Music Messenger

Music Messenger
Type of business Private
Type of site
Music streaming, social networking service
Headquarters Herzliya, Israel
Key people OD Kobo (Board Member)
David Strauss (Founder),
Jordan Tanner (Product Manager)
Industry Music
Employees 15
Website musicmessenger.co
Alexa rank Decrease 781 (December 2017 )
Registration Required to post and upload content
Users 8 million registered users (Jan. 2017), 36 million unique monthly listeners (Jan. 2017), 500 million total monthly plays (Jan. 2017)
Launched September 2014 (2014-09)

Music Messenger is a technology company, specializing in music streaming, messaging, API infrastructures and blockchain.[1][2]

History

Music Messenger was founded in March 2014 by Internet entrepreneurs OD Kobo and Jordan Tanner. The company raised US $44 million since its formation in two rounds of finance.[3] The investors include music icons such as Avicii, will.i.am, Nicki Minaj, Tiësto, Sebastian Ingrosso, Benny Andersson, David Guetta, Gee Roberson (the former Chairman of Geffen Records, manager of T.I., Nicki Minaj), Dave Holmes (manager of rock band Coldplay), Wayne Barrow (the former manager of Notorious B.I.G.), Mark Pitts (President of Urban at RCA Records) amongst other luminaries from the music industry. In 2015 businessman Roman Abramovich invested US $25 million in the start-up.[4][5]

On August 21, 2018 it was reported that Music Messenger is working on a project that would use blockchain technology to provide a music streaming service.[6] The Company stated that it envisions a blockchain-based alternative to platforms such as Apple Music and Spotify. Music Messenger said its plan involved letting users pay for Music Messenger Tokens (MMT) or earn tokens by listening to advertisements. The beta version of the open-source product is scheduled for launch early in 2019.[7]



References

  1. "Music Messenger Archives - Geeks and Beats Podcast". Geeksandbeats.com. 2014-06-20. Retrieved 2017-05-17.
  2. "Abramovich leads $30 million investment round in Music Messenger app". Reuters. 2015-04-21. Retrieved 2017-05-17.
  3. "7 Months From Launch, Music Messenger Closes $30 Million Series B Round Led By Roman Abramovich". Inc.com. 2015-04-22. Retrieved 2017-05-17.
  4. "Music Messenger Takes Center Stage". Forbes.com. Retrieved 2017-05-17.
  5. "Music Messenger, the App That Nicki Minaj and David Guetta Invested In, Is Exploding - Here's Why". Billboard. 2015-04-22. Retrieved 2017-05-17.
  6. Manalo, Komfie (August 21, 2018). "Israeli Startup Exploring Blockchain".
  7. Moeller, Max (August 21, 2018). Unhashed https://unhashed.com/cryptocurrency-news/popular-music-sharing-service-music-messenger-building-blockchain-spotify-competitor-cryptocurrency-token/. Missing or empty |title= (help)
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