By AFP 02 March 2021 | 3:57 pm
SoundCloud, December 2019 (Rafael Henrique/SOPA Images/LightRocket via Getty Images)
SoundCloud announced Tuesday it would become the first streaming service to start directing subscribers’ fees to the independent artists they support, a move welcomed by musicians campaigning for fairer pay.
At the moment, streaming services like Spotify, Deezer and Apple put royalty payments into one big pot and dish them out based on which artists have the most global plays. x
Many artists and unions argue this system is grossly unfair, giving a huge slice of the pie to mega-stars like Drake and Ariana Grande while leaving almost nothing for lesser-known musicians.
SoundCloud to be first music app with fan-powered artist payments
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SoundCloud To Be First Music App With Fan-powered Artist Payments
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User-centric royalties will not lead to a significant shift in streaming payouts [NEW STUDY]
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