Rev (company)
Rev is an American closed captioning, subtitles, and transcription service. The company, based in San Francisco and Austin, was founded in 2010 and raised million in funding. Its 50,000 independent contract workers transcribe audio for a per-minute rate. The service is used by major companies including Amazon and Microsoft. PC Magazine named the service an "Editor's Choice" in 2018, and ranked it as the best transcription service in 2019.
The company received press in November 2019 for lowering its base transcription pay rate from 45 cents per transcribed minute to 30 cents. Rev popularized itself on its rate pricing of 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".
