"DJ Defined" web and mobile app radio service Dubset recently received $500k in funding on top of $100k and it looks like they're going to need it.
They've developed unique technology for identifying songs in dj mixes so the artists get paid and the service is free for both djs and listeners. Understandably folks have been wondering how Dubset will get their cut. It turns out the answer is scattered throughout the site.
I can see why people like Dubset. The site looks great, there are a growing range of dj created mixes and you don't have to show up at a particular time to enjoy whatever it is you're looking for.
Dubset has developed widely noted "MixScan" technology for identifying tracks within DJ mixes and for paying artists. That means they are also paying technical personnel and, given that they're a streaming music service, must have some hefty hosting fees.
So where's the money?