served world wide web founder s lucas sommer and andrew levine industry social networking online music retail products digital and physical music and merchandise services digital distribution music downloading slogan s love music make money website www.audimated.com alexa rank 982 710 type of site social network online music portal advertising no registration free available in english launched july 1st 2010 current status beta audimated is a social networking website for independent musicians and their fans . audimated.com which launched in june 2010 offers a platform in which both artists and fans can sell music and related products to make a profit . the founders of audimated.com are lucas sommer and andrew levine 1 two alumni from the university of miami school of business administration . contents 1 history 2 concept 3 news 4 references 5 external links history edit the idea for audimated came to lucas and andrew during their senior year of college together at the university of miami . after receiving positive feedback on the idea from their business professors they put their business plan into action in 2008 to make their website a reality . 1 the website name is a combination of the words audio and automated citation needed which represents the website s goal of combining music audio and automating the process of marketing through social networking mated for independent artists . concept edit audimated.com is an online music community with a variety of unique features . most notably fans and artists alike can use the website as a tool for earning money . 2 for example audimated.com allows artists to sell their merchandise songs concert tickets etc. and also lets fans have stores where they can add their favorite bands products for sale . in addition to the revenue generating component audimated.com also allows the fan user group to find top artists that match their taste listen to and upload songs on the audimated.com radio and search specific locations for new musicians of different genres . while artists upload their creative content onto the website audimated.com guarantees that they keep the rights to all creative content of their work . audimated.com simply offers a platform to increase awareness and interest in independent music . signing up for audimated.com is free of charge for artists and their fans . the website business model is to charge a 10 % fee of all sale transactions by artists and fans while up selling clarification needed premium services to its members . 2 news edit in march 2010 audimated.com won the annual wemedia pitch it contest . 3 the grand prize awarded to lucas sommer on behalf of audimated.com for the best pitch was 25 000 in start up funds for the website . audimated.com has also received press for its services in the wall street journal the miami herald and various blogs devoted to independent music . references edit a b gutner toddi 2009 12 22 . new graduates create their own jobs . online.wsj.com . archived from the original on 22 august 2010 . retrieved 2010 08 25 . a b social network connects musicians and fans makes money for both ; tech tonic . blogs.palmbeachpost.com . 2010 07 08 . archived from the original on 12 july 2010 . retrieved 2010 08 25 . suzanne mcbride 2010 03 11 . we media pitchit competition nets 50 000 for news and music start ups . wemedia.com . archived from the original on 15 july 2010 . retrieved 2010 08 25 . external links edit audimated in the wall street journal palm beach post article case foundation blog post on audimated independentmusic greg blog post on audimated retrieved from https en.wikipedia.org w index.php title audimated & oldid 739199716 categories community websitescompanies established in 2010entertainment companies of the united statesentertainment websitesfree music download websitesinternet companies of the united statesinternet properties established in 2010music retailers of the united statesonline music storessocial networking serviceshidden categories all articles with unsourced statementsarticles with unsourced statements from september 2010wikipedia articles needing clarification from september 2010 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages edit links this page was last modified on 13 september 2016 at 10 12 . text is available under the creative commons attribution sharealike license ; 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