How Splice Became the Hottest Platform on the Beat Market

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Four million users turn to the company to find the building blocks for their songs. With a $500 million valuation, it's at the forefront of the creator economy.

"When I was a little girl,” says Kara Madden, “I thought I could be bigger than Britney Spears.” This didn’t make Madden, who grew up on the New Jersey shore, unique — in the late 1990s, lots of girls had the same idea. But she worked toward pop stardom with a diligence that most other kids didn’t have.

In 2017, Madden — whose goes by KARRA as an artist — put together a vocal pack of brief sounds, wordless melodies and concise vocal hooks, like “don’t wanna wake up,” “second chances never work” and “loving you,” and released it on Splice. She figured she might make a few hundred dollars.A few months later, a friend texted to ask if she knew that her samples were used in “Back and Forth,” a song from star DJ David Guetta’s new album. “That was the first ‘this is insane’ moment,” she recalls.

So far, says Mulligan, “Splice has managed to establish a market-shaping identity — it’s synonymous with the creator tools space, the same way Hoover is synonymous with vacuum cleaners.” Splice is also moving its part of the industry from a retail model, where creators would pay for particular sounds, to a subscription model, which can draw in more users. “That’s the most important underlying business shift the space is going through — the move from sales to subscriptions,” he says.

Martocci founded Splice in 2013 with sound engineer Matt Aimonetti as a tool for musicians to collaborate remotely, until they realized what their users really needed was high-quality sounds. At the time, “there were a bunch of mom-and-pop sites” selling sample packs, says Martocci, and in 2015 he started to turn Splice into a supermarket of sounds.

 

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