INSUBCONTINENT EXCLUSIVE:
Stem, a startup that helps independent musicians get paid, is expanding with a new financing program called Scale.Co-founder and CEO Milana
It also offers a broader suite of tools, including revenue data, to help musicians manage the financial side of their careers.However,
without having to sign a restrictive contract
as money is actually earned.Money might not be the only thing a musician needs, but Rabkin Lewis (a former agent at the United Talent
Agency) said that marketing and other services that were once the sole domain of record labels are now available through independent
And Stem already helps connect artists to those specialists through its Stem Direct membership program.While Scale is officially launching
today, Stem has already been testing the program with select artists
Rabkin Lewis said the advances vary from $2,500 to $250,000, with most of them in the $50,000 to $100,000 range, and payback periods ranging
from four to 18 months.Artists who have already participated in the program include Brent Faiyaz, Justine Skye and Lil Donald.Rabin Lewis
I want to be the platform that understands what it means to be a creative professional and be able to provide the best-in-class services to
