Soundcloud introduces a new payout structure for artistes
Earlier this week, SoundCloud which currently hosts over 250 million tracks from 30 million creators in 190 different countries, announced what they call a Game-Changing New Pay Model For Independent Artists.
What’s it called?
Fan-powered royalties. A more equitable and transparent way for emerging and independent artists to earn money on SoundCloud.
What this means
With this move, each listener’s subscription or advertising revenue is distributed among the artists that they listen to, rather than their plays being pooled - benefiting rising independent artists with loyal fans.
How are royalties paid by streaming platforms currently?