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| VIEW EVENT INFORMATION: CBS |
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Who Needs Music Labels? Last.fm Starts Paying Royalties To Unsigned Artists |
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About the organization CBS:
Type: Business
Sub-Types: TV Channel, Radio Channel, Cable TV Chanel, Cable Radio Channel, Satellite Radio Channel, Satellite TV Channel, Website, Online News |
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Notable Organizations: CBS, Techcrunch
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| 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). |
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