soundcloud scores in deal with indie labels
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

On creating a subscription service

SoundCloud scores in deal with indie labels

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleSoundCloud scores in deal with indie labels

Win Butler sings during a performance by Arcade Fire
New York - Arab Today

SoundCloud, the music streaming site whose free content has caused friction with major record companies, sealed a deal Thursday with leading independent labels.

The agreement comes as SoundCloud works on creating a subscription service to be launched later this year, amid growing competition in the booming streaming market.

SoundCloud said in a statement it had reached an agreement with Merlin -- which represents 20,000 independent record labels and distributors -- to offer unspecified payments when music is uploaded on the site.

SoundCloud, launched in 2008 in Berlin by Swedish designers, was designed to allow musicians to post their recordings in what quickly became a favorite promotion technique.

One of the most famous success stories was the New Zealand teenager Lorde, who self-released her work in 2012 on SoundCloud and quickly became an international superstar with a major record deal as her song "Royals" went viral.

But the growth of SoundCloud -- it reports 175 million unique visits a month -- has created unease among record labels, who are concerned that high-selling artists or their fans are releasing work for free in the guise of promotion.

Charles Caldas, the chief executive officer of Merlin, said that the independent labels were eager to work with SoundCloud in the long term.

"The independent label community has long embraced SoundCloud as an innovative marketing and discovery platform, and Merlin is pleased to partner with the service at the next stage of its evolution," he said in a statement.

SoundCloud in November reached a deal with the Warner Music Group, its only agreement with one of the three big label conglomerates.

Conversely, talks have proved difficult with Sony Music which has sought to take down tracks by some of its top-selling artists including Adele.

Merlin covers more than 10 percent of the digital music market, more than any player other than the three majors.

Merlin includes indie labels with cult followings including Matador, Merge, Domino and Warp Records, covering a variety of artists such as Jack White, Interpol, Arcade Fire, Tom Waits and Brian Eno.

SoundCloud has also started to introduce advertising as a way to generate revenue.

It has not yet revealed details of its forthcoming subscription service, which comes as on-demand streaming leader Spotify faces growing competition from rivals including Deezer, Rhapsody, Rdio and Tidal.
Source: AFP

themuslimchronicle
themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

soundcloud scores in deal with indie labels soundcloud scores in deal with indie labels

 



Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

GMT 08:26 2018 Tuesday ,23 January

Five things to know about Davos

GMT 08:27 2017 Wednesday ,27 December

Ashraf reveals date of his new performance

GMT 00:35 2016 Saturday ,26 November

Elie Saab Coutureِ Fall/Winter 2016-2017

GMT 20:08 2017 Tuesday ,26 September

Modi promises electricity ‘for every Indian house’

GMT 10:03 2016 Monday ,03 October

Opens 2016 awards season

GMT 11:28 2017 Wednesday ,07 June

Coach underlines challenges during the season

GMT 14:15 2017 Friday ,22 December

Time to pursue the Palestinian cause intelligently

GMT 17:39 2017 Wednesday ,01 November

Olympic flame lands in South Korea

GMT 15:29 2016 Monday ,21 March

PSG title party gate-crashed

GMT 18:35 2017 Wednesday ,01 March

NRJ Radio to be Launched in Morocco
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle