BandLab Technologies announced today, Wednesday February 1, that it has acquired the Arbit beat marketplace, offering users more “high-quality beats to start your creative process.”
The parent company of social music creation platform BandLab, digital audio workstation Cakewalk and artist services platform ReverbNation will expand its suite of full-service creator tools – including the free cross-platform DAW for mobile devices and music idea generator by IA SongStarter – access without to provide artists with all the key aspects of music creation, promotion and distribution.
BandLab reports that artists have earned over $50 million on Airbit to date, and sold over 2 million hits. The platform offers more than a million beats from notable producers as well as emerging beatmakers and “serves musicians to build sustainable communities and careers.”
Current Airbit users will enjoy uninterrupted services and have been told to “expect the smooth integration of its features into the BandLab creator platform in the near future.”
As part of the deal, all current Airbit employees will be retained, while Airbit CEO Wasim Khamlichi will step down after a transition period.
“We are pleased to bring the Airbit community to BandLab,” said Meng Ru Kuok, CEO and Founder of BandLab Technologies. “We are always looking for opportunities to support BandLab artists in their creative process, and this is one of the most requested features of our community.”
He adds: “Thanks to companies like Airbit, self-service beat marketplaces have become an exciting way for creators to find and buy quality beats to start their creative process. introducing creators and new ways to earn a living .”
Wasim Khamlichi, CEO of Airbit, said: “Airbit shares BandLab’s philosophy of giving music creators every opportunity to succeed. Airbit was born with the intention of empowering creators as artists and entrepreneurs through new technologies and forward-thinking music monetization tools.
“Since Airbit was founded in 2009, it has grown into a powerful platform for hundreds and thousands of creators. BandLab is in the best position to take it to the next level.”
More information about the product roadmap and future features will be shared in due course.
One of BandLab’s many recent success stories is D4vd. He started out as a player with more than 15 million videos a week before he started posting his own music and making it big with the app. His recent single “Romantic Murder” debuted on the US Billboard Hot 100, garnered more than 75 million streams and became a trending hit on TikTok.
“My relationship with BandLab has been incredible in the sense that I can make music out of my closet,” the artist told NME recently. “The CEO got in touch a few weeks ago and said he was surprised that someone using his platform had managed to break into the Billboard chart. [200 singles].”
And adds: “[BandLab] It literally changed my life. I couldn’t ask for more: it allowed me to make music at home without any professional microphone, because I only use Apple headphones and the app on my phone. I can make the music I like without any compromise.”
As reported by MusicBusinessWorldwide, BandLab has more than 60 million registered creators on its service, adding 10 million in just over six months. Users are now responsible for creating around 16-17 million songs per month on the platform.
This number already exceeds Spotify’s ambition to have 50 million users using its new creator services by the end of the decade.
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