user-centric royalties

SoundCloud has finalized a deal with Warner Music Group that would allow WMG’s artists with songs on the SoundCloud platform the ability to get paid based on the number of individual users streaming their music, rather than by market share of total streams, sources tell Billboard. The revenue model is part of SoundCloud’s Fan-Powered Royalties initiative, which it launched last March with the aim of re-tooling how the platform doles out streaming revenue to rights holders and providing more detailed data to help support independent artists on the platform. In practice, it allows independent creators who own their rights and upload their works to SoundCloud through its Repost system the ability to get paid according to how many fans stream their music, rather than the current industry stand...