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Steve Stoute

From Wikipedia, the free encyclopedia
American businessman (born 1970)
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Steve Stoute
Stoute in 2014
Born (1970-06-26)June 26, 1970 (age 55)
Other namesThe Commissioner
Occupations
Websitetranslationllc.com

Steve Stoute (born June 26, 1970) is an Americanrecord executive who concurrently was Executive Vice President ofInterscope Geffen A&M Records and President of Urban Music atSony Music from 1999 to 2009. In 2017, he founded the music distribution platformUnitedMasters, for which he ischief executive officer (CEO). He also founded Translation, a music marketing agency, in 2004.[2]

With singerMary J. Blige, he co-founded the non-profit, Foundation for the Advancement of Women Now (FFAWN) in 2008.[3] In 2011, he released a book,The Tanning of America: How Hip-Hop Created a Culture That Rewrote the Rules of the New Economy.

Career

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Music

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From 1990 to 1999, Stoute was an executive at several labels in the music industry.[4] AtInterscope Geffen A&M Records, Stoute was President of the Urban Music division and executive vice president.[5] Prior to joining Interscope, Stoute was president of Urban Music forSony Music Entertainment, where he played a role in launching the music career ofWill Smith.[6] Stoute is the former manager ofNas,Trackmasters andMary J. Blige.[7]

In April 1999, rapperSean Combs assaulted Stoute in his office with achampagne bottle over Combs' demand to not air a Nas video he appeared in.[8] In June 1999, Stoute sued, resulting in a $500,000 out-of-court settlement from Combs.[9]

Advertising

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In 2003, Stoute was part of an unsuccessful pitch to convinceLeBron James to sign a $10 million contract with Reebok.[10][11] That same year, Stoute recruited rapperPusha T to writeI'm Lovin' It (song) forMcDonald's.[12]

In 2009, Stoute was inducted into theAmerican Advertising Federation's Advertising Hall of Achievement, an award for outstandingadvertising professionals age 40 and under.[13] In 2010, Stoute was recognized as "Innovator of the Year" by the ADCOLOR Industry Coalition, an initiative to promote increased diversity in the advertising, marketing, and media industries. In 2013, Stoute was named "Executive of the Year" by Ad Age, a leading publication for the advertising and marketing industries.[14]

Management

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In 2005, Stoute became the managing director and CEO ofCarol's Daughter, a multi-cultural beauty brand. He brought together a board of investors includingJada Pinkett Smith,Will Smith,Jay-Z,Mary J. Blige,Jimmy Iovine,Tommy Mottola, andThalía. Spokeswomen for the line have includedMary J. Blige,[15]Solange Knowles,Cassie Ventura,Selita Ebanks,Kim Fields, and Jada Pinkett Smith.[16][17] The company grew and sought partnerships withDisney'sThe Princess and the Frog via a collection of hair and body products for children and with HSN via an exclusive fragrance launch with Mary J. Blige.[18][19] He has appeared in theHBO seriesThe Black List Project that features interviews and portraits with leading African American figures on being Black in America.[20]

Books

[edit]

Stoute released his first book,The Tanning of America: How Hip-Hop Created a Culture That Rewrote the Rules of the New Economy, in 2011 through Gotham Books.[21] In the book, Stoute draws from his background in the music industry and brand marketing to chronicle how hip-hop came to define urban culture as the new embodiment of cool.[22]

In February 2014, the book was made into a four-partVH1 documentary, "The Tanning of America: One Nation Under Hip-Hop."[23] In April 2014, the book was released as an audiobook narrated byKerry Washington.[24]

Stoute has been a keynote or featured speaker at many events including the International Consumer Electronics Show,[25] the Sundance Film Festival,[26] South by Southwest (SXSW),[27] Fast Company Innovation Uncensored,[28] and AAF's ADMERICA.[29] He appeared on the main stage at the Cannes Lions International Festival of Creativity withSean Combs in 2013,[30] and again withKanye West and Venture CapitalistBen Horowitz in 2014.[31]

References

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  1. ^Williams, Jay (July 15, 2022)."Translation CEO Steve Stoute on vision in advertising and music The Limits with Jay Williams NPR".NPR. RetrievedApril 1, 2023.
  2. ^"Can Steve Stoute's UnitedMasters Produce Another Music Business Success?".Forbes.com.
  3. ^Wolfe, Roman (October 2009)."Mary J. Blige's Center for Women Opens in Yonkers". All Hip Hop. RetrievedAugust 22, 2011.
  4. ^Williams, Jay."Meet the mogul behind the rise of Mariah Carey, Will Smith and Nas".The Limits with Jay Williams (Podcast).NPR. RetrievedOctober 15, 2022.
  5. ^"Genius Appoints Translation Founder Steve Stoute to Board of Directors".Billboard. RetrievedNovember 8, 2018.
  6. ^Leeds, Jeff (September 22, 2004)."Bridging Hip-Hop Consumers and Suits".The New York Times. RetrievedNovember 8, 2018.
  7. ^"Meet Steve Stoute, The Go-To Adman For Lady Gaga And Jay-Z".Business Insider. RetrievedNovember 8, 2018.
  8. ^O'Connor, Christopher (September 8, 1999)."Puff Daddy Pleads Guilty To Reduced Charge In 'Hate Me Now' Case". Sonicnet. Archived fromthe original on January 15, 2000. RetrievedApril 30, 2020.
  9. ^Frankel, Daniel (June 17, 1999)."Puffy Settles with Battered Record Exec". E! Online. Archived fromthe original on November 3, 1999. RetrievedApril 30, 2020.
  10. ^Kathleen, Elkins (July 24, 2017)."Why LeBron James turned down $10 million when he was 18 and still living in the projects".
  11. ^Shannon Sharpe At New York City Projects w/ Steve Stoute, FaceTimes Nas & Untold Kobe+LeBron Stories. March 6, 2024. Event occurs at 20:10 – via YouTube.
  12. ^Hale, Kori (November 8, 2021)."Steve Stoute's UnitedMasters Music Platform Reaches $550 Million Valuation".Forbes.
  13. ^"Steve Stoute Advertising Hall of Achievement Induction Video". AAFChannel Youtube. December 10, 2008.Archived from the original on December 21, 2021. RetrievedAugust 22, 2011.
  14. ^"ADCOLOR Honors Steve Stoute, Queen Latifah". Atlanta Post. November 12, 2010. Archived fromthe original on July 9, 2012. RetrievedAugust 22, 2011.
  15. ^"Mary J. Representing Carol's Daughter – Brown Sista".Brown Sista. August 24, 2006. RetrievedMarch 30, 2017.
  16. ^Smith[dead link]
  17. ^"Will Smith, Jay-Z back beauty line". CNN Money. May 2005. RetrievedAugust 22, 2011.
  18. ^Naughton, Julie (August 2009)."Carol's Daughter Inks Disney Deal". WWD. RetrievedAugust 22, 2011.
  19. ^"Mary J. Blige Breaks Record at HSN with 'My Life' Perfume". H Listed. August 2010. Archived fromthe original on July 11, 2011. RetrievedAugust 22, 2011.
  20. ^"HBO Black List Project". HBO. Archived fromthe original on July 8, 2011. RetrievedAugust 26, 2011.
  21. ^"About the Book". Tanning of America website. RetrievedAugust 22, 2011.
  22. ^Spitz, Marc (September 13, 2011)."Q&A: Steve Stoute on Kanye West, Justin Bieber, and Music as "Culture's Trojan Horse"".Vanity Fair. RetrievedMarch 30, 2017.
  23. ^"The Tanning of America".VH1. Archived fromthe original on January 22, 2014. RetrievedMarch 17, 2014.
  24. ^Workneh, Lilly (April 16, 2014)."Kerry Washington to narrate audiobook for Steve Stoute's 'The Tanning of America'".The Grio. RetrievedJuly 25, 2014.
  25. ^"Diversity, Tech and Leadership".Splash. RetrievedJanuary 8, 2015.
  26. ^"The Making of The Tanning of America".Sundance Film Festival. RetrievedJuly 25, 2014.
  27. ^"SXSW Interview: Nas and Steve Stoute".SXSW. RetrievedJuly 25, 2014.
  28. ^"Fast Company Innovation Uncensored – "Something New From The Sandbox" – New York – April 23, 2013".BuzzFeed. April 3, 2013. RetrievedJuly 25, 2014.
  29. ^Shropshire, Terry (June 2011)."Steve Stoute to Discuss State Farm Campaign at AAF in San Diego".Rolling Out. RetrievedJuly 25, 2014.
  30. ^"Steve Stoute and Sean 'Diddy' Combs".Forbes. RetrievedJuly 25, 2014.
  31. ^Kaz."Kanye West, Steve Stoute and Ben Horowitz at Cannes Lions [VIDEO]".STASHED. Archived fromthe original on August 22, 2014. RetrievedJuly 25, 2014.
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