Vancouver's Lyric Pusher takes story to Huffington Post

Posted by Rob Lewis

Yesterday Alan Juristovski, Co-Founder and CEO of Vancouver's MetroLyrics, wrote a guest post for the Huffington Post yesterday that rattled off some pretty impressive stats regarding the Internet and the music industry.

  • A staggering 70% of all searches for music on the Internet are related to lyrics.
  • HALF of all Internet users visit at least one music site in any given month.

Juristovski should know. MetroLyrics reportedly makes $10 Million per year legally on lyrics and he isn't shy about it.

How do I know? I'm a supplier. The lyric pusher if you will. Every month, more than 40 million unique users visit our site metrolyrics.com to get the most up to date, accurate, and legal lyrics to hundreds of thousands of songs by artists from every genre of music.

The music industry is waking up to the fact that lyrics are -- and will continue to be -- big business, if we can continue to provide an easy, effective and legal product for the user.

Lyrics are a potential new revenue stream for an industry looking to monetize their product in as many ways as possible -- ringtones, ring tunes, concert tickets and merchandise stakes, etc. I don't claim to be an expert in applied economics, but I can safely say I'm sure any business would like 40 million monthly customers.

The music industry can't ignore numbers like MetroLyrics and it's only a matter of time before someone steps up and acquires MetroLyrics and puts another feather in Vancouver's startup cap.

Photo credit: Canada Talent

Company:
CBS Interactive - Metrolyrics
Website:
http://www.metrolyrics.com
Location:
Vancouver, British Columbia, Canada

MetroLyrics is the premiere destination for song lyrics online, with a legal database of over 700,000 titles. MetroLyrics is the most popular lyrics website worldwide, boasting the most comprehensive database of legal lyrics in the world with over 700,000 titles. With a best-in-class design and first-to-market social media sharing features, MetroLyrics is the web's premiere lyrics site. more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more



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