Burnaby's MetroLyrics - the first lyrics-dedicated site to provide legal, licensed song lyrics - announced yesterday in Cannes at the MIDEM Conference that in addition to being the leading lyrics website online, they are now the seventh largest music Internet property worldwide.
Congrats to MetroLyrics Co-founders Alan Juristovski and Milun Tesovic on the huge accomplishment.
It is a little known fact, even in the music industry, that lyrics are such a popular Internet topic and that is precisely why MetroLyrics is in Cannes. Juristovski is taking part on the panel that is discussing whether licensed lyrics could be another revenue stream for the struggling music industry. Interested in learning more? Check out the article titled Searching for Legitimate Lyrics in a recent copy of the Music Publishers Association magazine Impact.
MetroLyrics was #1 on the Techvibes Canada Startup Index again this month.