This Week in Startups Next Unicorns: Splice CEO Steve Martocci, building the Github for music | E1265
Aug 13, 2021
Steve Martocci, CEO of Splice and co-founder of GroupMe, dives into the dynamic world of music rights and innovation. He discusses how Splice democratizes music creation through a subscription model that eliminates royalty hassles, enabling greater artistic expression. The conversation also touches on the transformative role of AI in music, fostering creativity while preserving traditional revenue models. Martocci highlights the challenges artists face with sampling and how Splice provides a solution that benefits them financially.
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Splice's Artist Payouts
- Steve Martocci proudly shares that Splice has paid out over $40 million to artists.
- This unique revenue stream is incremental for artists and pays better than streaming.
Contributing to Splice
- Apply to contribute samples to Splice, but prioritize originality and quality.
- Splice's content team reviews submissions for originality and quality control.
Empowering Emerging Artists
- Splice empowers emerging artists by providing incremental income.
- This financial stability allows artists more leverage in negotiating deals.