Analysis News From Dua Lipa’s copyright lawsuit win to Concord’s Stem acquisition… it’s MBW’s Weekly Round-Up The biggest stories from the past week – all in one place…
Interviews ‘Stem is now the most well-funded, well-supported independent player in the distribution space.’ Concord's Tom Becci and Stem's Milana Lewis discuss the strategic thinking behind Concord's acquisition of the Los Angeles-based distribution platform
Analysis News From Sony’s deepfake takedowns to Ackman’s UMG stake sale… it’s MBW’s Weekly Round-Up The biggest stories from the past week – all in one place…
Interviews ‘When artists say they want to be independent, what they really mean is they want to be autonomous.’ Stem founder, Milana Rabkin-Lewis, on her company, TikTok vs. UMG, AI, and much more
News Stem introduces ‘Tone’ financial services platform for the music industry Stem says that Tone aims to 'fix the broken financial processes' across the music industry.
News Stem raises $250m from Victory Park Capital to expand artist advances News arrives more than a year after Stem raised $20 million in a new round of funding
News Stem, which has paid out $180m in royalties as of 2021, bolsters Artist & Label Strategy Team Seth Faber promoted to VP of Artist & Label Strategy; Vivian Yohannes joins as Director of Artist & Label Strategy, Hip Hop and R&B
News Stem, having paid out $100m in royalties to date, secures $10m in new financing Company has added Coach K, Mark Gillespie, Red Light managers and others as new investors
Interviews Why $12m-backed Stem dumped DIY distribution – and why its founder worries about the music industry ‘making aggressive bets and being wrong’ Milana Rabkin Lewis joins MBW's podcast to talk distribution, A&R and stream fraud
News Stem now has $100m of advances to offer independent artists and labels, as it challenges ‘heartbreaking’ record deals "It’s heartbreaking to witness people take money without clearly seeing the amount they have to pay back, how long it will take, or how much ownership they are giving up."
News After pivot away from DIY distribution, Stem welcomes ex-Venmo COO Mike Vaughan to Board of Directors Fintech expert will "provide industry insights and connections that will propel Stem's artist and label offerings"
News Having raised $12.5m to date, Stem quits DIY distribution, increases its fees and focuses on ‘top performing artists’ Firm launches 'Stem Direct' which it says will super-serve VIP artists
News Financial platform Stem, which counts Frank Ocean and Childish Gambino as clients, raises $8m Total money raised so far by royalties software tops $12.5m
