Royalties game-changer: $5 monthly fee for artists to keep all the rights

UnitedMasters is bringing a shift in music ownership - they are offering artists to either let the digital distribution and tools company take a 10 percent cut of their royalties, or pay a $5 monthly fee and keep all the royalties to themself. Artists who pay the monthly fee will have a chance to have their music be considered by ESPN. Seems an obvious choice for any artist whos monthly revenue from streaming music services is $50 or more. The company says it has distributed and promoted music for more than 500,000 artists across all the major streaming services and social-media sites. Bloomberg talked to UnitedMasters' Steve Stoute about it.