Company Research Report: LyricFind

Company Overview

• Name: LyricFind Inc.

• Mission of the Company: LyricFind was established with the vision to ensure that songwriters and lyric rightsholders are properly remunerated for the use of their creations by providing comprehensive licensing and data products for lyrics.

• Founded: 2004

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

• Key People:

• Darryl Ballantyne, CEO

• Mohamed Moutadayne, CTO

• Chris Book, Board of Directors

• Ted Cohen, Board of Directors

• Headquarters: 40 Eglinton Avenue East, Suite 400, Toronto, Ontario, M4P 3A2 Canada

• Number of Employees: Over 100 employees

• Revenue: No information is available

• What is the Company Known For:

• LyricFind is the leading company in lyric monetization, providing services such as licensing, display, search, and providing synchronized lyric delivery to various platforms and partners.

Products

• Lyric Display: Allows lyrics to be displayed online with proper licensing.

• Lyric Search: Enables users to search for lyrics, integrating into partner websites and apps.

• Translations: Offers translated lyrics and multilingual solutions for international reach.

• Videos: Provides automated services to create lyric videos and translated lyric videos.

• LyricIQ: A data intelligence tool related to lyrics.

• LyricAssist: An administrative product for managing lyric data.

• LyricMerch: Merchandise tied to song lyrics.

High-Level Description of Products and Key Features

• Lyric Display & Search: Facilitate the legal display and searchability of licensed lyrics.

• Translations: Supports global music service providers with translated lyric data.

• Lyric Videos: Automated video offerings that assist rights holders and artists in producing lyric-related visual content.

Recent Developments

• New Partnerships:

• February 7, 2024: Strategic partnership with Sockets, Inc.

• January 23, 2024: Tech integration partnership with Tuned Global.

• December 19, 2023: Partnership with CD Baby following the acquisition of Rotor Videos.

• Acquisitions:

• December 19, 2023: Acquisition of Rotor Videos, a company specializing in automated video creation for music.

• Product Launches and Features:

• June 9, 2022: Launched automated service to assist rights holders in creating lyric and translated lyric videos.

Additional Noteworthy Developments

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

• May 31, 2024: Celebrated reaching 10 million songs in their lyric licensing database as part of their 20th-anniversary year.

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

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

By focusing on expanding their reach and diversifying their offerings, LyricFind has established new partnerships and strategically acquired technology solutions to remain a leader in the lyric monetization field.

Note: For certain fields such as specific revenues, detailed features of some products, and certain internal business metrics, no explicit data was available in the provided content.