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How is SoundCloud’s Experiment with “Fan-Powered Royalties” Going?

June 23, 2023
in Entertainment
How is SoundCloud’s Experiment with “Fan-Powered Royalties” Going?
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Show notes

About a year ago, SoundCloud began a fascinating and possibly industry-changing experiment by becoming the first streaming service to implement a user-centric royalty model, which they’ve termed “fan-powered royalties.” User-centric payouts, which essentially sends a subscriber’s money to the actual artists they listen to in a given month, has long been touted as a fairer and more artist-friendly economic model for the industry. So, for this week’s episode, Canadian Musician Editor-in-Chief Mike Raine chats with SoundCloud’s VP of Strategy, Michael Pelczynski, about how the fan-powered royalties experiment has played out in its first year. What have they learned and it is really proving to be a better model for artists? And is there any chance at all that this could actually be adopted on a larger scale by the likes of Spotify and Apple Music?

Hosts

Mike  Raine

Mike Raine

Michael Raine is the Editor-in-Chief for Canadian Musician, Professional Sound, and other magazines. He’s a fan of long conversations about music and the music industry.

Guests

Michael Pelczynski

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : ZenCast.fm – https://www.canadianmusicianpodcast.com/episodes/soundcloud-fan-powered-royalties

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