SoundCloud Exploring Fan-to-Artist Direct Payment System: Report

SoundCloud is reportedly trying into a brand new direct cost system on its platform that will permit music followers to pay artists for his or her work straight, based on a brand new report from Billboard that cites “a number of sources near the state of affairs.” The corporate is reportedly nonetheless “exploring a number of different streaming payout fashions,” with one supply indicating that the corporate will make a public announcement on its plans “earlier than the tip of the primary quarter of 2021.”

Pitchfork has reached out to SoundCloud representatives for remark and extra info.

Since 2017, SoundCloud has provided a premium model of its SoundCloud Go subscription service known as SoundCloud Go+, which supplies subscribers entry to over 200 million licensed tracks.

Learn “How Rap’s SoundCloud Generation Changed the Music Business Forever” over on the Pitch.

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