, announced a $50 million Series B investment led by Apple with follow-on investments from Alphabet and Andreessen Horowitz. According to the announcement, the Series B investment “fuels the company’s mission to enable artists to maintain full ownership over their work while expanding their economic opportunity and introducing them to millions of new fans.”
“The power in the music industry has shifted back into the hands of the artist,” said Stoute. “We are taking that power and using it to place the industry’s intellectual property back into the hands of its rightful owners.
“Steve Stoute and UnitedMasters provide creators with more opportunities to advance their careers and bring their music to the world,” said Apple’s Eddy Cue. “The contributions of independent artists play a significant role in driving the continued growth and success of the music industry, and UnitedMasters, like Apple, is committed to empowering creators.”
United Masters was launched in 2017 by Translation founder and music industry veteran Stoute, who had previously held roles at Sony Music and Interscope Records.
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
UnitedMasters raises $50 million in a rare investment from AppleApple's $50 million investment in this music platform is the first time it has led a startup funding round since it backed Didi in 2017 If you’re a business minded person you’ll know investing for the future is really helpful, you can be making $105 by online trading daily, PM me if you have a phone or PC let’s go ✅✅✅ wow
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »