Dubset raises $4M to legalize remixes for Spotify and Apple Music.
Record labels refuse to allow streaming of remixes and hour-long DJ sets unless copyright owners get paid for every little sample. Dubset just raised $4 million to handle that legal mess so Spotify and Apple Music can offer the type of music that used to live illegally on SoundCloud.
“This year will be huge in opening up this ecosystem,” Dubset CEO Stephen White tells me.
“We have some very big labels and publishers about to join.” He explains the $4 million “allows us to scale operations to onboard the thousands of labels and publishers already signed up and get the rest on board.”