- Stem, an L.A. music-fintech company that counts Zac Brown Band, Foster the People and Toro Y Moi as clients, announced a $10 million raise.
- The pandemic has hurt the music industry but has made Stem's tools and artist loan program 'more relevant than ever.'
- Stem has distributed over $100 million in royalty payments since its launch in 2016.
With so many musicians out of work, the pandemic has been about as useful to the music industry as a broken guitar string. But, Stem Disintermedia's co-founder Milana Rabkin says it has made her company — and the technology to help artists manage their business affairs — more relevant than ever.
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The Pandemic Has Changed the Music Industry Forever. Meet the LA Music-Tech Startups Poised to Reshape It.
- The pandemic has ravaged the music industry, but music-tech companies are poised to drive its growth into an industry where a music company is much more than music.
- Los Angeles is home to a bustling ecosystem of startups empowering musicians through a variety of next-generation technologies.
- The Takeaway: Innovations in music-tech offer new tools to independent artists to help them create music, manage money, reach fans and share their music in vivid, immersive ways.
Musicians' Jammcard profiles help them to collaborate
- Column: How Music Tech is Making it Easier, and Harder, for Artists ... ›
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- TikTok Says it Will Pay Creators— and Universal Music Group - dot.LA ›
- 12 LA-Based Music Tech Startups To Watch - dot.LA ›
- Music Tech is Making it Easier — and Harder — for Artists - dot.LA ›
- Music Tectonics Conference Announces its 2020 Lineup - dot.LA ›
- Output Raises $46M to Make Creating Easier for Musicians - dot.LA ›