Notes.fm raises $5M from artists to sell a $5-a-month royalty stack
Stem co-founder Tim Luckow is combining distribution, publishing administration and royalty recovery, with Stripe handling the money movement.
By RuntimeWire Staff · Published
Primary source: PR Newswire
Why it matters
Notes.fm's cap table gives Luckow trusted distribution into artist circles. The harder test is whether a $5 subscription can scale without taking a cut of royalties.
Tim Luckow (@timluckow), the Stem co-founder who has spent his career trying to untangle how independent musicians get paid, has raised $5 million for Notes.fm, according to a September 17th announcement.…