Epidemic Sound, a Swedish headquarters music producer, published an annual report in 2024.
The financial highlights of the report include: 29% yoy Revenue It has reached 192.1 billion wonor $ 1862 million At the average exchange rate in 2024.
Meanwhile, the adjusted EBITDA of the epidemic has soared. 150% yoy to 147 million ($ 13.9 million), Unjoided EBITDA has increased to 24 times. SEK 170 million ($ 10.13 million).
“Since 2009, epidemic sound has grown from ambitious ideas to world -class power plants and major sound track platforms. Oscar Hogle Lund I wrote an annual report in the introduction.
According to the annual report of Epidemic Sound, the company has more than 50,000 music tracks and 200,000 “Hollywood-Grade” sound effects, and the library has increased due to the recent acquisition. SoundlyHöglund described it as “one of the world’s best sound effects.”
Höglund said, “Our customers benefit by choosing more than 250,000 quality tracks and sound effects.” Höglund added an infectious disease plan to continue M & A activities and said, “We can continue our M & A activities to continue our ‘Tuck-In’ investment that can accelerate our strategy.
The EPIDEMIC SOUND, released in 2009, pays a fixed fee for all tracks created by the artist.
Infectious Disease Sound Paid Artist in 2024 USD $ 1,500 to $ 8,000 Recently, the bottom of the range is rising per track. $ 1,775.
The business model says, “The tracks and sounds without 100% affiliates provide the ability to claim that it is the only company that completely owns music in this space.
A flat model model for artists Uploaded eyebrows In the music industry, the company emphasizes a variety of ways to expand the proportion of profit pies for artists for many years.
When I started distributing music in 2015 Youtube Music streaming service, epidemics have been implemented 50-50 minutes With the Royalty Artist of the Music Trimmer.
Since 2021, the epidemic has distributed the “Sound Track Bonus” to artists in proportion to the popularity of the track on the company platform. In 2024, there was a total bonus pool. $ 2.9 millionIt increased from $ 2.5 million in the previous year.
“Infectious disease sound also provides artists with freedom to work according to non -monopoly contracts and can work at the same time.
The company also has a growing popularity of music, and the video has been reported that the sound track track is now receiving 3 billion views a day in YouTube and Tiktok, and that you have 2.3 billion views per day.
This increased from 2.5 billion Youtube/Tiktok views last year.
Höglund emphasized some of these success in this year’s report. Victor Lundberg and Gamma sky road SeasonsIt is over 30 million views Appeared in the YouTube series I turn into a vampire From ~ My story animation (MSA).
“We will continue to use M & A to affect the ‘TUCK-In’ investment that will accelerate your strategy.”
Oscar Hogegland, Penetty Sound
He also emphasized the list of notable musicians and the company’s partnerships, including guitarists. Johnny Marr To smithTechno DJ Richie hawtinAnd yes unknown candidate Jordan Spark.
Höglund said, “This partnership not only enriches our music catalogs, but also provides unique mentorship opportunities for emerging artistic talents, and can provide richer and diverse music choices for the creators.
A Blog Last year, the company declared that it would help to replace artists rather than replacing artists using AI by presenting an approach to AI.
The company also stressed that the use of AI should focus on the demands of the end users of music.
“We will develop additional AI driving music discovery functions and adaptation tools by maintaining a laser center for the user’s needs,” said Epidemic.World music business
