Axios Re:Cap

Music industry exec Steve Stoute on moving past record labels

UnitedMasters, a music distribution platform that feels a little like Substack for singers, yesterday raised $50 million from investors like Apple — which almost never invests in startups.
Dan talks with UnitedMasters CEO Steve Stoute, known for producing albums by artists like Nas and Mariah Carey, about his company, the uncertain future of record labels and why it's important for musicians to own their own music.
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Axios Re:Cap is on hiatus until October 2021.