스킵네비게이션

Enterprise Together with KSC

Company Overview
1. Providing global distribution service to every artist in the world 2. Providing a website where artists can upload their songs anytime and anywhere and delivering them to the global DSPs using DDEX technology 3. Delivering the most accurate and transparent information 4. Providing promotional opportunity to all artists distributing their music with Sound Republica

Sectors

  • Global Online Music Distribution

Project Summary

  • Online Global Music Distribution and Promotion Service
  • Which the Audience Selects Songs For Promotion

Business Model

  • Revenue model Commission for music distribution service
  • Key Customer Music artists all over the world
Major Performance

  • Sales

    • 2018-$30K
    • 2019-$367K
    • 2020-$1,227K

  • Investment

    • $1.9MM
    • Angel/TheVentures/
    • Korea Technology
    • Finance Corporation/
    • New Paradigm
    • Investment

  • Employees

    • 2018-30
    • 2019-30
    • 2020-30
    • 2020(1H)-30

  • Patent

    • 1 Certificate of Patent,
    • 1 Trade Mark
    • Registration
Overseas Expansion

Stage

Generating sales

Status

Generating sales from over 180 countries worldwide

Performance

Distributing music to more than 200 streaming stores in over 180 countries Overseas revenue $100K(‘20)

Short-term goals in three years
  • 2022, Profit making(Break even in ‘22 2H)
  • 2024, 1% market share in global online music distribution market
  • 2025, $180MM revenue
Products / Services
1 2
Target Country
France
Date of Establishment
Feb. 22, 2018
  • CEO
    Taeyoon Terry Kim / Kunsik Marty Ro
  • Founder’s Background
    • Taeyoon Terry Kim
    • Donga Newspaper, Bain & Co.(’97~’08)
    • CJ, Lotte, E-land, Hanssem(’08~’17)
    • SNU(’92~’97) Kellogg MBA(‘04~‘06)
    • Kunsik Marty Ro
    • Metropolis Music Korea Head(’11~’18)
    • Abbey Road Korea Agent(’14~’18)
    • Korea University(’92~’97)
목록