Here’s an update on Youlicense (the music licensing marketplace) – the startup has been fairly active in the past months, sealing deals here and there to consolidate its position in the online-licensing market.
- TheCellFreak, a free mobile content site, wants to license up to 1000 songs from YouLicense users. Although they’re only willing to pay about 25$ per each song license (which isn’t all that much money), it’s still a step in the right direction, as your tunes will most likely be downloaded as ringtones, making for great exposure. In addition, the deal is non-exclusive, meaning you still have full control over your songs. All in all it seems like a pretty quick and painless way to get your music distributed through an exciting new channel.
- YouLicense has also developed partnerships with a couple of independent labels, the last one to date being SellaBand. The online fan-funding site is seeking licensing deals for 11 of it’s 24 artist roster. The earning will be split in 3: 30% to the composer, 30% to YouLicense and 30% to the Believers (Believers is a term SellaBand uses to call those funding the albums). Wired’s Listening Post has more.
- Also, YouLicense just received an extra $1 million in funding to further develop it’s global advertising strategy and content acquisitions. Yea I know, who cares:) But this also means that early-adopters of this platform might have a chance of being the first to be discovered as it becomes more established.