Oct 28, 2021 -
In this conversation, Berber Jin interviewed Steve Stoute, the founder of UnitedMasters, a new music distribution platform for independent artists at The Information's 2021 Creator Economy Summit. They discuss how UnitedMasters functions as a "record label in your pocket" by allowing artists to maintain ownership of their music and have direct access to their audience. They also touch on the changing dynamics of the music industry, the role of social media platforms like TikTok in artist discovery, the use of cryptocurrencies as a form of payment for artists, and UnitedMasters' recent $50 million series C funding round led by Andreessen Horowitz. The conversation highlights the growth of the creator economy and the need for artists to have more control and freedom in the music business.
