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Epidemic Sound

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Epidemic Sound AB
Company typePrivate
IndustryMusic
FoundedJune 18, 2009; 15 years ago (2009-06-18)
FoundersPeer Åström
David Stenmarck
Oscar Höglund
Jan Zachrisson
Hjalmar Winbladh
HeadquartersStockholm, Sweden
Revenue78,496,922 Euro (2021) Edit this on Wikidata
Number of employees
439 (2021) Edit this on Wikidata
Websiteepidemicsound.com
Footnotes / references
[1]

Epidemic Sound is a global royalty-free soundtrack providing company based in Stockholm, Sweden.[2]

The company was established in 2009 by Peer Åström, David Stenmarck, Oscar Höglund, Hjalmar Winbladh and Jan Zachrisson.[3][4]

It has a library of over 40,000 soundtrack music and 90,000 sound effects. All Epidemic Sound tracks come in stems, which lets users remove certain layers of a track, like drums, bass, or the melody. Epidemic Sound music is also played in public spaces like restaurants, hotels, shopping malls and car parks.[2][5] Epidemic Sound’s tracks are produced by a roster of music creators who get paid upfront for each track and half of the track’s streaming revenue.[6]

Epidemic Sound has partnered with many different major brands, including Adobe, Getty Images, iStock, Pinterest, and Canva. The company has raised a total of over $500M in funding over 5 rounds. Their latest equity round raised $450M from Blackstone Group and EQT Growth, which values Epidemic Sound at $1.4 billion.[7] Both SVT and TV4 buy music from Epidemic Sound.[8][9]

References

  1. ^ "Företagsinformation, Epidemic Sound". hitta.se (in Swedish). 2009-04-23. Archived from the original on 28 December 2023. Retrieved 2023-12-28.
  2. ^ a b Bradshaw, Tim (2019-07-04). "London in for wild ride as Ola takes on Uber". Financial Times.
  3. ^ "Epidemic Sound Said to Consider Options for Online Music Vault". Bloomberg. November 17, 2020 – via www.bloomberg.com.
  4. ^ "Epidemic Sound wants to soundtrack the world". Sifted. 2019-07-01. Retrieved 2021-05-25.
  5. ^ "Check out Epidemic Sound US on Inc.com!". Inc.com.
  6. ^ Soderpalm, Helena (December 6, 2019). "Swedish start-up Epidemic Sound tunes into demand for original music". Reuters – via www.reuters.com.
  7. ^ "Epidemic Sound raises $450M at a $1.4B valuation to 'soundtrack the internet'". Techcrunch. 2021-03-11.
  8. ^ Nyheter, S. V. T. (2012-09-17). ""Rättigheterna är borta för alltid"". SVT Nyheter (in Swedish). Retrieved 2022-09-08.
  9. ^ Nyheter, S. V. T. (2012-10-04). "Avtal missgynnar kompositörer". SVT Nyheter (in Swedish). Retrieved 2022-09-08.