SoundCloud subscriptions on the cards for this year
News: 24th July 2015 by Louise Dodgson under Artist Managers, Record Labels, Selling & Distributing Your Music
Back in June documents were leaked from SoundCloud indicating their intention to introduce multi-tiered subscriptions for listeners, bringing them in line with Spotify, Apple Music, Tidal etc. Currently making money from those uploading their music to the service, the subscriptions will add a new element to monetise SoundCloud and looks set to be introduced as soon as this year.
Could this change of model for SoundCloud result in royalty payments to the bands and artists whose music is being listened to via the site? This is an area that SoundCloud have previously come under fire about from record labels. Whatever the outcome, it seems a new chapter for SoundCloud is about to unfold.
Related Links
http://www.wsj.com/articles/soundcloud-plans-a-subscription-service-to-access-its-music-1437657673
Tags
soundcloud, music subscriptions, digital music, music streaming, spotify, tidal, apple music, music royalties, streaming royalties
