Triller Announces Record-Breaking Growth, New Funding by Proxima Media and Acquisition of AI Music Platform - Seite 2

Triller's music licensing partnerships with top studios, including Warner Music Group, Sony Music Entertainment, and Universal, allow users to create content with an extensive catalog of music and share it across multiple social platforms, without the need to navigate licensing fees. Triller has been integral in helping Tyga go 6x Platinum with "Taste," and YG go 2x Platinum with "Big Bank," fueling the discovery of breakout artists 10k.Caash and Seth Vangeldren, and is credited by Lil Nas X as the platform that helped launch "Old Town Road." The app continues to gain popularity within the music industry with top artists such as Chance the Rapper, DaBaby, Halsey, and BTS, who utilize it for music promotion. 

Proxima brought in a number of strategic investors, including Silicon Valley veteran, Mahi de Silva, who will also assume the role of Triller's chairman. As a founder, CEO, leader, board member, advisor, and investor, de Silva has guided companies from startup to Unicorn exits totaling over $10 Billion including VeriSign, Sonicwall, AdMarvel, Opera, Slam Dunk Networks, Noventis, and Looksery.

"Triller has a created a vibrant community bringing together creators, artists, license holders, labels, and consumers, to foster and encourage large-scale consumption and monetization, for all involved parties, of music around the world, unlike competitors like TikTok," said Mahi de Silva.

"As a U.S company, Triller is laser-focused on the protection of our community from the prying eyes of nefarious parties or political agendas which has been a clear issue among our competitors."  

"Though we recognize that we compete with TikTok for social video distribution, our biggest differentiator is that we're committed to working hand-in-hand with the labels, artists, and creators to promote their work, music, and content and making it shareable across virtually all social media platforms," continued Lu. "This latest round of financing, and the partnerships we've formed with our strategic investors, will enhance our ability to out-perform competitors and support Triller's continued expansion in the US and across the globe." 

About Triller
Triller is an AI-powered music video app that allows users to create professional-looking videos in a matter of seconds. Pick a song, select the portion of the song you want to use, snap a few takes and with the tap of a button you have a celebrity-quality music video starring you and your friends. Triller relies solely on organic growth and has more than 60 million downloads, with celebrities from Kevin Hart to Vanessa Hudgens regularly using the app to create their own music videos.