connecting brands with audiences. Founded in 2011 and based in Waltham, Massachusetts, Adelphic offers a self-service software solution that allows non-technical users to manage advertising campaigns effectively. Its platform is designed to facilitate meaningful engagements with consumers across various devices and formats, utilizing real-time bidding capabilities to ensure global reach. Key features of the platform include a campaign management portal, Audience Cube for data segmentation and insights, and predictive performance engine solutions. Adelphic primarily serves agencies, brands, and large media buyers, enabling them to overcome user identification limitations in digital advertising by providing rich, detailed profiles of consumers. As of early 2017, Adelphic operates as a subsidiary of Viant Technology Inc.
Yoka
Series B in 2011
YOKA.com is a Chinese fashion website that caters to high-income earners seeking premium brands and an elevated quality of life. It operates as a comprehensive sub-brand under Trends Media Group, which publishes 17 magazines including Cosmopolitan, Esquire, Harper's Bazaar, and custom-made titles like Audi and Toyota. The company adheres to the principle "Think Global, Act Local," collaborating with renowned media groups through copyright agreements and joint ventures. YOKA.com provides a diverse range of fashion information, focusing on beauty, makeup, and other fashion-related products and services.
Huddler
Series B in 2011
Huddler is a digital media company based in San Francisco that specializes in enhancing online enthusiast communities. Its proprietary technology platform allows existing discussion forums to integrate various features, including product reviews, wiki articles, image galleries, and blogs, thereby increasing user engagement. Huddler connects brands with over 24 million passionate consumers across various interest areas, such as parenting, fashion and beauty, consumer technology, and outdoor sports. Through its platform, Huddler provides marketers with opportunities for targeted advertising campaigns, brand ambassador programs, and market research, all within a contextually relevant environment. This innovative approach fosters meaningful interactions between consumers and brands, making Huddler a significant player in the digital media landscape.
Sound Group
Series B in 2011
Guangzhou Lizhi Network Technology Co., Ltd. operates an interactive audio community and entertainment platform in China, primarily through its Lizhi app, which allows users to record, edit, store, and share their voices on mobile devices. Founded in 2010 and based in Guangzhou, the company focuses on enabling individuals to showcase their vocal talents and connect through audio content. Lizhi provides a variety of services, including podcasts, audio live streaming, and other interactive features, fostering a vibrant community of audio content creators. The company has also formed partnerships, such as with Xpeng Motors, to integrate its audio offerings into in-car systems. Lizhi aims to create a global audio community that transcends cultural boundaries, promoting user engagement and diverse entertainment experiences through voice.
Tuan800
Series A in 2010
Tuan800 is a prominent independent Groupon aggregator in China, operating two main websites: Zhe800.com and Hui800.com. Established in 2010, Tuan800 specializes in compiling and integrating coupons and special offers from thousands of websites on a daily basis. It provides users with comprehensive links and information lists to aid in their purchasing decisions. With its focus on digital platforms for discount coupons, Tuan800 has established itself as a leading entity in the industry, recognized for its ability to assist consumers in navigating the vast array of available promotions.
Sound Group
Series A in 2010
Guangzhou Lizhi Network Technology Co., Ltd. operates an interactive audio community and entertainment platform in China, primarily through its Lizhi app, which allows users to record, edit, store, and share their voices on mobile devices. Founded in 2010 and based in Guangzhou, the company focuses on enabling individuals to showcase their vocal talents and connect through audio content. Lizhi provides a variety of services, including podcasts, audio live streaming, and other interactive features, fostering a vibrant community of audio content creators. The company has also formed partnerships, such as with Xpeng Motors, to integrate its audio offerings into in-car systems. Lizhi aims to create a global audio community that transcends cultural boundaries, promoting user engagement and diverse entertainment experiences through voice.
Verivue
Series C in 2009
Verivue, Inc. specializes in developing and marketing high-performance IP platforms designed for network operators to efficiently distribute, deliver, and control large volumes of IP-based media traffic across various devices. The company provides solutions that enhance content delivery for both managed and unmanaged service provider networks. One of its key offerings, the OneVantage Content Delivery Solution, leverages principles of web scale and cloud computing, ensuring scalability in content caching and delivery bandwidth while incorporating advanced clustering techniques for resilience. Verivue markets its products through direct sales and international distribution partners, focusing on licensed content-delivery network technologies.
Baofeng
Series C in 2008
Baofeng is a Chinese company specializing in video software, notably known for its flagship product, the Baofeng Storm Codec. The company provides Internet audio and video playback solutions for various industries, including VR, TV, video, and sports. Baofeng's services cater to media companies such as Sohu.com and PPS, offering a range of content and service scenarios to users. Founded in 2007 and headquartered in Beijing, China, Baofeng continues to innovate in the digital media space.
Verivue
Series B in 2008
Verivue, Inc. specializes in developing and marketing high-performance IP platforms designed for network operators to efficiently distribute, deliver, and control large volumes of IP-based media traffic across various devices. The company provides solutions that enhance content delivery for both managed and unmanaged service provider networks. One of its key offerings, the OneVantage Content Delivery Solution, leverages principles of web scale and cloud computing, ensuring scalability in content caching and delivery bandwidth while incorporating advanced clustering techniques for resilience. Verivue markets its products through direct sales and international distribution partners, focusing on licensed content-delivery network technologies.
ENVIO Networks
Series B in 2008
ENVIO Networks, Inc. is a company that specializes in providing a platform for social marketing of mobile content. Its envIOWorks platform creates an interactive experience for users across mobile and social networks, facilitating content discovery and enhancing the utilization of premium mobile content. Additionally, the company designs and develops wireless messaging and content management solutions, positioning itself at the intersection of mobile technology and social engagement. Through its innovative offerings, ENVIO Networks aims to improve user interaction and content accessibility in the mobile space.
Verivue
Series A in 2007
Verivue, Inc. specializes in developing and marketing high-performance IP platforms designed for network operators to efficiently distribute, deliver, and control large volumes of IP-based media traffic across various devices. The company provides solutions that enhance content delivery for both managed and unmanaged service provider networks. One of its key offerings, the OneVantage Content Delivery Solution, leverages principles of web scale and cloud computing, ensuring scalability in content caching and delivery bandwidth while incorporating advanced clustering techniques for resilience. Verivue markets its products through direct sales and international distribution partners, focusing on licensed content-delivery network technologies.
Aipai
Series B in 2007
Aipai is a developer of a comprehensive video editing and sharing platform that specializes in creating engaging content for gamers and social media users. The core product, also named Aipai, integrates various advanced features, including video authoring software that supports screen recording, game footage capture, and video clips enhanced with background music and special effects. This functionality allows users to create dynamic photo albums and share their gaming experiences through live broadcasts and interactive social features. By offering a complete suite of tools for video creation and sharing, Aipai caters to the growing demand for high-quality, personalized video content in the digital landscape.
Digital Music India
Venture Round in 2006
Digital Music India operates a broadband out-of-home media and digital signage network in India. It offers customized technology to address the digital signage space in the retail environment. The company provides vJive engine, an Internet-based broadband media streaming engine, which is used as the carrier to transport ads to a digital screen anywhere in the world. It delivers digital marketing solutions with quantifiable results by connecting businesses with customers in India through point-of-purchase advertising solutions and emerging applications. The company was founded in 2004 and is headquartered in Mumbai, India with additional offices in New Delhi and Bangalore.
The James Law Firm
Series C in 2006
Directory M specializes in online advertising, focusing on engaging audiences of business and technology publications. The company develops targeted advertising solutions designed to reach specific demographics within these sectors, enabling advertisers to effectively connect with potential customers. By leveraging its expertise in digital marketing, Directory M aims to enhance the visibility of brands and products in a competitive landscape.
Arroyo Video Solutions
Series B in 2005
Arroyo Video Solutions is a video on demand company based in the United States that specializes in developing innovative video platforms. These platforms enable operators to deliver a range of video applications effectively. The company was acquired by Cisco Systems on August 21, 2006, further enhancing its capabilities and reach within the video services market. Arroyo Video Solutions plays a significant role in streamlining the delivery of video content, catering to the growing demand for on-demand media services.
Blue Dolphin Group
Series C in 2003
Blue Dolphin Group is an online retailer based in Huron, Ohio, specializing in the sale of magazines across a wide range of categories. The company provides low-cost subscription services for various titles, periodicals, and special interest publications, catering to diverse interests such as animals, sports, health and fitness, cooking, and entertainment. In addition to traditional print magazines, Blue Dolphin Group offers digital magazine options, ensuring that readers have access to the latest news and updates from their preferred genres. By focusing on affordability and variety, the company aims to enhance the reading experience for its customers.
Blue Dolphin Group
Series C in 2002
Blue Dolphin Group is an online retailer based in Huron, Ohio, specializing in the sale of magazines across a wide range of categories. The company provides low-cost subscription services for various titles, periodicals, and special interest publications, catering to diverse interests such as animals, sports, health and fitness, cooking, and entertainment. In addition to traditional print magazines, Blue Dolphin Group offers digital magazine options, ensuring that readers have access to the latest news and updates from their preferred genres. By focusing on affordability and variety, the company aims to enhance the reading experience for its customers.
Digital Fountain
Series D in 2001
Digital Fountain specializes in software solutions for broadcast and real-time data transport, focusing on the optimization of digital media delivery across various networks. The company's technology addresses the typical constraints faced in digital media distribution, both on private and public networks. By enhancing the efficiency of data transport, Digital Fountain enables its clients to maximize their existing infrastructure investments and pursue new revenue opportunities. Through its innovative approach, the company provides reliable solutions for delivering data and rich media, catering to the evolving needs of the digital landscape.
Blue Dolphin Group
Series B in 2001
Blue Dolphin Group is an online retailer based in Huron, Ohio, specializing in the sale of magazines across a wide range of categories. The company provides low-cost subscription services for various titles, periodicals, and special interest publications, catering to diverse interests such as animals, sports, health and fitness, cooking, and entertainment. In addition to traditional print magazines, Blue Dolphin Group offers digital magazine options, ensuring that readers have access to the latest news and updates from their preferred genres. By focusing on affordability and variety, the company aims to enhance the reading experience for its customers.
Digital Fountain
Series C in 2000
Digital Fountain specializes in software solutions for broadcast and real-time data transport, focusing on the optimization of digital media delivery across various networks. The company's technology addresses the typical constraints faced in digital media distribution, both on private and public networks. By enhancing the efficiency of data transport, Digital Fountain enables its clients to maximize their existing infrastructure investments and pursue new revenue opportunities. Through its innovative approach, the company provides reliable solutions for delivering data and rich media, catering to the evolving needs of the digital landscape.
Blue Dolphin Group
Venture Round in 2000
Blue Dolphin Group is an online retailer based in Huron, Ohio, specializing in the sale of magazines across a wide range of categories. The company provides low-cost subscription services for various titles, periodicals, and special interest publications, catering to diverse interests such as animals, sports, health and fitness, cooking, and entertainment. In addition to traditional print magazines, Blue Dolphin Group offers digital magazine options, ensuring that readers have access to the latest news and updates from their preferred genres. By focusing on affordability and variety, the company aims to enhance the reading experience for its customers.
E-mu Systems
Venture Round in 1990
E-mu Systems is a developer and manufacturer of digital audio products tailored for musicians and audio professionals. The company specializes in designing and marketing a range of products, including audio interfaces, software instruments, digital audio systems, performance keyboards, and wireless accessories. E-mu Systems aims to provide high-quality audio solutions, exemplified by their premium studio-grade audiophile reference headphones, which feature a lightweight design and an adjustable leather headband for enhanced comfort and flexibility. Their products are made available through online platforms, local retail stores, and various distributors, catering to the needs of discerning music listeners and industry professionals alike.
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