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Apple Invests $50M Into Music Distributor UnitedMasters

Discussion in 'Article Discussion' started by Melody Bot, Mar 31, 2021.

  1. Melody Bot Mar 31, 2021
    Melody Bot

    Your friendly little forum bot. Staff Member

    This article has been imported from chorus.fm for discussion. All of the forum rules still apply.

    Matthew Panzarino, writing for TechCrunch:

    Independent music distribution platform and tool factory UnitedMasters has raised a $50M series B round led by Apple. A16z and Alphabet are participating again in this raise. United Masters is also entering a strategic partnership with Apple alongside this investment.

    If you’re unfamiliar with UnitedMasters, it’s a distribution company launched in 2017by Steve Stoute, a former Interscope and Sony Music executive. The focus of UnitedMasters is to provide artists with a direct pipeline to data around the way that fans are interacting with their content and community, allowing them to connect more directly to offer tickets, merchandise and other commercial efforts. UnitedMasters also generally allows artists to retain control of their own masters.

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