
Audio Network
Listen and purchase audio tracks.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
$215m Valuation: $215m 7.1x EV/Revenue 23.5x EV/EBITDA | Acquisition | ||
Total Funding | 000k |

GBP | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | 25 % | 13 % | (21 %) | 7 % | 39 % | 1 % | (53 %) |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | 35 % | 37 % | 30 % | 36 % | 37 % | 37 % | - |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | 25 % | 27 % | 26 % | 31 % | 27 % | 27 % | 1198 % |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Audio Network is a music company that provides original music for use in film, television, and video productions. The company was founded in 2001 by Andrew Sunnucks and Robert Hurst with the goal of creating a library of high-quality music that was straightforward to license. Sunnucks, a record producer and composer, and Hurst, a media composer, aimed to simplify the often complex music licensing process by offering a catalog where all rights, including performance and master rights, are pre-cleared for worldwide use in perpetuity.
The business operates on a music licensing model. It grants licenses to its extensive catalog of over 200,000 tracks, all of which are owned by Audio Network. This direct ownership model allows the company to offer a simple licensing process, a key differentiator in the market. Clients, which range from major television and advertising production companies to professional and amateur creators, can purchase licenses for individual tracks or subscribe for broader access. The music is created by a diverse roster of over 1,000 composers, artists, and producers. In 2019, the company was acquired by Entertainment One (eOne), which was subsequently acquired by Hasbro and later sold to Lionsgate.
The platform's services are designed for content creators who need quality music without the legal complexities of traditional licensing. Users can search the catalog using various filters such as genre, mood, and instrumentation to find suitable tracks for their projects, which include commercials, films, corporate videos, and YouTube content.
Keywords: music licensing, production music, royalty-free music, stock music, sync licensing, background music, film music, television music, content creation, video production
Tech stack
Investments by Audio Network
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