Soundstr

Soundstr operates in the music and advertising industries, providing innovative solutions to ensure fair royalty payments for songwriters and optimized music licensing fees for businesses. Utilizing advanced music recognition technology, Soundstr identifies songs played in licensed venues, ensuring accurate royalty distribution. The company serves performing rights organizations, businesses that play music, and advertisers looking to engage with audiences at live music events. Soundstr's business model revolves around leveraging data to create transparency in music usage, thereby enabling fairer licensing and royalty payments. Additionally, Soundstr offers an audio ad network that allows businesses to generate additional revenue by broadcasting advertisements between bands at concerts and events. This dual approach not only helps businesses save on licensing fees but also opens new revenue streams through targeted advertising. Founded by musicians, Soundstr aims to bring transparency and fairness to the music industry, benefiting both songwriters and businesses alike.

Keywords: music recognition, royalty payments, licensing fees, performing rights, audio ad network, live music events, data transparency, targeted advertising, Bluetooth Beacons, music industry.