GarageBand.com

Gpal

Conference
DEMO 06
Market Segment
Consumer service
Funding Details
Funded by private investors. In negotiations for a $3 million Series C funding by a venture capital firm with aim of closing by DEMO conference.
Competitors
No direct competitors. Related services: MySpace, Odeo, Yahoo Music/LAUNCHcast, Pandora, Last.FM, MusicMobs.
Product Description
Gpal is an indispensable companion for iTunes with three key benefits: (1) it helps you organize your existing music library by auto-creating play lists of similarsounding artists, (2) helps you discover new music by automatically downloading free songs from the hottest GarageBand.com artists that fit your tastes, and (3) lets you share your listening profile online and find people with similar tastes. (Support for other media players coming soon.)
Market Opportunity
Thirty-six million Americans download music off the Internet1 and 85% of 12- to 24-year-olds prefer the Internet for discovering new music2. The installed base of MP3 players or iPods is 22 million1, growing to 66 million by 20103. (1Pew Internet, 2USC Media Lab, 3The Yankee Group)
DEMO Says
By monitoring what you listen to, Gpal delivers custom podcasts of new artists customized to your taste in music. The service is great for consumers, but the real advantage goes to GarageBand.com. Because Gpal inserts itself at the intersection of online music and podcasting, it has a tremendous vantage point from which to gauge the tastes and interests of music consumers. One can only imagine how that advantageous position will fuel other business prospects.
Contact
Ali Partovi
ali@garageband.com
Company Address
3011 Baker St.
San Francisco, CA 94123
Primary Phone
415-704-3432
Primary Fax
415-704-3432
URL
www.garageband.com / www.gcast.com
Corporate Officers
Ali Partovi, CEO; Jerry Harrison, Chairman

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Who launched at DEMO?
Next Event: DEMO Fall 2011