According to the Wall Street Journal, CÜR Media has received ”licenses from all three major record companies, giving them a collective $8 million in advance money.” In addition to the $8 million advances, CÜR has given each record company a ”5% stake in the company.” However, despite receiving such a high volume of investment cash, CÜR Media ”still […]
The post Streaming Startup CÜR Pays $8 Million for Major Label Licenses appeared first on Digital Music News.