The UK-based organisation has announced a record breaking £699.4 million was paid to songwriters and composers in royalties during 2020.
In an industry-first, SoundCloud is introducing a user-centric payment system so that artists get paid based on their actual listeners.
Remember back in October, when EMI were negotiating a deal with Grooveshark, then changed their mind and decided to sue them, then broke off the pursuit of their lawsuit and instead signed a licensing agreement…