Music Business Worldwide

Steve Stoute, CEO, UnitedMasters: 'That's not the record business, man – that's the lottery business!'

April 16, 2020 Music Business Worldwide Season 2 Episode 2
Steve Stoute, CEO, UnitedMasters: 'That's not the record business, man – that's the lottery business!'
Music Business Worldwide
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Music Business Worldwide
Steve Stoute, CEO, UnitedMasters: 'That's not the record business, man – that's the lottery business!'
Apr 16, 2020 Season 2 Episode 2
Music Business Worldwide

Steve Stoute is the founder and CEO of UnitedMasters – the US-based music distribution and services platform that in 2017 raised $70 million from backers including Google/Alphabet and 20th Century Fox.

UnitedMasters has signed brand partnership deals with the likes of the NBA and Apple Music, while helping break artists like NLE Choppa who – according to Stoute – signed an $8 million deal with Warner Records last year.

Stoute knows about the major label world: he's the ex-President of Urban Music at both Interscope and Sony Music, and rose to EVP at the former company.

On the podcast, Stoute explains why COVID-19 lockdown presents an opportunity for independent artists, why in his view modern record labels are over-spending and playing a "lottery" game with their money, and where UnitedMasters is going next.

Music Business Worldwide's Podcasts are supported by Voly Entertainment (previously known as Voly Music).

Show Notes

Steve Stoute is the founder and CEO of UnitedMasters – the US-based music distribution and services platform that in 2017 raised $70 million from backers including Google/Alphabet and 20th Century Fox.

UnitedMasters has signed brand partnership deals with the likes of the NBA and Apple Music, while helping break artists like NLE Choppa who – according to Stoute – signed an $8 million deal with Warner Records last year.

Stoute knows about the major label world: he's the ex-President of Urban Music at both Interscope and Sony Music, and rose to EVP at the former company.

On the podcast, Stoute explains why COVID-19 lockdown presents an opportunity for independent artists, why in his view modern record labels are over-spending and playing a "lottery" game with their money, and where UnitedMasters is going next.

Music Business Worldwide's Podcasts are supported by Voly Entertainment (previously known as Voly Music).