Warner Music Adopts SoundCloud Fan-Powered Royalty Model

About three months after celebrating the anniversary of its fan-powered royalty model, SoundCloud has officially inked a global licensing deal with Warner Music Group. Under the pact, WMG will become the first major label to support payouts based upon actual listening as opposed to a portion of total streams. Multiple artists have offered positive assessments of fan-powered royalties, which deliver the monthly revenue (less fees) of each subscriber or ad-supported user to the creators whose work they enjoyed.

Source: Warner Music Adopts SoundCloud Fan-Powered Royalty Model

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