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Jeff Price Now Has $2.5 Million to Change YouTube…

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Jeff Price may be the most controversial and criticized executive in the music industry today.  But this is a man who has believers: according to a just-disclosed round, the dethroned TuneCore CEO has just rallied $2 million in investor capital to propel Audiam, an ambitious attempt to tame the penniless wilds of YouTube.  That follows an earlier, $500,000 seed round.

The latest round includes a substantial list of believers, all of whom are betting that Jeff Price is the man to bring YouTube monetization to the promise land:

  • Jason Mraz
  • Brett Gurewitz (Epitaph, Bad Religion)
  • Jimmy Buffett 
  • Bill Silva (manager, concert promoter, music publisher)
  • GSO Business Group (LA-based management firm specializing in music, film/television and sports Industries)
  • Jonathan Siegel (software engineer and leading advisor to mobile and cloud companies)
  • David Willen (author and recognized leader in cloud architecture, CTO at Barnes&Noble.com, CTO at TheStreet.com, software architect at Dun & Bradstreet)
  • Scott Schreer (multiple BMI-award winning composer, CEO of global digital music fingerprinting company TuneSat, NFL on Fox Composer/Producer)

The round was first disclosed early this morning.  “Audiam launched mid-2013 with a simple mission: to get music publishers, labels and artists paid for the use of their music in YouTube,” Jeff Price told Digital Music News.  “In just the last seven months, Audiam has combined its unique understanding of music copyright and proprietary cutting edge technology to establish itself as the leader in getting copyright holders paid for the use of their music on YouTube.”

But ‘solving YouTube’ is no small challenge.  Right now, the problem is that most artists have little-to-no idea what YouTube pays or should pay, or even how to properly structure their presence on YouTube to get compensated.  Which is a pity, because YouTube is easily the largest and most powerful platform for music consumption in the world, with relatively little or no income flowing back to creators.

Price has been brutalized and criticized as a smoke-and-mirrors charlatan, especially by those in the trenches of the YouTube beast.  But plenty feel that Price can do for YouTube what he did for DIY distribution at TuneCore.  And with that, here’s a list of early believers, all of whom have signed with Audiam in the last few months to realize greater income:

  • Imagem (publishing catalogs of Pink Floyd, Genesis, Daft Punk, Rodgers and Hammerstein, Irving Berlin, Mötley Crüe, Boosey & Hawkes, Elvis Presley…)
  • Velvet Apple (Dolly Parton music publishing catalog)
  • Leaving Hope Music/Form and Texture/Cloud Covers (Trent Reznor publishing catalog)
  • Coral Reefer (Jimmy Buffet music publishing catalog)
  • Ruthless Attack Muzick (NWA music publishing catalog)
  • Sword and Stone (Tori Amos music publishing catalog)
  • Aimee Mann Publishing
  • Nash Notes (Graham Nash music publishing catalog)
  • Dollarz ‘N Sense Muzick (Bone Thugs and Harmony music publishing catalog)
  • SyVy Publishing (Steve Vai music publishing catalog)
  • Hancock Publishing (Herbie Hancock music publishing catalog)
  • Silva Tone Music Publishing (Neon Lights and more)
  • Dandy Warhol Music (The Dandy Warhols)
  • 8 Minutes 20 Seconds (Pretty Lights music publishing catalog)
  • Mothership Music Publishing (Zedd, Bonnie Tyler)
  • Bluewater Music Services Corp. (Rodney Carrington, Cross Canadian Ragweed, Willie D of the Geto Boys)
  • House Of Hassle Publishing (Grizzly Bear, Magnetic Fields, Superchunk, Galaxie 500, Crooked Fingers, Damon and Naomi, Clap Your Hands Say Yeah, Red House Painters, Mates of State)
  • Fig Music Publishing (Bad Religion, The Menzingers, Falling in Reverse, Every Time I Die, Escape the Fate)

 

More details ahead.

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Comments (11)
  1. Anonymous

    …and again: There’s no need to pay Mr. Price — or anybody else — to do what YouTube’s own free ContentID already does for everybody who needs it…


    Reply
    1. Hmmmm

      I completely agree. Mr Price claims to have invented the Content ID system for YouTube when in fact he just manages his music with the system YouTube developed.

      YouTube Content ID system is quite complex and you need special skills to make the most out of it, but this is just over the top! Plus, you might have well just labeled this an advertorial!


      Reply
  2. Ryan

    I always think it’s weird when the press and promotion are greater than the product. Audiam doesn’t exist right now, but Jeff’s on this site non-stop. Why doesn’t get build it, then talk.


    Reply
    1. jeff price

      Umm Ryan? What do you mean Audiam doesn’t exist. Its been live since June/July, 2013. It has thousands of customers. Its website is audiam.com. It has gotten its customers back hundreds of thousands of dollars

      You can use it this second

      Just something you made up to attack Paul or something else?

      Jeff


      Reply
  3. A Regular Here

    “…to the promise (sic) land” You got that right, Paul.

    Despite your also loosely referring to “artists”, we now learn the emphasis for Audiam is on monetizing YouTube for songwriters and publishers.

    I’d also contribute to anybody sticking the Fox agency, BMI/ASCAP/SESAC in the eye for their pitiful efforts at YouTube monetization.

    I think what you’ve got here is the hat being passed around the “disbelievers”.


    Reply
  4. jeff price

    Sadly, most artists do not have access to the contracts that allow them to make money off of other people’s videos on YouTube that are using either the artist’s master and/or composition

    But that point aside, below is a short list of top artists/managers and publishers using Audiam despite having the ability to go direct with YouTube. More interestingly, many used to go direct with YouTube but switched to Audiam. YouTube is confusing, difficult and a lot of work.

    The question back to you is, if anyone can do it, and it’s easy to do it right, why would these publishers, artists and labels choose to use Audiam? The answer, its because there is a lot more to it than you may realize, and its a hell of a lot of work.

    List of Audiam clients/artists below –

    Audiam’s clients includes independent artists as well as some of the most important music copyright holders in the world, such as Imagem (the world’s largest independent music publisher, representing Pink Floyd, Daft Punk, Rodgers and Hammerstein, Mötley Crüe and thousands more), Velvet Apple (Dolly Parton’s music publishing catalog), Coral Reefer (Jimmy Buffet’s music publishing catalog), Ruthless Attack Muzick (NWA’s music publishing catalog) and many more.

    Partial list of Audiam clients:

    Imagem (The world’s largest indie publisher: includes the music publishing catalogs of Pink Floyd, Genesis, Daft Punk, Rodgers and Hammerstein, Irving Berlin, Mötley Crüe, Boosey & Hawkes, Elvis Presley and thousands more)

    Velvet Apple (Dolly Parton music publishing catalog)

    Coral Reefer (Jimmy Buffet music publishing catalog)

    Leaving Hope Music/Form and Texture/Cloud Covers (Trent Reznor publishing catalog)

    Ruthless Attack Muzick (NWA music publishing catalog)

    Sword and Stone (Tori Amos music publishing catalog)

    Aimee Mann Publishing

    Nash Notes (Graham Nash music publishing catalog)

    Dollarz ‘N Sense Muzick (Bone Thugs and Harmony music publishing catalog)

    SyVy Publishing (Steve Vai music publishing catalog)

    Hancock Publishing (Herbie Hancock music publishing catalog)

    Silva Tone Music Publishing (Neon Lights and more)

    Dandy Warhol Music (The Dandy Warhols)

    8 Minutes 20 Seconds (Pretty Lights music publishing catalog)

    Mothership Music Publishing (Zedd, Bonnie Tyler and many more)

    Bluewater Music Services Corp. http://bluewatermusic.com (Rodney Carrington, Cross Canadian Ragweed, Willie D of the Geto Boys and many more)

    House Of Hassle publishing http://houseofhassle.com (Grizzly Bear, Magnetic Fields, Superchunk, Galaxie 500, Crooked Fingers, Damon and Naomi, Clap Your Hands Say Yeah, Red House Painters, Mates of State and more)

    Fig Music Publishing (Bad Religion, The Menzingers, Falling in Reverse, Every Time I Die, Escape the Fate and many more)


    Reply
  5. Human

    Same condescending tone. Same died hair and anger problems. Jeff, why don’t you drop the ego and when you are on these website, actually get people to warm to you instead of losing your rag at everything that is said.
    Drop the ego, dont make the same mistakes over and again


    Reply
  6. TuneHunter

    YouTube’s relationship with music is wrong, it’s a product of desperation and deficit of creativity at Universal.

    Stagnation and shortage of cash will persist unless we change YT and streaming game board.


    Reply
  7. Willis

    I always thought some of those people (investors) were smarter than this. What a shame.


    Reply
  8. Publisher

    A few things that immediately come to mind.

    1. I’m glad my catalog is through a company that doesn’t use my company’s name to promote themselves. They have their own identity and reputation.

    2. How much is Jeff Price paying for his monthly promotional article?

    3. When is this site going to do a comparison of all the third party YouTube reps? AdShare, AdRev, Exploration, Audium, Zephr, etc.


    Reply
  9. wannabeartist

    I’ve been watching some of your vids and found them most helpful. I’m going to check out Audiam.com shortly although I’ve not releasing anything yet.

    What’s with the haters though? I mean, it like when people protest a TV show. Use the remote and watch something else if you don’t like it.

    SHRUG.


    Reply

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