LyricFind Company Research Report

Company Overview

• Name: LyricFind

• Mission of the Company: To empower and innovate through lyrics.

• Founded: 2004

• Founders: Darryl Ballantyne (CEO), Mohamed Moutadayne (CTO), and Chris Book (Board of Directors).

• Headquarters: Toronto, Ontario, Canada.

• Number of Employees: 100+

• Revenue: No information is available.

• Company Known For: LyricFind is known for being the world leader in lyric monetization and providing licensed lyrics and monetization services, ensuring songwriters and publishers earn royalties from their lyrics.

Products

• Lyric Display

• Description: Licensed and verified lyrics that can be displayed on various platforms and services.

• Key Features: Reliable and accurate lyric display.

• Lyric Search

• Description: Allows users to search through an extensive catalogue of lyrics.

• Key Features: Extensive database of lyrics for easy searching.

• Translations

• Description: Provides lyric translations to make music understandable globally.

• Key Features: High-quality translations of lyrics for international accessibility.

• Videos

• Description: Stunning video content creation with no editing skills required.

• Key Features: Easy synchronization and integration with lyrics.

• LyricIQ

• Description: Tools to dive deeper into the lyric content of songs.

• Key Features: Insightful analysis of lyrics.

• LyricAssist

• Description: Transcription and synchronization tool with simplicity.

• Key Features: Efficient transcribe and sync functionalities.

• Administration

• Description: High-quality royalty reporting system.

• Key Features: Detailed and trusted publisher royalty reporting.

• LyricMerch

• Description: Licensing for lyrics to be used on merchandise and more.

• Key Features: Expansive licensing options for various products.

Recent Developments

• New Features and Developments:

• October 17, 2024: Introduction of LyricFind's New Verified Artist Program.

• May 31, 2024: Reached 10 million songs in their lyric licensing database in celebration of their 20th anniversary.

• February 7, 2024: Announced a strategic partnership with Sockets, Inc.

• January 23, 2024: Partnership and tech integration with Tuned Global.

• December 19, 2023: Acquired Rotor Videos and announced a partnership with CD Baby.

• September 13, 2023: Partnership with IPRS to monetize lyric display in India.

• New Partnerships:

• December 13, 2023: Expanded partnership with Music Story.

• June 21, 2023: Growing international operations, particularly in India and Sub-Saharan Africa.

• Technological Integration:

• New integrations and partnerships with various platforms, enhancing global lyric licensing and increasing access to lyrics worldwide.

Additional Information

LyricFind is widely recognized for its efforts to provide a fair remuneration model for artists and rightsholders. The company's foundation works alongside organizations to bolster music access and language reclamation programs, providing diverse and inclusive opportunities in the music domain globally. The corporate culture at LyricFind is noted for its inclusivity, transparency, and commitment to innovation within the music and tech industries.

Note: This report strictly contains information derived from the data provided. Fields with no available information are marked accordingly.