SoundCloud Plans To Change The Streaming Game Yet Again

The streaming service is negotiating a development of “paid tier” offerings

  /  03.24.2016

At this point, listeners shouldn’t get too familiar with how we consume music, because it can seriously change at any point.

Granted there’s still a percentage of throwback listeners that inflate vinyl and Record Store Day sales, but for the majority, hand-held is the way to go. With a surplus of music backdrop platforms taking subscribers to streaming services like Spotify, Apple Music and Pandora, SoundCloud remains as the most popular free streaming experience. And now there is an “opportunity for SoundCloud to create incredible revenue,” according to Universal Music Group chairman/CEO Lucian Grainge, as he recently explained at the WSJD Live Global Technology Conference.

Founded in 2007 by Swedish musicians Alexander Ljung and Eric Walforss, SoundCloud has easily become enormously popular with artists, DJs and music fans for its simple interface, social interactions, and deliverable speed of artist to fan functionality. However, the company has been operating without licenses from most labels, and its losses are increasing much faster than its revenue. Bewteen Novemebr 2014 and January 2016, the Berlin-based company signed agreements with Warner Music Group, Universal and Merlin, the independent-label agency, to most recently crossing the major hurdle with Sony Music.

At the moment, SoundCloud is negotiating a development of “paid tier” offerings to exist alongside its free offering, to launch in the coming weeks. “The SoundCloud agreement gives us the opportunity, with our artists, to have flexibility with respect to how we make music available to fans,” Grainge told Billboard in January.

And, in a measure aimed at the dance music fans and musicians who offer a number of authorized remixes and DJ sets on both tiers, the new implementation will innovate new contracts that allow it to monetize content from the labels and publishers.

SoundCloud is ­hopeful the remix-monetization deals will help set apart the music platform, while ­maintaining the usability that has made it so popular.

“It’s a very organic, user-friendly ­experience that’s really social,” says a major-label executive who has seen a ­demonstration that includes the paid tier. “It’s true to the way SoundCloud works now.”

YOU MIGHT ALSO LIKE

YOU MIGHT ALSO LIKE

View More

YOU MIGHT ALSO LIKE

YOU MIGHT ALSO LIKE

View More

Trending

Walmart has the home essentials for everyone on your holiday shopping list

Below, our gift guide highlights some of our favorite Walmart finds for anyone in need of a home refresh.

  /  11.24.2023

5 things you need to know about the 2023 Billboard Music Awards

“REVOLT Black News” correspondent Kennedy Rue counts down the top five moments from the 2023 Billboard Music Awards, including surprising wins, historic firsts, and dope performances. Sponsored by Amazon.

  /  11.20.2023

The Auditions | 'Shoot Your Shot'

The competition begins at REVOLT WORLD as rising rappers, singers, and musicians line up to audition for their spot on the main stage. Brought to you by McDonald’s.

  /  11.28.2023

Dig In & Drink Up | 'Bet on Black'

In this new episode of ‘Bet on Black,’ food and beverage take center stage as aspiring Black entrepreneurs from It’s Seasoned, Black Farmer Box, and Moors Brewing Co. present their business ideas to judges with mentorship from Melissa Butler. Watch here!

  /  11.15.2023

Walmart brings in heavy-hitters for Black and Unlimited Tour panel

REVOLT is continuing its impactful partnership with Walmart by teaming up to showcase Black creatives at HBCUs all-across America. The panel consisted of three experienced, accomplished Black HBCU alumni: Actor and media personality Terrence J, entertainment attorney John T. Rose, and actress and “REVOLT Black News” correspondent Kennedy-Rue McCullough.

  /  11.30.2023

Walmart's Makers Studio at REVOLT WORLD transformed passion into progress

Take a look inside the Makers Studio presented by Walmart at REVOLT WORLD, a space where Black creators could hone in on their brand and see it come to life.

  /  12.04.2023

Dr. Jaqueline Echols' mission to cure environmental racism

The health of a community can often be traced to the health of the environment that surrounds it. In Atlanta, a woman named Dr. Jaqueline Echols has dedicated her life to helping ensure that people in economically underserved communities have clean rivers – for better health and for the joy of outdoor recreational space.

  /  12.01.2023

Walmart's Opportunity Center at REVOLT WORLD empowered HBCU students

Fly Guy DC taps in with REVOLT WORLD attendees to learn what the Opportunity Center, presented by Walmart, means to them and their futures.

  /  12.04.2023

Meet The Semifinalists | 'Shoot Your Shot'

Get to know our semifinalists a little better. Learn what motivated them to shoot their shot, as well as how they describe their personality, and sound.

  /  12.05.2023

The $200,000 goes to… | 'Bet on Black'

In the season finale of “Bet on Black,” special guest judge Ray J joins as the finalists take the main stage to show they have what it takes to win the $200,000 grand prize; Melissa Butler and Eunique Jones Gibson mentor. Presented by Target.

  /  12.04.2023

So Phresh, so clean | 'Bet on Black'

There’s only one round left as the last few founders – Terra-Tory, Phreshly, and ConditionHER – pitch to the “Bet on Black” judges for their chance in the finals and winning the grand prize; Eunique Jones Gibson mentors. Watch here!

  /  12.04.2023

Fly Guy DC highlighted HBCU students' passion and pride at REVOLT WORLD

Walmart supports HBCU students and encourages them to be Black & Unlimited. Fly Guy DC talked to a few at REVOLT WORLD about how being an HBCU student has changed their lives.

  /  12.05.2023

Investing in stocks in a recession | 'Maconomics'

Host Ross Mac provides useful advice for preparing your personal finances in the event of a recession. He emphasizes the importance of budgeting properly, building an emergency fund, and maintaining discipline when investing.

  /  11.21.2023

16 best hip hop video games of all time

From Def Jam: Vendetta, Wu-Tang: Shaolin Style, DJ Hero and more, we list our favorite hip hop videos games of all time. Did yours make the cut? 

  /  11.06.2023

DDG has his sights set on becoming a fashion hero & talks Halle Bailey being his "best friend"

In this exclusive interview, DDG opens up about his fashion inspiration, what drew him to girlfriend Halle Bailey, dealing with negative opinions about his relationship, and more. Read up!

  /  11.28.2023

17 rappers named after food to make you crave their music

Here’s a list of rappers who are named after food. Enjoy — or shall we say, “Bon appetit”? 

  /  11.21.2023

Former kid rappers we loved: Where are they now?

From taking over the playground to dominating the rap game, many young artists have made music history. Check them out and where their journeys have taken them here! 

  /  11.13.2023

11 T-Pain lyrics to spit the perfect game

T-Pain has a way with the ladies. Take inspiration from 11 of his most flirtatious lyrics to level up your game.

  /  11.29.2023

17 of Megan Thee Stallion's most motivational lyrics

The artist has remained remarkably consistent in her song lyrics about making money, telling off haters and feeling liberated since her debut.

  /  11.07.2023

27 Drake lyrics that are perfect Instagram captions

The next time you’re looking for a caption for your perfectly curated Instagram, there’s a 95 percent chance that Drizzy’s got you!

  /  11.08.2023
View More
Revolt - New Episodes