About Broadcast Music
Broadcast Music is a company based in Nashville (United States) founded in 1939 was acquired by New Mountain Capital in November 2023.. Broadcast Music offers products and services including Music Licensing, Royalty Distribution, and Career Tools. Broadcast Music operates in a competitive market with competitors including Epidemic Sound, Songtradr, 7digital, Tracklib and Blokur, among others.
- Headquarter Nashville, United States
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
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- Legal Name Broadcast Music, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
New Mountain Capital
(Nov 24, 2023)
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Products & Services of Broadcast Music
Broadcast Music offers a comprehensive portfolio of products and services, including Music Licensing, Royalty Distribution, and Career Tools. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers licenses for public music performances to businesses
Distributes earnings from music usage to creators worldwide
Provides resources for music creators' professional development
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Leadership Team
19 people
Creative and Marketing Team
14 people
Software Development Team
8 people
Product Management Team
5 people
Legal and Compliance
4 people
Finance and Accounting
4 people
Human Resources and Administration
3 people
Attorney Team
2 people
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Funding Insights of Broadcast Music
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Broadcast Music
Broadcast Music has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include New Mountain Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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New Mountain Capital manages investments in private equity, credit, and net lease strategies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Broadcast Music
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Broadcast Music
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Broadcast Music Comparisons
Competitors of Broadcast Music
Broadcast Music operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Epidemic Sound, Songtradr, 7digital, Tracklib and Blokur, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Music is licensed via a cloud-based platform for professional use.
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Music and sound are licensed online for commercial purposes.
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Media content provider for streaming platforms
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Tracks are discovered, bought, and licensed via an online marketplace.
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Blockchain technology is utilized for managing creative rights in music.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Broadcast Music
Frequently Asked Questions about Broadcast Music
When was Broadcast Music founded?
Broadcast Music was founded in 1939.
Where is Broadcast Music located?
Broadcast Music is headquartered in Nashville, United States. It is registered at Nashville, Tennessee, United States.
What does Broadcast Music do?
BMI is one of the three leading music rights management company and represents nearly 12 million songs of more than 750K copyright owners. It collects license fees on behalf of songwriters, composers, and music publishers and distributes them as royalties to those members whose works have been performed. In FY 2015, BMI collected more than 1 billion in licensing fees and distributed 877 million in royalties.
Who are the top competitors of Broadcast Music?
Broadcast Music's top competitors include Epidemic Sound, Songtradr and 7digital.
What products or services does Broadcast Music offer?
Broadcast Music offers Music Licensing, Royalty Distribution, and Career Tools.
Who are Broadcast Music's investors?
Broadcast Music has 1 investor. Key investors include New Mountain Capital.