BandLab Technologies

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]
  • lab.fm – an online music publication.[22]
  • MusicTech – an online music technology publication.[11]
  • Heritage Guitars – a United States–based guitar manufacturer.[1]
  • MONO – a manufacturer of instrument cases, straps and accessories.[5]
  • Teisco – a brand of musical effects pedals.[22]
  • Swee Lee – a Southeast Asian musical instrument distributor and retailer.[3]

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]

References

  1. Covid: NME owner says pandemic impact wasn't all negative BBC, 2020-10-03, retrieved 2020-11-16^
  2. Caldecott Music Group revealed as new umbrella of BandLab The Music Network, 2021-12-01, retrieved 2021-12-01^
  3. BandLab's Meng Ruo Kuok on building a business model around music DealStreet Asia, 2020-08-22, retrieved 2020-11-16^
  4. What You Need To Know About BandLab, The Singaporean Startup Behind That Rolling Stone Deal Vulcan Post, 2016-09-29, retrieved 2020-11-16^
  5. BandLab debuts a new 'Albums' tool for self-releasing artists Deal Street Asia, 2016-09-09, retrieved 2020-11-17^
  6. A Large Stake in Rolling Stone Is Being Sold to This Singaporean Company Fortune, 2016-09-25, retrieved 2020-11-17^
  7. BandLab Technologies acquires Chew.tv, a video streaming service for DJs Techcrunch, 2017-09-06, retrieved 2020-11-16^
  8. BandLab to Reboot Teisco and Harmony Guitar Brands Reverb, 2017-12-14, retrieved 2020-11-16^
  9. BandLab Acquires Cakewalk Assets from Gibson Reverb, 2018-02-23, retrieved 2020-11-16^
  10. Sonar now free, renamed 'Cakewalk by BandLab' Sound On Sound, 2018-04-04, retrieved 2020-11-17^
  11. SG music platform BandLab acquires The Guitar Magazine, Musictech Deal Street Asia, 2018-10-24, retrieved 2020-11-17^
  12. Penske Media Takes Full Ownership of Rolling Stone Variety, 2019-01-31, retrieved 2020-11-17^
  13. Music bible NME sold to Singapore's BandLab Financial Times, 2019-05-17, retrieved 2020-11-17^
  14. '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^
  15. BandLab debuts a new 'Albums' tool for self-releasing artists Musical.ly, 2020-07-01, retrieved 2020-11-17^
  16. BandLab buys ReverbNation in artist services expansion – Music Ally 5 November 2021, retrieved 2021-11-08^
  17. Singapore's BandLab acquires DIY artist services platform ReverbNation Music Business Worldwide, 2021-11-05, retrieved 2021-11-08^
  18. NME. BandLab Technologies acquire Beat marketplace Airbit NME, 2023-02-01, retrieved 2023-02-03^
  19. Getting set up for remote collaboration: Collaborative Platforms MusicTech, 2020-06-09, retrieved 2020-11-17^
  20. NME, Guitar.com, Uncut & MusicTech form new media group, NME Networks The Music Network, 2021-11-14, retrieved 2022-08-16^
  21. NME, Uncut and more form media group NME Networks^
  22. Singapore's BandLab Technologies acquires iconic music magazines NME and Uncut Tech In Asia, 2019-05-17, retrieved 2020-11-17^