6min chapter

a16z Live cover image

Steve Stoute on Unfettered Conversations with A and Z

a16z Live

CHAPTER

How Does the Economics Work?

Unite masters is a profitable company, so clearly tthe economics work. How how is that possible? Well, thetee, there's something odd about the artist create a business. Were, if you're an artist, it was almost like you weren't supposed to make a lot of money. And record company executives were making 15, 20 million dollars guaranteed a year during tece ever wit,. You know, many, i mean, i was making two and a half million dollarstand me. People just making money. The independent music community outside of united masters.is the fastest growing segment in business. It tees more supply and demand than any reckond company can handle.

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