UnitedMasters and Steve Stoute Play a Different Tune
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.
Jackie Siegel, best known for her 2012 documentary 'The Queen of Versailles,' joined Cheddar News to reflect on the death of her daughter due to a drug overdose. She also discussed how she's using her platform to advocate for awareness of overdoses and to help with prevention.
A Los Angeles County Sheriff's Department deputy died after he was shot in his patrol car Saturday evening by an unknown assailant, and an investigation is underway that the sheriff said will press all of the department’s resources into action.
Jann Wenner, who co-founded Rolling Stone magazine and also was a co-founder of the Rock & Roll Hall of Fame, has been removed from the hall's board of directors after making comments that were seen as disparaging toward Black and female musicians. He apologized within hours.
Three British news organizations reported Saturday that comedian and social influencer Russell Brand has been accused of rape, sexual assault and abuse based on allegations from four women who knew him over a seven-year period at the height of his fame.
