Steve Stoute, entrepreneur, philanthropist, and President and Founder of music tech company UnitedMasters, discusses the new platform and how it seeks to disrupt the record label business.
Stoute digs into how the company works, noting that the ultimate goal is to allow artists to keep rights to their music, while still being able to reach fans in intimate ways through today's digital landscape. With UnitedMasters, artists will pay the company to distribute their music across platforms like Spotify, Youtube, and SoundCloud. The company splits royalties with the artist, while the artist retains the rights to the master recordings.
Stoute also discusses the state of the media industry today as women continue to speak out against sexual assault and harassment. Stoute talks the importance of this change in culture around women and people of color and why minorities have been, and will continue to be, important to business.
UnitedMasters recently raised $70 million in funding, led by Google, 20th Century Fox, and venture capital firm Andreessen Horowitz.
Ariana Grande uploaded a live performance of her song 'Honeymoon Avenue.'
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we're following the Jackson Hole Economic Symposium, UPS, Dollar Tree, Nvidia and Peloton.
Miley Cyrus and Selena Gomez released new music on Friday.
'Gran Turismo' is coming out Friday in theaters.
'Dune: Part Two' will now be released next year instead of in November.
A hospital in Georgia celebrates babies in the NICU with a graduation ceremony when they are discharged.
Summer is nearing its end but that doesn't mean you can't still catch some fun in the sun without breaking the bank. Viveca Chow, an expert on free and cheap things to do in New York City, joined Cheddar News to provide tips on where and how you can save while visiting the city.
The London Zoo had its annual weigh-in to keep records of animals there updated.
Police are warning about a wild monkey that's on the loose in Florida.
Ahead of National Dog Day on Saturday, Alina Hauptman from Best Friends Animal Society joined Cheddar News to discuss adopting a dog from a shelter and what the organization is doing to help pets that have survived the Maui fires.
