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Business News Digital
Dubset raises $4 million
By Andy Malt | Published on Tuesday 28 February 2017
That thing that’s aiming to sort out the distribution of unofficial mixes and remixes to the streaming platforms, Dubset, has raised $4 million in funding, via an investment round led by Cue Ball Capital.
“Cue Ball’s leadership in this investment round, and strong participation from the music and venture capital community, validates our approach and strong belief that artists deserve to be fairly compensated for the use of their content”, said Dubset Media CEO, Stephen White. “DJs are the ultimate curators and hundreds of millions of music fans all over the world are hungry for their mixes and remixes”.
“We look forward to being able to make this amazing content available at scale”, he continued. “Our investors are a diverse group that share our belief that the music fans who love mix and remix content are a massively underserved audience who will benefit immensely from our work at Dubset”.
As previously reported, Dubset has had deals in place to pump content into Spotify and Apple Music since last year.
