Fan Powered Royalties - AVC
Our portfolio company SoundCloud is introducing fan powered royalties to share revenues more equitably with musicians. The streaming music business pools its revenues and pays out based on a mathem...
Source: AVC
Our portfolio company SoundCloud is introducing fan powered royalties to share revenues more equitably with musicians. The streaming music business pools its revenues and pays out based on a mathematical formula. There is no direct connection between a fan and artist. This graphic explains the existing model: What SoundCloud is offering is that direct connection, […]