Amuse
The World's First Mobile Record Label.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $15.5m | Series A | |
| Total Funding | 000k | ||
| EUR | 2016 | 2017 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 566 % | - | 61 % | (40 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | - | (15 %) | 2 % | (2 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Amuse is a digital music distribution company that provides services to independent artists and management teams. The company's platform allows artists to release their music to a wide range of digital music stores and streaming services worldwide, including Spotify, Apple Music, and YouTube Music.
The business model is based on a tiered subscription service. While it offers a free tier that allows artists to distribute their music and keep 100% of their royalties, it also has paid plans that offer more features, such as faster release times, access to more stores, and advanced analytics. This freemium model allows the company to attract a large user base of emerging artists, with the potential to upsell them to premium plans as their careers develop.
Amuse's target market is the growing segment of do-it-yourself (DIY) and independent artists who want to maintain control over their music and career. The company provides them with the tools to manage their music distribution, track their streams and royalties, and access data and insights through a mobile application, available on both Android and iOS. This mobile-first approach caters to the needs of a generation of artists who are used to managing their lives and work from their smartphones.
In addition to music distribution, Amuse also offers funding opportunities to a select group of artists. Through its data-driven approach, the company identifies promising artists on its platform and offers them licensing deals, providing them with financial support and marketing resources to help them advance their careers.
Keywords: music distribution, independent artists, royalty retention, mobile app, music streaming, DIY artists, artist services, music funding, digital music, freemium model