Radio Review

“Music-streaming service Last.fm is now paying unsigned artists royalties for every song played on its service. Since the company announced the program last January, 170,000 70,000 artists and small music labels have signed up for it and uploaded 450,000 tracks. What Last.fm is doing here is creating an alternative to the official royalty-collecting organization for musicians (i.e., SoundExchange). Last year, the royalty rates for music streamed over the Internet were raised, making it more difficult for ad-supported music startups to stay in business.”

Something for SA artists and radio stations to be aware of??

The full article is here on TechCrunch and might be an indication of where the global radio industry is headed.

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Filed under: Uncategorized and tagged Radio, royalties, unsigned artists