Audiokite Explained

Audiokite Research
Type:Private
Fate:Acquired by ReverbNation
Key People:Alex Jae Mitchell (Co-Founder), Benjamin Sklovsky (Co-Founder)
Industry:Online services
Products:Market research
Online service provider
Homepage:Audiokite.com
Foundation:2014
Location:Queens, New York

Audiokite is an online market research company based in New York, offering consumer research and opinion polling to musicians and labels.[1] [2] [3] Using the Amazon Mechanical Turk service and an internal reviewer filtering process, the service streams music over the internet to U.S.-based music consumers and administers a survey.[4] The results are organized into a report, which determines eligibility for a variety of discounts and opportunities through partnerships with music services including Bandzoogle, New Artist Model, Feature.fm and others.[5]

In an article about data in the modern music industry, Forbes noted that "More and more artists are A/B-testing their music, either on their own or through market research services like Audiokite."

History

The company was founded in 2014 by the musician Alex Jae Mitchell and law student Benjamin Sklovsky, following their previous music venture.[6] Citing the accessible price point, the service earned praise from members of the music technology community following its launch.[7]

In 2015, Audiokite won the SF Music Tech Summit Startup Innovators Challenge.[8]

In 2016, the company pitched in the first Canadian Music Week Startup Launchpad.[9]

Acquisition

Audiokite was acquired by ReverbNation in November 2016 for an undisclosed sum.[10] [11] ReverbNation CEO Mike Doernberg reported the reasoning behind the acquisition was to "deliver more comprehensive and insightful information to promoters of festivals, licensing companies and radio at a much broader scale."

Notes and References

  1. Web site: How To Objectively Pick Your Best Songs (Or Find Out If You Just Completely Suck). 2015-05-11. Digital Music News. 2016-08-11.
  2. Book: Get More Fans: The DIY Guide to the New Music Business:. 10 August 2016. Jesse Cannon. 978-0-9837577-2-6. 88–. Todd Thomas. 2016.
  3. Web site: What Do The World's Highest-Paid Musicians Sound Like?. Forbes. 2016-08-11.
  4. Web site: Audiokite: Helping Music Artists Get Fast, Actionable Market Insights. Amazon. 2016-08-11.
    - Web site: The Importance of Market Research in Music. Music Biz Podcast. 2016-08-11.
  5. Web site: Audiokite Opportunities. 2016-08-11.
  6. Web site: Queens startup offers independent musicians feedback from public - QNS.com. QNS. 2016-08-11.
  7. Web site: Audiokite: Honest Feedback And Stats On Your Songs. 2014-10-27. 2016-08-11.
    - Web site: The power of data for indie musicians. 2015-04-01. 2016-08-11.
    - Web site: SoundOut vs AudioKite vs Music Xray - Passive Promotion. 2014-10-29. 2016-08-11.
    - Web site: What Artists Should Know About AudioKite - MTT - Music Think Tank. Music think tank. 2016-08-11.
    - Web site: 3 standouts from the #NYMusicTech meetup at Livestream Public - Technical.ly Brooklyn. 2014-11-03. 2016-08-11.
  8. Web site: Startups + Developers. SF MusicTech Summit. 2016-08-11.
    - Web site: SF MusicTech Names 2015 Startup Innovators Challenge Winners. Hypebot. 2016-08-11.
  9. Web site: Meet The Seven Music Startups That Were Featured At Canadian Music Week. McIntyre. Hugh. 2016-08-11. Forbes.
  10. Web site: ReverbNation Acquires AudioKite To Better Consumer Research For Musicians . McIntyre. Hugh. 2017-03-10. Forbes.
  11. Web site: REVERBNATION ACQUIRES USER REVIEW SITE AUDIOKITE. 2017-03-10. MusicBusinessWorldwide.
    - Web site: ReverbNation Acquires Audiokite Fan Feedback Platform. Houghton. Bruce. 2017-03-10. Hypebot.