SoundCloud announce royalty deal with 20,000 independent labels

So after years of frustrated SoundCloud users complaining about the lack of royalties paid from music streamed on the platform, SoundCloud has announced a new deal with 20,000 independent record labels. This is in addition to the deal with major labels announced last August through it’s On SoundCloud program. The program allows artists invited to the Premier partner levelĀ to monetize their tracks streamedĀ using advertising. It currently only applies to tracks streamed within the US, but there are plans to expand it to other countries.
This is definitely a step in the right direction.
Read more