Songdrop Feb 2013 deck

Songdrop pitch deck

Transcript

1. Store, play and share streaming music
2. PROBLEM Streaming is fragmented. The API for music is the web, but it lacks one player.
3. SOLUTION SAVE SONG LOCATIONS WITH A BOOKMARKLET SCAN AND SEARCH WEBSITES FOR CONTENT PLAYBACK ON A SINGLE SITE BUILD LIBRARIES SHARE MIXES
4. MARKET $16.6b global recorded music industry (IFPI 2012) $5.23b in global digital revenues (IFPI 2012) £40.4m in UK subscription revenue est. in 2012 (BPI) $250m Vevo ad revenue in 2012 (Vevo) 5m paying Spotify subscribers (TechCrunch, 12/12) YouTube is the largest free and legal catalogue
5. MODEL Transactional Mobile app sales In-app purchases (web and mobile) A!liate Collect a!liate revenue from track and ticket sales Brand Partnerships & Advertising Sponsored mixes from brands and labels
6. TEAM BRITTNEY BEAN CO-FOUNDER MA (Hons) History of Art, University of St Andrews MD, Green House Group Social Games Producer [Here Be Monsters, Bingo Lane], Gamesys Ltd Community Manager, Bragster JAMES TOWERS CO-FOUNDER Creative Director, Green House Group Designer, RawRip Guitar/Keyboard, Barefoot Confessor RICHARD TAYLOR CO-FOUNDER BSc (Hons) Maths & Computer Science at The University of Liverpool Founder Moocode Ltd CTO, Diary.com VP Technology, Bragster.com Senior Developer, Betfair CHRIS HELM FINANCIAL DIRECTOR BSc (Hons) Economics at The University of York UK Finance Director, EMI Music Publishing Director Finance: Sales, Operations and Corporate, Sony Music Entertainment
7. FINANCING Raised £100k from SOIC Capital Looking to raise another £500k Expand mobile o"erings Grow team Improve product Grow user base
8. brittney@songdrop.com 07815049168