Company Overview

Update
Status:
Acquired by Amazon
Founded:
July 4, 2011
Founders:
Joshua Boltuch
Employees:
21
Headquarters:
Long Island City, NY
Funding:
$3.9M
Categories:
Marketplaces, Music, Curated Web
Description:
Amie Street is a web-based social music store that enables members to discover, download and share music.

Detailed Description

Update

Launched in July of 2006, AmieStreet (pronounced like the name "Amy") allows artists to upload their music for promotion and sale. All songs are free to start, but prices fluctuate over time based on demand. The site, started by three Brown University seniors, gives artists 70% of revenues after taking the first $5 of revenue from each song.

AmieStreet has partnered with a number of labels including Nettwerk Music Group, INgrooves, Daptone Records and United For Opportunity (UFO). Music from these labels is sold in the same manner as all other music on AmieStreet. The service's closest competitor is SellABand, which also has a socially driven music monetization model.

Current Team (1)

Update

Past Team (2)

Update

Funding Rounds (2) - $3.9M

Update

Acquisitions (1)

Update
  • 2c5465ef6d61b6e9ad192a1fbe02d01b

    Songza

    Songza is a music streaming and recommendation service offering curated playlists based on the...
    Oct, 2008 -Cash & Stock

Investors (2)

Update
  • C57638d4953426c4b2d3e8c82af259f3

    Deep Fork Capital

    Deep Fork Capital (DFC) is a $250mm balanced-stage venture capital fund focused on providing...
  • 55350ec099270194720309754ecaf94b

    Amazon

    Amazon is an international e-commerce company and online retailer that sells various products...

Offices/Locations (1)

Update
  • Office

    Long Island City, NY

    USA

Competitors (5)

Update
  • 7694b645a73f403c5db6cd4e1fd31567

    Popcuts

    Popcuts is a unique online music store. DRM-free songs are sold for 99cents, but every time a...
  • 0c95bea5e4ffa43674ea2be95c169154

    amazingtunes

    Amazingtunes is a website enabling users to find, share, rate, and recommend songs.
  • Fd0991cff2ef998c00f3aa67a4640bcc

    Grooveshark

    Grooveshark is a free web-based music application that enables internet users listen to music...
  • 715b5328129527be8a15b6cf00119a45

    SellABand

    SellaBand is an online platform where music fans and the SellaBand community fund the music...
  • 3625f5d5c44d6f2900406cdebc20568b

    eMusic

    eMusic is a digital music service allowing subscribers to discover and download music.