Sunday, June 12, 2016

Soundcloud Now Paying Royalties To Artist

(The Wrap-Up Magazine) I guess soundcloud pro will now be paying artist royalty checks for purchases and streams. SoundCloud, a popular streaming music web service with over 175 million monthly users, has reached a deal to pay royalties to thousands of independent record labels.

The ads will only be seen and heard in the US for now, on SoundCloud’s players. SoundCloud is the ubiquitous wild child of the digital music world. Soundcloud may begin to pay artists royalties, as the company moves towards monetizing it's sound empire. Currently Soundcloud closely rivals Youtube.

SoundCloud is desperately trying to go legal and pay royalties before labels pull their music from the streaming service. SoundCloud,the digital playground for many music fans and creators, says it will start paying artists and record labels for the first time.