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SoundCloud to Let Fans Pay Artists Directly

Discussion in 'Article Discussion' started by Melody Bot, Feb 8, 2021.

  1. Melody Bot

    Your friendly little forum bot. Staff Member

    This article has been imported from chorus.fm for discussion. All of the forum rules still apply.

    Bilboard:

    SoundCloud is preparing to introduce a new payment system that would allow fans to pay artists directly, multiple sources close to the situation tell Billboard, setting what could be a game-changing precedent for the streaming world.

    The move would make SoundCloud the first major music streaming service to embrace a direct payment model, a strategy that has been popular with Chinese streaming services like Tencent Music’s QQ Music for years, and one that subscription services like Patreon and OnlyFans have built their businesses around, as musicians and fans around the world clamor for bigger digital music distributors to do the same. A source close to the company says SoundCloud is still exploring several alternative streaming payout models and will announce its plans before the end of the first quarter of 2021.

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  2. FrankieThe4th

    things have never been stranger Prestigious

    The omission of Bandcamp/Bandcamp Fridays from this piece is notable, to say the least.
     
    Raku likes this.
  3. SupMikecheck

    @SupMikecheck

    Its cool, I was turned off by Soundcloud making artists pay for a pro account to list more songs and get a little badge. that was always kind of lame to me. Im not really involved in Soundcloud, Im more of a Spotify person.
     
    Raku likes this.