Stem co-founder Tim Luckow raises $5M for royalty platform Notes.fm
Music Business Worldwide reports that Zach Bryan, Benny Blanco and Ari Emanuel are among the backers. Notes says it takes no percentage of musicians’ royalties.
TLDR
Stem co-founder Tim Luckow has raised $5 million for Notes.fm, with Zach Bryan, Benny Blanco and Ari Emanuel among the backers, Music Business Worldwide reports. The outlet quotes Notes saying the money will fund continued platform development and scaled marketing efforts as it takes its offering to artists globally. Notes advertises music distribution to 50-plus platforms and royalty collection in one place, and says it takes no percentage of musicians’ royalties.
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Stem co-founder Tim Luckow raises $5M for royalty platform Notes.fm
Music Business Worldwide reports that Zach Bryan, Benny Blanco and Ari Emanuel are among the backers. Notes says it takes no percentage of musicians’ royalties.
TLDR
Stem co-founder Tim Luckow has raised $5 million for Notes.fm, with Zach Bryan, Benny Blanco and Ari Emanuel among the backers, Music Business Worldwide reports. The outlet quotes Notes saying the money will fund continued platform development and scaled marketing efforts as it takes its offering to artists globally. Notes advertises music distribution to 50-plus platforms and royalty collection in one place, and says it takes no percentage of musicians’ royalties.