BandLab, the social music creation platform owned by Singapore-based BandLab Applied sciences, simply reached a major milestone.
The app has surpassed 100 million registered customers, which signifies that it has added 40 million customers since January 2023, when, as MBW reported on the time, the app confirmed that it had 60 million registered customers.
Information of BandLab’s 100 million person milestone was first reported by Bloomberg this afternoon (March 21).
Talking with Bloomberg, BandLab Applied sciences CEO Meng Ru Kuok, mentioned: “It’s humorous while you get to those giant milestones, particularly one thing like 100 million, which is barely arduous to fathom by way of the dimensions of the quantity”.
In December, Meng Ru Kuok was named MBW’s Entrepreneur Of The 12 months award winner for 2023/2024. He advised us on the time that he predicts there will probably be 1 billion music creators “by 2030, probably even sooner”.
Bloombergreported on Thursday that BandLab’s customers in the USA, its largest market, account for round 30% of the app’s person base.
As reported earlier this month, a type of customers, d4vd, lately reached a major milestone of his personal, after racking up over 1 billion streams on Spotify together with his lo-fi indie monitor Romantic Murder – produced utilizing BandLab’s free iOS app.
“BandLab isn’t just a software, however an ecosystem nurturing the following technology of artists.”
Meng Ru Kuok, talking with MBW earlier this month
He launched Romantic Murder through DistroKid in July 2022 and the monitor went viral on TikTok by September that 12 months. The monitor’s success led to d4vd signing to main label powerhouse Interscope/Darkroom, residence of Billie Eilish. He additionally signed a publishing cope with Sony Music Publishing.
Meng Ru Kuok advised MBW earlier this month that BandLab is “proud that an artist’s journey can start with us and result in world success”.
He added: “BandLab isn’t just a software, however an ecosystem nurturing the following technology of artists.”
BandLab, partly constructed on AI-driven tech, claims to be “the world’s largest social music creation platform”.
In Could 2023, BandLab’s dad or mum firm, BandLab Applied sciences secured $25 million in a Sequence B1 funding spherical that raised the corporate’s valuation to $425 million post-money.
BandLab additionally runs an AI-powered software known as SongStarter that permits customers to generate musical “concepts”, together with beats, melodies, and chord progressions, that may then be constructed upon through the principle BandLab platform.
In August, BandLab turned the primary music creation platform to help the Human Artistry Marketing campaign, which goals to defend the ‘irreplaceable position of human artistry’ and promote the usage of ‘moral’ AI.
On the time, BandLab mentioned that it had seen 15X development within the quantity of music being created utilizing its AI instruments.
In October, BandLab partnered with the world’s largest music rightsholder, Common Music Group (UMG), on what they known as “an expansive, industry-first strategic relationship targeting synthetic intelligence”.
Based on UMG, the partnership will probably be “centered on empowering the following technology of artists, together with inside BandLab’s world neighborhood”.
BandLab has additionally been increasing its suite of creator instruments in latest months. In November, for instance, BandLab launched a distribution service in partnership with FUGA for its customers to add their music straight to streaming providers.
In January, BandLab launched a licensing service for its customers to make their songs eligible for use in TV, movies, video games and promoting.
In the beginning of March, BandLab launched ‘Backstage Cross’, described as “an early-access, experimental program” for brand new creator instruments and social options.
BandLab Applied sciences is owned by dad or mum firm Caldecott Music Group, which was shaped in 2021 to accommodate three divisions together with BandLab Applied sciences, plus Vista Musical Devices, and NME Networks.Music Enterprise Worldwide
