Soundstripe Announces $7.5M Payment to Artists and 10M Total Music and Media Licenses Amid Continued Growth

The growing diversity of our catalog and our new creator-centric subscription plans provide even more options for creators to enhance their projects with high-quality music and other content.

—Vanessa Beeswanger

NASHVILLE, TENNESSEE, USA, April 13, 2022 /EINPresswire.com/ — Soundstripe, a leading provider of unlimited, high-quality, royalty-free music, video and sound effects for creators, which was recently named the fastest-growing private media company in southeast by Inc. Magazine, announced that it has paid more than $7.5 million to musicians since its inception in 2016. The company has also licensed more than 10 million songs, sound effects and videos since its inception, including 3.5 million in 2021. As its substantial growth and dedication to the creative community continues to be recognized by the industry, Soundstripe is now rolling out a new look and committing to add diversity in its leadership ranks.

Founded in 2016 by Travis Terrell (co-CEO), Micah Sannan (co-CEO) and Trevor Hinesley (CTO), Soundstripe’s primary goal has always been to “keep creators creative”, which will remain at the heart of what the company does. To that end, Soundstripe has optimized the look and feel of its catalog, with customers now finding and downloading the songs they need in less than 5 minutes on average. The company also continues to expand its catalog offering, signing 10 new artists to production deals over the past year with more deals expected to be announced in the coming months. These artists are usually contracted for specific genre needs, creating 5-6 songs per month with great creative freedom. This approach has led to a 23% growth in Soundstripe’s music catalog in 2021 with 1,500 new songs joining its ranks, as well as a 21% growth in sound effects with over 11,000 new options. Soundstripe also significantly expanded its stock video offering, with over 45% growth and almost 30,000 new music videos added.

Additionally, with 9,200% growth from 2016 to 2021, Soundstripe was recently recognized by Inc. Magazine, which named Soundstripe the fastest growing private media company in the Southeast on its 2022 Inc list. Regionals: Southeast. An extension of Inc. 5000, which lists the 5,000 fastest growing private companies in the United States, Inc. Regionals ranks the fastest growing companies in a particular region, looking at both sustainable growth and jobs on a period of two years.

To support this growth, Soundstripe is rolling out a new look today with the aim of “bring back the joy.” The company also recently overhauled its pricing structure to provide the best value for creators. New plan options include a Creator plan for $9.99 per month, a Pro plan for $19.99 per month, and a Pro Plus plan for $39.99 per month. The Pro plan is recommended as the ideal package for freelancers who create commercial content, as it includes unlimited commercial and customer use, advanced YouTube clearance tools, extensive monetization on YouTube, and access to Adobe Premiere Pro and Final extensions CutPro. Learn more about the new pricing here: https://app.soundstripe.com/pricing

Soundstripe is also focused on continuing to diversify its leadership ranks, recently bringing two women into leadership roles: Vanessa Beeswanger, vice president of marketing, and Lauren Cutrell, vice president of product. As they continue to sign new artists to production deals, the company is prioritizing the arrival of diverse artists from around the world, with an emphasis on female artists and people of color. Going forward, they will have an 18-seat roster of artists with production deals that rotate every three months, allowing even more prospects to shine.

“We are entering a very exciting phase in the future of Soundstripe,” said Travis Terrell, co-founder and co-CEO of Soundstripe. “With our new look and customer-focused pricing structure comes our continued commitment to serving creators in the most helpful way possible. Our strong relationships with creators are essential to the success and growth of Soundstripe, and I look forward to seeing what we will accomplish together.

“The growing diversity of our catalog and our new creator-centric subscription plans provide even more options for creators to enhance their projects with high-quality music and other content,” said Beeswanger. “We are thrilled to announce these enhancements as we reach the milestone of 10 million licenses.”

About Soundstripe
Soundstripe is one of the fastest growing providers of unlimited, royalty-free music, video, and sound effects for use in videos, podcasts, and other multimedia projects. It is driven by a unique subscription model that allows content creators to pay fees for the use of all media in Soundstripe’s catalog, with pay-per-view licenses also available. This approach has led to the issuance of over 10 million licenses for tens of thousands of customers in over 140 countries since Soundstripe’s inception in 2016.

The company is based in Nashville and was named to the Top 100 of the 2022 Inc. Regionals list and the 2020 Inc. 5000 list, cementing its place as one of the fastest growing private companies in the United States. . She was shortlisted for The Tennessean’s Top Workplaces List in 2019 and 2020, winning special awards for Values ​​and Best Leadership for co-founders Travis Terrell, Micah Sannan and Trevor Hinesley. Soundstripe also won the Game-Changing Startup award in the Entertainment, Sports and Media category at the Nashville Entrepreneur Center’s 2019 NEXT Awards, and was named one of the city’s Top 10 Startup Cultures by Powderkeg. For more information, visit soundstripe.com.

Laurie Jakobsen
Jaybird Communications
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