Dubset Grabs $500K For Legal Online DJ Mixes
Dubset has closed $500,000 from angel investors and Governing Dynamics Venture Capital to bring DJ mixes online legally. The company had previously raised $100,000 in financing. Mixes can be legally tricky. It's much harder to track plays and pay royalties than it is for single tracks in internet radio.
Dubset created and uses MixScan technology to solve that problem and track each song in a mix.
Chief Operating Officer Bob Barbiere told SAI that Dubset will use the funds to improve DJ tools, hire key executives and mobile apps relationships. Universal Music Group executive Steve Rifkind has also joined the Board of Advisors
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Dubstep created and uses MixScan technology to solve that problem and track each song in a mix.
I think you mean Dubset, as Dubstep is something completely different.
I’ve known about dubstep for some time. I can’t for the life of me figure out their business model. Are they really planning on paying out each individual artist for tracks that are spun?
What happens when there’s an edit of a song or a bootleg remix? How are people getting compensated then? Congrats on them getting the funding to keep on trying but I don’t see this being a profitable company anytime soon.