SoundCloud’s fan-powered royalties clarified

In the week since SoundCloud announced their new payment system there has been a lot of talk on it and also a lot of confusion and misrepresentation.

SoundCloud’s new UCPS, ‘fan-powered’ royalty system will see SoundCloud take a 45% cut (update)

Many have been touting SoundCloud’s new way to pay as revolutionising payments for smaller artists, but now they’ve disclosed their cut it may not be as good as it seems.