Epidemic Sound Explained

Epidemic Sound AB
Founders:Peer Åström
David Stenmarck
Oscar Höglund
Jan Zachrisson
Hjalmar Winbladh
Industry:Music
Type:Private
Hq Location:Stockholm, Sweden
Parent:EQT Partners (2017)
Footnotes:[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]

Notes and References

  1. Web site: Företagsinformation, Epidemic Sound . . 2009-04-23 . sv . 2023-12-28. 28 December 2023. https://web.archive.org/web/20231228184215/https://www.hitta.se/f%C3%B6retagsinformation/epidemic+sound+ab/5567810899.
  2. Web site: Bradshaw. Tim. 2019-07-04. London in for wild ride as Ola takes on Uber. Financial Times.
  3. News: Epidemic Sound Said to Consider Options for Online Music Vault. Bloomberg . November 17, 2020. www.bloomberg.com.
  4. Web site: 2019-07-01. Epidemic Sound wants to soundtrack the world. 2021-05-25. Sifted. en-US.
  5. Web site: Check out Epidemic Sound US on Inc.com!. Inc.com.
  6. News: Swedish start-up Epidemic Sound tunes into demand for original music. Helena. Soderpalm. Reuters . December 6, 2019. www.reuters.com.
  7. Web site: 2021-03-11. Epidemic Sound raises $450M at a $1.4B valuation to 'soundtrack the internet'. Techcrunch. en-US.
  8. Web site: Sindra . Grahn . Louise . Josborg . 2012-09-17 . "Rättigheterna är borta för alltid" . 2022-09-08 . SVT Nyheter . sv.
  9. Web site: Farran-Lee . Lydia . 2012-10-04 . Avtal missgynnar kompositörer . 2022-09-08 . SVT Nyheter . sv.