Loudr
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $200k | Convertible | |
N/A | $400k | Seed | |
N/A | $400k | Seed | |
N/A | Acquisition | ||
Total Funding | $1.0m |
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EditLoudr.fm is a music licensing platform that simplifies rights management and royalty distribution for artists and creators. Operating in the music industry, Loudr.fm serves independent musicians, record labels, and digital music services. The company provides a streamlined solution for obtaining mechanical licenses, which are necessary for legally distributing cover songs and other derivative works. By automating the licensing process, Loudr.fm reduces the administrative burden on artists and ensures that royalties are accurately tracked and distributed. The business model is based on transaction fees and subscription plans, generating revenue through licensing services and premium features. Loudr.fm's market includes both emerging and established artists who seek efficient and transparent licensing solutions. The platform's user-friendly interface and robust backend technology make it a valuable tool for managing music rights in an increasingly digital landscape.
Keywords: music licensing, rights management, royalty distribution, artists, creators, mechanical licenses, digital music services, independent musicians, record labels, automated licensing