Rev (company)

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Rev
IndustryTranscription
Founded2010
Founder
  • Dan Kokotov
  • David Abrameto
  • Jason Chicola
  • Josh Breinlinger
  • Mark Chen
  • Paul Huck
HeadquartersAustin, Texas
Websiterev.com

Rev is an American speech-to-text company that provides closed captioning, subtitles, and transcription services. The company, based in San Francisco and Austin, was founded in 2010 and raised millions in funding since its inception. Its 50,000 independent contract workers transcribe audio for a low per-minute rate. The service is used by major companies including Amazon and Microsoft.[1] PC Magazine named the service an "Editor's Choice" in 2018,[2] and ranked it as the best transcription service in 2019.[3]

The company received press in November 2019 for lowering its base transcription worker pay rate from 45 cents per transcribed minute to 30 cents.[1] Rev popularized itself on its customer rate pricing of US$1 per minute of transcribed audio. In 2020, Rev raised its rate to $1.25. The company predicted that the number of jobs per transcriber would not decrease and that transcribers would be paid more for "harder jobs."[4]

References[]

  1. ^ a b Deahl, Dani (November 25, 2019). "Rev transcribers hate the low pay, but the disturbing recordings are even worse". The Verge. Retrieved November 26, 2019.
  2. ^ Moore, Ben (June 28, 2018). "Rev". PC Magazine. Retrieved November 26, 2019.
  3. ^ Moore, Ben (August 22, 2018). "The Best Transcription Services for 2019". PC Magazine. Retrieved November 26, 2019.
  4. ^ Statt, Nick (January 23, 2020). "Transcription service Rev is raising prices for the first time to $1.25 a minute". The Verge. Retrieved January 25, 2020.

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