LAS VEGAS, Nov. 23, 2016 /PRNewswire/ -- Chicago-based MusicDealers.com has been successfully acquired by music media entrepreneur Billy Tuchscher and his Las Vegas company, BrandSpins. MusicDealers.com is the award-winning 'sync music' licensing website juggernaut that provides music for: TV Shows; Major Films; Documentaries; Radio/TV ad campaigns; Video Games; Business Promotions; YouTube and GoPro Videos.
The successful MusicDealers.com platform exceeded $15M in annual sales volume in 2015. With the company's success came the opening of offices in Los Angeles and London, while company employment swelled to more than 50 people. However, its 2016 mid-year revenues of $8.5M could not keep pace with the company's rapid expansion and debt load. As a result, MusicDealers found itself in a cash crunch and seeking the sale of some or all of its assets.
"It's a perfect fit for us," said Billy Tuchscher, CEO of BrandSpins. "We have a catalog of 57M digital songs, and we're building a music distribution business that helps artists to sell more music, become more famous, and make more money. MusicDealers.com does all of that."
"MusicDealers.com helps artists sell their music for commercial purposes. It's the easiest place for advertising agencies, TV networks, movie studios and major brands to find the music they need," Tuchscher added. MusicDealers boasts the world's largest pre-cleared music catalog, and in 2015 MusicDealers.com ranked as the 22nd on the Inc. 5000 List of Fastest Growing Media Companies. It's client roster includes: McDonald's, Coke, Disney, Budweiser, Nike, Visa, HBO, Sony, BMW, AirBnB, Bacardi, MTV, NBC, CBS, The Olympics Games, FIAA World Cup, Converse, and many other world renowned brands.
BrandSpins is revolutionizing digital music distribution - solving problems for major brands, artists and consumers. BrandSpins provides turn-key, 'brand-customized,' online digital music stores to major eCommerce websites. BrandSpins also utilizes deep industry relationships to bring MUSIC'S BIGGEST STARS to eCommerce brands for promotions, social media reach, marketing campaigns and special appearances.
ABOUT Music Dealers™
MusicDealers.com is an award-recognized, music search platform, controlling the world's largest pre-cleared music catalog, with 'ready-to-license,' and 'broadcast-quality' tracks in virtually every style and genre from around the world. MusicDealers.com is the easiest place to find music for use in: TV Shows; Major Films; Documentaries; Radio/TV ad campaigns; Video Games; Business Promotions; YouTube and GoPro Videos. MusicDealers.com client list includes: 40 television networks/movie studios, 50+ advertising agencies, and 200+ major brands including: McDonald's, Coca-Cola, Disney, Budweiser, Nike, Visa, HBO, Sony, BMW, AirBnB, Bacardi, MTV, NBC, CBS, The Olympic Games, FIAA World Cup, Converse, Harley-Davidson, The Gap and many others.
Krista Bishop Powers
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