BandLab Technologies is a Singaporean company founded in 2015 that operates a social music platform, called BandLab, and also owns a variety of music-related brands, including Harmony and Heritage Guitars; media platforms Guitar.com, NME, Uncut and MusicTech.com ; and musical instrument retailer and distributor Swee Lee.[1]
In December 2021, the company announced a reorganisation under the newly formed parent company Caldecott Music Group (CMG). BandLab Technologies is the music technology division of CMG.[2]
History
BandLab Technologies was founded in 2015 by Kuok Meng Ru and Steve Skillings. Kuok is also the owner of music retailer Swee Lee, acquired in 2012.[3] BandLab Technologies' first product, a cloud digital audio workstation (DAW) called BandLab, was released in November 2015.[4]
In July 2016, the company acquired Composr, an iOS app for recording audio and making music.[4] In September, the company acquired MONO Creators Inc, an American manufacturer of instrument cases, straps and accessories.[5] Also in September, BandLab Technologies acquired 49% of American music magazine Rolling Stone from publisher Wenner Media.[6]
In September 2017, the company acquired Chew.tv, a video streaming service for DJs.[7] In November, the company announced it was relaunching the Harmony Company guitar and Teisco musical instrument brand names.[8]
In February 2018, BandLab Technologies acquired DAW Sonar from musical instrument company Gibson, after Gibson acquired and closed Sonar's developer, parent Cakewalk.[9] Sonar was renamed Cakewalk by BandLab.[10] In October, the company acquired brands The Guitar Magazine and MusicTech from UK-based publisher Anthem Publishing.[11]
In January 2019, BandLab Technologies sold its 49% stake in Rolling Stone to American publishing company Penske Media.[12] In May, the company bought the music publications NME and Uncut from United Kingdom publisher TI Media.[13] In August, the company announced that it was integrating its livestreaming service Chew into BandLab and renaming it as BandLab Live.[14]
In July 2020, the company released BandLab Albums, software for digital distribution for independent artists.[15]
In November 2021, BandLab acquired DIY artist services platform ReverbNation for an undisclosed sum.[16][17]
In December 2021, the company announced a new parent company, Caldecott Music Group.[2] Caldecott Music Group (CMG) oversees three divisions: BandLab Technologies (technology and software), NME Networks (media), and Vista Musical Instruments (manufacturing, retail, and distribution).
In February 2023, it was announced BandLab had acquired the beat marketplace company, Airbit.[18]
Brands
Brands within the BandLab Technologies division of CMG:
Brands under NME Networks,[20][21] a division of CMG (previously part of BandLab Technologies):
Brands under Vista Musical Instruments, CMG (previously part of BandLab Technologies):
- BandLab – a free online (cloud) digital audio workstation (DAW) tool for creating music and collaborating with other musicians.[3] It works in a browser or with a standalone app.[19] BandLab includes BandLab Albums, a digital distribution tool for musicians.[15][4] The tool also includes BandLab Live, a livestreaming feature.[14]
- Cakewalk – a DAW formerly known as Sonar.[10]
Business model
BandLab Technologies does not charge for its software or digital musical content, but instead focuses on retail, manufacturing and media advertising sales.[22]
External links
References
- Covid: NME owner says pandemic impact wasn't all negative BBC, 2020-10-03, retrieved 2020-11-16^
- Caldecott Music Group revealed as new umbrella of BandLab The Music Network, 2021-12-01, retrieved 2021-12-01^
- BandLab's Meng Ruo Kuok on building a business model around music DealStreet Asia, 2020-08-22, retrieved 2020-11-16^
- What You Need To Know About BandLab, The Singaporean Startup Behind That Rolling Stone Deal Vulcan Post, 2016-09-29, retrieved 2020-11-16^
- BandLab debuts a new 'Albums' tool for self-releasing artists Deal Street Asia, 2016-09-09, retrieved 2020-11-17^
- A Large Stake in Rolling Stone Is Being Sold to This Singaporean Company Fortune, 2016-09-25, retrieved 2020-11-17^
- BandLab Technologies acquires Chew.tv, a video streaming service for DJs Techcrunch, 2017-09-06, retrieved 2020-11-16^
- BandLab to Reboot Teisco and Harmony Guitar Brands Reverb, 2017-12-14, retrieved 2020-11-16^
- BandLab Acquires Cakewalk Assets from Gibson Reverb, 2018-02-23, retrieved 2020-11-16^
- Sonar now free, renamed 'Cakewalk by BandLab' Sound On Sound, 2018-04-04, retrieved 2020-11-17^
- SG music platform BandLab acquires The Guitar Magazine, Musictech Deal Street Asia, 2018-10-24, retrieved 2020-11-17^
- Penske Media Takes Full Ownership of Rolling Stone Variety, 2019-01-31, retrieved 2020-11-17^
- Music bible NME sold to Singapore's BandLab Financial Times, 2019-05-17, retrieved 2020-11-17^
- 'BandLab Live' adds livestreaming to popular social music platform. 'Live' replaces previous streaming platform, Chew.TV. BandLab Technologies, 2019-08-01, retrieved 2020-11-16^
- BandLab debuts a new 'Albums' tool for self-releasing artists Musical.ly, 2020-07-01, retrieved 2020-11-17^
- BandLab buys ReverbNation in artist services expansion – Music Ally 5 November 2021, retrieved 2021-11-08^
- Singapore's BandLab acquires DIY artist services platform ReverbNation Music Business Worldwide, 2021-11-05, retrieved 2021-11-08^
- NME. BandLab Technologies acquire Beat marketplace Airbit NME, 2023-02-01, retrieved 2023-02-03^
- Getting set up for remote collaboration: Collaborative Platforms MusicTech, 2020-06-09, retrieved 2020-11-17^
- NME, Guitar.com, Uncut & MusicTech form new media group, NME Networks The Music Network, 2021-11-14, retrieved 2022-08-16^
- NME, Uncut and more form media group NME Networks^
- Singapore's BandLab Technologies acquires iconic music magazines NME and Uncut Tech In Asia, 2019-05-17, retrieved 2020-11-17^