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Songclip raises $11M to bring more licensed music to social media

Songclip raises $11M to bring more licensed music to social media
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Songclip raises $11M to unlock $5B in revenue from music on social media, in apps

Songclip raises $11M to unlock $5B in revenue from music on social media, in apps Songclip has closed an $11 million funding round to license and monetize music on social media and other apps. Music for every use case Songclip estimates that music in apps could be a source of $5 billion in annual revenue to artists and the industry. To date, the startup has raised $22 million. Songclip’s founders are formerly from Bandsintown and Zynga. “Songclip’s mission is to protect music industry IP on behalf of the rights holders, while creating a pathway for apps to innovate with music,” said

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