Epidemic Sound publishes its 2024 Annual Report and Sustainability Report

• Sustained growth and profitability: 29% revenue growth and a positive adjusted EBITDA of SEK 147M, reaching an adjusted margin of 8%.
• Bridging artistry and technology: Driving productivity for creators through AI-powered tools and plug-ins, while accelerating distribution — Epidemic Sound’s music now features 3 billion times per day on YouTube and TikTok (+500M YoY).
• Enhancing artistic opportunities: Attracting and developing top-tier talent through landmark partnerships with pioneers like Johnny Marr, Richie Hawtin, and Jordin Sparks

Stockholm, Sweden, April 8 – Epidemic Sound, the  world’s leading soundtracking platform, today released its Annual Report and Sustainability Report, marking another year of solid revenue growth and an improvement in profitability. The company achieved strong revenue growth of 29%, resulting in total sales of SEK 1,921 million (1,484 million) and a positive adjusted EBITDA of SEK 147 million, with an adjusted margin of 8% (4%).

Epidemic Sound’s increasing popularity among content creators and brands continues to amplify its powerful distribution engine for artists, while also attracting global superstars. The platform now generates over 3 billion views from videos including Epidemic Sound’s music plays per day across YouTube and TikTok alone and is widely used by major brands such as Coca-Cola, Nasdaq, Apple, and the Premier League, alongside content creators of all sizes worldwide.

"2024 has been a landmark year for Epidemic Sound where we’ve learnt a lot”, says Oscar Höglund, CEO of Epidemic Sound. “Our continued growth and success demonstrate the power of our unique music distribution model and the increasing demand for high-quality music in the creator economy. We have once again proved that our soundtracking tools and AI services are solving real problems for content creators worldwide. We are excited to keep building on this momentum by investing in artists, technology, and strategic partnerships that push the boundaries of music distribution and consumption."

Following the acquisition of the world’s leading sound effects company Soundly, Epidemic Sound’s catalog now includes 200,000 sound effects, complementing its 50,000 tracks to form a robust catalog of 250,000 pieces of intellectual property. This expansion strengthens the company’s ability to provide a comprehensive soundtracking experience for creators, brands, and filmmakers alike.

In 2024, the company witnessed more frequent and impactful viral moments for artists - the so-called Epidemic effect. By analyzing and forecasting viral trends, Epidemic Sound is refining its ability to harness these moments, maximizing exposure for artists while enhancing the content experience for creators. Victor Lundberg and Gamma Skies' track 'Seasons of Love' is one example of the Epidemic effect. The track garnered over 30 million views and 5 million streams across DSPs within two months after being featured in MSA’s 'I'm Turning Into A Vampire'. 

A major highlight of 2024 was the establishment of partnerships with renowned musicians, including legendary guitarist Johnny Marr, techno pioneer Richie Hawtin, and multi-platinum recording artist Jordin Sparks. These collaborations not only enrich Epidemic Sound’s music catalog but also foster mentorship opportunities for emerging artists, ensuring that creators have access to a diverse and high-quality selection of music.

"Our financial results highlight the strength of our business model, which continues to deliver sustained growth while improving profitability” says Sara Börsvik, CFO of Epidemic Sound. “It’s amazing to see how we improve productivity for creators with our AI-powered tools and plugins while at the same time accelerate music distribution resulting in our music now being featured in 3 billion YouTube and TikTok videos daily.”

AI development remains centred on enhancing, fueling, and rewarding human creativity. The company is prioritising user-centric solutions that solve real problems from brands and content creators while remaining dedicated to keeping artists at the heart of its creative ecosystem. It is focusing on expanding its AI-powered tools for music discovery and adaptation, enabling content creators to find, customize, and distribute tracks more effectively than ever before.

As Epidemic Sound continues to grow, the company remains focused on strengthening its catalog, expanding its partnerships, and refining its AI-driven tools. By staying ahead of industry trends and championing artist-first initiatives, Epidemic Sound is well-positioned to shape the future of music distribution and soundtracking.