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Who Needs a Record Label? VC-Like Investments Power New Music Artists

Who Needs a Record Label? VC-Like Investments Power New Music Artists

Nov. 25, 2023 9:00 am ET

Call it the music industry’s version of venture capital. 

A generation of independent music artists—from a ukulele-strumming college student to pop singers belting in front of smartphones—are getting their start outside of major labels with the help of online marketplaces that pair them with financial backers.

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