There’s a lot going on over at SoundCloud, both good and bad.
Last week the platform announced that they’re hosting RSS feeds for podcasts. This means you can host a podcast on SoundCloud and have it go out to iTunes, TuneIn, Stitcher, or some other platform.
Yesterday the National Music Publishers’ Association announced that they’ve entered a licensing deal with SoundCloud. The deal allows NMPA members to monetize their content on the platform. This is a big deal, because just last year the NMPA said they might sue SoundCloud over unlicensed content.
The high didn’t last…
Billboard reports that Sony is now starting to pull their artists’ music off of SoundCloud due to “a lack of monetization opportunities”. Songs from Adele, Hozier, Passion Pit, MS MR, Miguel, Kelly Clarkson, and Leon Bridges have already been pulled.
SoundCloud says they’re in “ongoing conversations” with labels. They also want to let everyone know that they’ve paid out over $2 million in ad revenue.
In March, SoundCloud said they’d paid out $1 million in ad revenue in six months. So apparently SoundCloud has paid out another million in just two months.
Nina Ulloa covers breaking news, tech, and more: @nine_u
Image by Anthony DeLorenzo, licensed under Creative Commons Attribution 2.0 Generic (CC by 2.0).
SoundCloud and VEVO are the most stupid music activities supported and co-created by confused UMG boys.
Both, just nerdy, purposeless and cashless music goodwill incinerators.
2 months? Pandora pays out more than $1 million per day.
I’ve never understood the point of Soundcloud. Nor why people like it.
Pandora with that million+ a day is still broke and playing known to everyone avoidance games.
Let’s convert this MUSIC pleasure fountain to $5B (USA) or $10B (GLOBAL) discovery based music store!
Same pleasure as today! Just pay for addition to your playlist when you love the tune and want to live it again.
SIMPLE LIKE LOCAL FARM MARKET PEDDLING ONIONS OR APPES.
It’s the type of music available on Soundcloud that makes it so appealing for me. There are 100’s of songs/remixes on Soundcloud that I listen to/discover every day that cannot be found anywhere else – unless it’s on the band’s/group’s own website. Soundcloud is a great refuge from mainstream garbage and a great way for new artists/DJ’s to get discovered. I laugh at the people who hate on Soundcloud and am glad those little trolls aren’t spending time on there.
I dont know why Soundcloud is openly advertising that they paid a million dollars. Seems like a pittance in the scheme of things.
George M., Belfast
I’m not a SoundCloud superstar yet but hope to reach the objective one day. I’ve been using the platform for quite a bit of time and when SoundCloud monetization stuff had become available I immediately grasped the opportunity. That’s not only about the money that MGcash raises for you. That is a kind of marking how much of your music is really good too. Glad to have joined you.