Company Logo

Empowering Australian Music: Jazz Cowboy Productions secures $42.72M in Funding to Revolutionize Music Licensing

opensea

Funding Amount
USD 427.2M
Company Size
2-10 employees
Industry
Musicians

OpenSea Music, a dynamic entrant in the music licensing arena following its merger with Jazz Cowboy Productions in 2020, has successfully raised an impressive $427 million in funding to amplify its innovative platform for Australian independent musicians. This substantial investment underscores the growing demand for unique and accessible music solutions that cater to a variety of business needs. OpenSea Music is dedicated to providing content creators and business owners access to a diverse and unique catalogue of licensed music, all cleared and mastered, ideally suited for use in films, television, advertising, podcasts, and more. The funding will enable OpenSea Music to expand its offerings, enhance its platform, and reach an even broader audience of independent artists and creators. Jazz Cowboy Productions, as part of this initiative, drives forward a vision that prioritizes sustainability and growth for artists in an ever-evolving music industry. The new licensing model established by OpenSea Music not only streamlines the process for visual media creators seeking high-quality soundtracks but also ensures that artists receive fair compensation through licensing fees and APRA/PPCA royalties. “With the changing state of the record industry, we are excited to be able to offer a new licensing model which we believe is both artist-friendly and user-friendly for visual media creators,” said a spokesperson for OpenSea Music. This funding is not just a financial milestone; it represents a commitment to elevating the independent music sector in Australia while forging pathways for collaboration and creativity.

December 26, 2024

Buying Signals & Intent

This company has expressed interest in the following products and services:

Analyzed by AI based on company activities and public data
  • Music Distribution
  • Advertising Services
  • Event Planning
  • Merchandising
  • Brand Partnership

Investors

No investors found

Key Decision Makers

Direct contact information for leadership team

Access Decision Maker Details

Get verified contact information for key decision makers at this company

Live Data Stream

Access Our Live VC Funding Database

20,000+ funded startups tracked in the last 3 months

B2B verified emails of key decision makers

Real-time company growth metrics

Live updates of new VC funding rounds

Advanced filters for sophisticated queries

Export data in multiple formats

API access of VC funding data

Access Database

Updated every 5 minutes