AudioJungle tops 1 million music licenses sold

Growing number of musicians earning USD $10k-20k per month

29 APRIL 2014, MELBOURNE, AUSTRALIA
Summary
Envato’s marketplace for royalty free music, AudioJungle, has sold 1 million music licenses since 2008.

AudioJungle has sold over 1 million music licenses to buyers worldwide. Thousands of media productions use these licensed tracks, including big-budget advertisements for companies like Toyota, Sony and Adidas.

A growing group of AudioJungle authors are now earning USD $10,000 - $20,000 per month. For some, it is the first time they’ve been able to make a living doing what they love: creating original music.

Founded in 2008, AudioJungle is Envato’s marketplace for royalty free music and audio. Musicians can upload their original compositions to AudioJungle and earn royalties each time they make a sale.

“The greatest thing about AudioJungle is the freedom I have to write what I want to write, when I want to write it,” says top-selling author Tim McMorris. McMorris has sold over 30,000 licenses for his original music through AudioJungle.

Thirty-one AudioJungle authors have sold over $75,000 worth of music licenses.

AudioJungle is home to more than 160,000 available tracks, including moody orchestral pieces, uplifting acoustic melodies, thumping dance tunes and thoughtfully-crafted sound effects.

Many of these 1 million license sales are generated by top-selling tracks like ‘Live My Life’, an upbeat and bouncy composition by user metrolightmusic. The track has been purchased almost 7,000 times.

Each music license represents the right to own and use an audio file within a larger creative project. Sound effects start at $1, music at $5, putting licenses within reach of non-commercial budgets.

Since 2006 Envato marketplaces like AudioJungle, ThemeForest and VideoHive have paid out over USD $140 million to creatives and are home to more than 3.5 million users worldwide.

“We believe that when the community succeeds, we succeed,” says CEO and co-founder Collis Ta’eed, “it’s what makes our company tick.”

Envato is based in Melbourne, Australia.

Quotes
"The greatest thing about AudioJungle is the freedom I have to write what I want to write, when I want to write it." Tim McMorris, AudioJungle Author
"We believe that when the community succeeds, we succeed." Collis Ta'eed, CEO of Envato
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About Envato

Location: Headquarters in Melbourne, Australia. Team located around the world.

What Is Envato?

Founded in 2006, Envato is the world’s leading community for creative assets and creative people.

The network includes Envato Market, Envato Studio, Envato Tuts+ and Envato Elements.

A community of more than eight million people worldwide buy and sell creative assets on Envato Market with total community earnings exceeding $500 million. Millions of students have taken video courses and free tutorials on the Envato Tuts+ education network and Envato Studio connects people with hand picked freelancers to complete their creative projects. Envato Elements is a subscription service with thousands of ready-to-use graphic templates, fonts and assets available for unlimited download.