Music App Business

2 Music App Business Success Stories [2024]

Pat Walls

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Updated: October 9th, 2024

If you've ever wanted to combine your love for music with a savvy business idea, consider launching a music app.

This business involves developing a digital platform where users can stream, download, or share their favorite tunes. With the right mix of user-friendly design, a rich library of music, and compelling features, you can create a space that music enthusiasts will love.

Starting a music app requires diligent planning, technical know-how, and licensing agreements with music labels. The work isn't easy, but the potential rewards are significant. As smartphones and streaming services keep growing in popularity, there's a vast market ready for innovative music apps.

If you're intrigued by blending technology and the arts, this business idea holds considerable promise and could be your next entrepreneurial venture.

In this list, you'll find real-world music app business success stories and very profitable examples of starting a music app business that makes money.

1. MightyCall ($2.34M/year)

Anna Miranchuk, the Product Manager of MightyCall, shares that the idea for the business was not a sudden revelation but rather a spin-off from the larger tech company Infratel. As a team of nine employees, they saw the potential in the small business phone system market and began offering basic VoIP features. Despite a slow start, the team's personal and professional growth, as well as listening to customer feedback, helped MightyCall achieve success, with over $200,000 in monthly revenue and a user base of 6,000 small business owners and 25,000 active users.

How much money it makes: $2.34M/year
How many people on the team: 65

How We Launched A $195K/Month VoIP Business Phone Service

MightyCall's Product Manager, Anna Miranchuk, explains how they launched and grew a B2B VoIP business phone service that brings in just over $200,000 per month as of January 2021, with a user base exceeding 6,000 small business owners and 25,000 active users, and shares lessons for aspiring founders who want to build or grow their own business.

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2. AudioCipher Technologies ($12K/year)

AudioCipher Technologies was founded by Ezra Sandzer-Bell, a musician with a passion for music philosophy and hidden messages in melodies. After discovering a technique used by classical composers to encode words into melodies, Ezra saw an opportunity to create a music software company. With a shoestring marketing budget, AudioCipher sold over 200 copies of their flagship product, earning $3000+ in revenue within their first 10 weeks on the market.

How much money it makes: $12K/year
How much did it cost to start: $7K
How many people on the team: 1

How We Earned 200+ Sales Of Our Music Software In Less Than 3 Months

AudioCipher Technologies has sold over 200 copies of its $15 MIDI plugin that translates words into music notes, earning $3000 in revenue during its first 10 weeks without any pre-existing mailing lists or industry leads, despite a shoestring budget.

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Read by 3,234 founders