PELOTON ACQUIRES NEUROTIC MEDIA LLC TO ENHANCE ITS MEMBERS’ MUSIC EXPERIENCE

Peloton

Fitness Technology Brand Enhances Music Offerings with Addition of Atlanta-based Music Technology Platform, Marking the Company’s First-Ever Acquisition

 NEW YORK, June 27, 2018–Peloton, the technology company revolutionizing the fitness category, today announced its first-ever acquisition with the purchase of Neurotic Media LLC, an innovative Atlanta-based digital music aggregator, streaming and download source. Founded in 2001 by music industry veteran Shachar “Shac” Oren, the B2B music platform will enable Peloton to provide its Members with an enriched music experience. Oren will become a Vice President at Peloton, while retaining his role as CEO and President of Neurotic Media, whose team and offices remain in Atlanta and continue to operate as a standalone subsidiary serving third party clients. Oren will report to Paul DeGooyer, Peloton’s Head of Music.

This announcement marks a major milestone as Peloton further solidifies its industry leadership in fitness technology and media, delivering best-in-class content to a growing audience worldwide. Integrating Neurotic Media’s technology and innovations into Peloton’s platform will bring unprecedented functionality to Members, enhancing their experience.

“Our Members have embraced music as central to the Peloton experience and consistently rank it as one of the top aspects of the brand,” said DeGooyer. “The addition of Shac and his amazing team to the Peloton family will help us rapidly deploy new music features we know our Members want, along with some unique innovations we think they’ll love.”

“We’re proud to join Peloton’s world-class team, and excited to help bring the kind of Member experience breakthroughs the brand is known for to their already powerful music solution,” added Neurotic Media’s Oren. “Peloton’s platform, instructors and community present a rich environment for music ideation and innovation. We’re looking forward to amplifying Peloton’s technology to help Members achieve their fitness goals while discovering great music along the way.”

This acquisition comes on the heels of a number of notable announcements including: the launch of Peloton Digital, an expanded Peloton iOS app; the announcement of international expansion, beginning with the United Kingdom and Canada this Fall; May’s opening of the new Peloton Tread studio in NYC; as well as the announcement of a massive multi-studio space to open on Manhattan’s West Side in 2019.

 

About Neurotic Media

Neurotic Media is a leading white-label music service provider whose platform and services offer proven ways to drive consumer behavior and increase revenue. Neurotic Media is licensed by both major and independent record companies to take care of all back-office functions for its customers in a turn-key, Software as a Service (SaaS) solution. The company’s cloud-based media platform supports music applications on iOS and Android, hosted website management, and API services for online retailers, record companies, and various consumer brand marketers and agencies. Its customers include major record companies and their top artists, who have leaned on its technology for over a decade to fulfill their needs in digital campaign management. Neurotic Media supports its customers’ deployments with design and development consultation, merchandising services, and best-practices that help customers drive measurable results. For more information, visit www.neuroticmedia.com.

 

About Peloton

Founded in 2012, Peloton is reinventing fitness by bringing live and on-demand boutique-style studio classes to the convenience and comfort of your own home. Its immersive fitness content, taught by Peloton’s roster of elite instructors, features real-time motivation and curated playlists of Members’ favorite artists. The Peloton experience can be accessed through the Peloton Bike, the Peloton Tread, or Peloton Digital, an iOS app that offers an all-access pass to a full slate of fitness offerings, anytime, anywhere. Peloton is changing the way people get fit through a comprehensive and socially connected experience that makes every workout both efficient and addictive. The company has a growing number of retail showrooms across the US and, starting later this year, will launch in the UK and Canada. For more information, visit www.onepeloton.com.

 

Media Contacts:
Michael Braun: (212) 334-0333 peloton@id-pr.com or Jessica Kleiman, (646) 829-1633 jkleiman@onepeloton.com

 

Neurotic Media Named a TAG Top 40 Innovative Technology Company

Technology Association of Georgia Honors 40 Companies for Innovation
and Contributions to the State’s Technology Community

 

ATLANTA (February 22, 2018) – The Technology Association of Georgia (TAG), the state’s leading association dedicated to the promotion and economic advancement of Georgia’s technology industry, today announced Neurotic Media as one of its Top 40 Innovative Technology Companies in Georgia. TAG will recognize this prestigious group at The Summit 2018 on March 20th and 21st, 2018, at the Cobb Galleria Centre, where awarded companies will be showcased in an exhibition.

Tag Top 40 2018TAG’S Top 40 Awards recognize Georgia-based technology companies for their innovation, financial impact, and their efforts at spreading awareness of Georgia’s technology initiatives throughout the U.S. and globally. This year’s Top 40 were selected from among over 100 applications submitted by companies from across Georgia.

“The 2018 Top 40 finalists are an elite group of innovators who represent the very best of Georgia’s Technology community,” said Larry Williams, president & CEO of TAG. “The 2018 Top 40 finalists are shining examples of what makes our State such a hotbed for technology and we applaud them for standing out as leaders in Georgia’s technology community.”

“This year’s Top 40 was more competitive than ever,” said Dennis Zakas, managing partner of Zakas & Leonard, LLP and chairperson of the Top 40 Selection Committee. “In our quest to showcase the most innovative companies in Georgia, we had to make hard decisions, resulting in the exclusion of numerous deserving companies, many of which had been recognized as a Top 10 company in the past. The companies that we selected this year are truly outstanding.”

“We thank TAG for this wonderful award and congratulate our fellow award winners,” said Shachar Oren, Founder and CEO of Neurotic Media. “This award is a testament to our team’s constant diligence in pushing the envelope technically and operationally. As a white-label music service, we constantly morph and enhance our technology with the changing nature of the music business and the rapid growth of our customers. From iOS and Android subscription Apps and innovating API services to cloud platforms and MongoDB high-speed database deployments, we’ve achieved so much in the last few years and we are proud to see our work recognized by the TAG community. It is exciting to see such tremendous growth in the Georgia high tech sector in recent years, and we’re proud to stand beside the other award winners.”

TAG summit 2018The Summit 2018 is expected to draw a crowd of more than 1,500 C-level executives, entrepreneurs, technology professionals and academia to celebrate and recognize Georgia’s technology community. In addition to presentations from some of the top technology influencers in the nation, the newest member of the Technology Hall of Fame of Georgia will be inducted.  For more information about TAG and The Summit and to register for the event, visit http://www.tagsummit.com/ Follow the conversation on Twitter through #TAGSUMMIT. A full list of award winners is available at the TAG site as well.

 

About The Technology Association of Georgia (TAG)

TAG is the leading technology industry association in the state of Georgia, serving more than 30,000 members through regional chapters in Metro Atlanta, Athens, Augusta, Columbus, Macon/Middle Georgia, and Savannah. TAG’s mission is to educate, promote, and unite Georgia’s technology community to foster an innovative and connected marketplace that stimulates and enhances a tech-based economy. Additionally, the TAG Education Collaborative (TAG’s charitable arm) focuses on helping science, technology, engineering and math (STEM) education initiatives thrive. For more information visit the TAG website at tagonline.org or TAG’s community website at hubga.com. To learn about the TAG-Ed Collaborative visit tagedonline.org.

 

About Neurotic Media:

Neurotic Media is a leading white-label music service provider whose platform and services offer proven ways to drive consumer behavior and increase revenue. Neurotic Media is licensed by both major and independent record companies, and takes care of all back-office functions for its customers in a turn-key, Software as a Service (SaaS) solution. The company’s cloud-based media platform supports music applications on iOS and Android, hosted website management, and API services for online retailers, record companies, and various consumer brand marketers and agencies. Neurotic Media supports its customer’s deployments with design and development consultation, merchandising services, and best-practices that help customers drive measurable results. For more information, visit neuroticmedia.com.

 

# # #

For Media Inquiries:

 

Neurotic Media:

Amanda Thornton

Amanda@neuroticmedia.com

(404) 248-0804

 

Technology Association of Georgia:

Barbara Martin

barbara@tagonline.org

(404) 920-2006

Our CEO named President of GMP

Shachar Oren, Founder and CEO of Neurotic Media, was elected President of Georgia Music Partners (GMP), the authority that promotes, grows and improves the music economy in the state of Georgia. GMP was the primary driver behind Georgia’s Music Investment Act (HB-155), which Governor Deal signed into law in May 2017. GMP is now focused on promoting Georgia’s Music Investment Act to the music industry nationally and locally in order to drive job growth in Georgia, and emphasize workforce readiness strategy in collaboration with academia. GMP is led by a Board of industry professionals who all volunteer pro bono to drive GMP’s mission forward.

The following post was made on the GMP site by exiting founding president Tammy Hurt on September 8th, 2017:

It has been a privilege and humbling experience to serve as president of Georgia Music Partners (GMP) these last 7 years. With a huge legislative win and Governor Deal’s signing of HB 155 into Georgia’s Music Investment Act, the stage is set for Georgia to exponentially grow its music industry. While I have very much enjoyed being at the helm of the organization, it’s time for me to concentrate on building my business and focus on fulfilling my role as national Trustee of the Recording Academy Atlanta. It’s an exciting evolution for me and it is a very good time for GMP.

I am passing the proverbial baton to my colleague, Shachar “Shac” Oren, who has served as a GMP board member since 2014. I believe he is the best person within the organization to lead GMP’s business and workforce development efforts to grow Georgia’s music economy. At our last board meeting, Shac was unanimously voted in as president. If you don’t already know him, he is CEO & President of both Neurotic Media and Amplified. Shac will follow up in upcoming days with information about GMP’s roadmap for 2017-2018.
I’m not leaving, just making way for the organization to continue on the path we have created together. I will continue to provide support to my fellow colleagues and the organization going forward as a board member and sponsor.

It has truly been an honor to have been a small part of the big journey.

Tammy Hurt
Founding President, Georgia Music Partners

GrammyCelebration2017

TAMMY HURT, MALA SHARMA AND MICHELE CAPLINGER RECEIVING THE GMP RECOGNITION AWARDS FROM SHACHAR OREN DURING THE RECORDING ACADEMY SUMMER CELEBRATION, AUG 2017.

 

Our CEO named Advisor of GMP

Shachar OrenShachar Oren, Founder and CEO of Neurotic Media, was named Advisor of Georgia Music Partners (GMP), the advocacy arm of The Recording Academy® Atlanta Chapter. GMP advocates the promotion of music in business and related music technology in the state of Georgia.

“Oren’s vast experience and understanding of music technology make him a considerable addition to our team,” said Tammy Hurt, President of GMP and Placement Music. “We look forward to having his insights to help guide GMP in the upcoming year.”

Read the full announcement here.

Neurotic Media powers Qwyrk’s launch of “self-expression” streaming service

Qwyrk transforms digital messages into dynamic moments infused with your favorite music, movie clips and sound effects

Atlanta, GA – August 26 , 2013 – Neurotic Media, a leader in digital entertainment services that empower brands to influence consumer behavior and drive revenue, announced today that the company’s API services now power streaming start-up Qwyrk. Qwyrk allows you to select and edit any audio from Qwyrk’s library of millions of songs, movie quotes & sound effects; tag your customized sound to your message; and share your Qwyrk through email, Facebook, and Twitter.

Neurotic Media’s platform integrates and hosts all digital catalogs and supports Qwyrk streaming deliveries and transcoding services. In its capacity as back-end platform provider to Qwyrk, Neurotic Media handles reporting to various stakeholders including record companies and publishing reporting entities.

img-qwyrk“Qwyrk marks our first streaming service customer deployment – yet another validation of the strength and diversity of our growing platform and service line,” commented Shachar Oren, Neurotic Media’s CEO.  “We are excited to work with Qwyrk and believe in the remarkable promise of their unique new service. The simplicity of their offering is unmatched; it is basically a musical or audio “clip”, customizable, and sharable in both one-to-one and one-to-many configurations – which make it a wonderful broadcast tool for artists as well as for individual fans.” Oren added, “We laud the team at Qwyrk for inventing a new and unduplicated way to monetize content such as music – while respecting the need to compensate artists and content owners.”

“Email and social media users are looking for ways to add context, clarity and fun to their text-based communication,” said Qwyrk CEO, Jon Otis. “Qwyrk provides a quick, easy way to do that with short segments of premium audio entertainment.  We are very pleased to be working with Neurotic Media as our back-end service provider. They understood our vision from the start and have provided us with reliable, efficient service that adapts to our ever-changing operational demands. Neurotic Media is a first class digital service provider and we look forward to growing our business with them.”

About Neurotic Media:

Neurotic Media is a leading digital music private-label service provider whose platform and services offer proven ways to drive consumer behavior and increase revenue.  Neurotic Media is licensed by both major and independent record companies, and takes care of all back-office functions for client brands in a turn-key, Software as a Service (SaaS) solution.  The company’s cloud-based media platform supports hosted website management, music applications, and API services for mobile carriers, online retailers, and various consumer brand marketers who seek to engage consumers with the universal power of artists and songs.  It’s new “Amplified® Unlimited” service offers mobile carriers a white-label, native-application solution with unlimited access to music downloads, sellable as either a bundled offering with data plan subscriptions, or as an add-on item.

About Qwyrk:

Qwyrk Media Inc. is the developer of Qwyrk, an iPhone app that allows users to add music, movie quotes and sound effects to email and social media messages, bringing clarity, context and fun to digital communication. Qwyrk enables users to search, edit and share up to 24 seconds of popular entertainment content. It is free to download and supported by advertising. Qwyrk is currently working with major Canadian and U.S. music labels, film studios, premium content libraries and advertisers to leverage its new platform throughout North America and soon, worldwide. For more information, please visit qwyrk.com.

 

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