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That's the problem tho, isn't it? The core value of the service was great for fans, but not for any sort of business and certainly not for the labels (without w
by forthelove 9y ago
That's the problem tho, isn't it? The core value of the service was great for fans, but not for any sort of business and certainly not for the labels (without whom SC cannot exist and hope to make any money whatsoever).
- nitrogen 9y agoWhy does SoundCloud need labels? They just need a way to make money with independent musicians.
- islanderfun 9y agoI also believe it can make money on independent musicians. But can independent musicians money scale to VC expectations?
- bhalp1 9y agoWell at this point the expectations are a little lower. "Anything but going all the way to zero" seems like the current tone.
- acchow 9y ago> "Anything but going all the way to zero" seems like the current tone. You don't invest in a company without expectations of ROI
- oelmekki 9y agoI'm not a VC so I may be totally wrong here, but it seems to me that what they expect to scale is not revenue, but valuation (providing further investors match this valuation). Should Soundcloud revenue raises slowly but they do an IPO, I guess investors would be perfectly fine. Edit : of course, it seems their doing a downround, so those expectations are not in good shape either.
- deleted 9y ago[deleted]
- sytse 9y agoThe problem is much of the independent content like remixes touches major label copyrights.
- bogomipz 9y agoI think it's tricky specifically with DJ culture in that if I make a remix or a mashup and that includes somebody else's content, that content needs to be licensed. When a DJ is spinning in a club or venue however using someone else's content is covered by the venue in the form of fees paid to ASCAP, BMI or some other such publishing rights society.
- bigbugbag 9y ago> When a DJ is spinning in a club or venue however using someone else's content is covered by the venue in the form of fees paid to ASCAP, BMI or some other such publishing rights society. This is not true in many parts of the world.
- bogomipz 9y agoCare to elaborate where in the world artists don't have access to performance rights societies or copyright collectives? See: https://en.wikipedia.org/wiki/Performance_rights_organisation https://en.wikipedia.org/wiki/Performance_rights_organisatio... https://en.wikipedia.org/wiki/List_of_copyright_collection_societies https://en.wikipedia.org/wiki/List_of_copyright_collection_s... https://www.ascap.com/help/international/affiliated-foreign-societies https://www.ascap.com/help/international/affiliated-foreign-... Its up to the artist to register with a PRO or to affiliate with a publisher that will do so for them. ASCAP despite the A in the name will collect performance rights worldwide and anyone that meets the basic requirements is welcome to join regardless of what country you live in. See: http://blog.songtrust.com/uncategorized/ask-songtrust-publishing-songs-of-non-us-songwriters-with-us-pros/ http://blog.songtrust.com/uncategorized/ask-songtrust-publis...
- bigbugbag 9y agoWithout a label licensing deal, soundcloud is not worth buying due the risk of a lawsuit.
- nitrogen 9y agoThen some enterprising lawyer should arrange a class action lawsuit on behalf of one-off independent musicians against the labels for those labels interfering in the independent musicians' ability to exercise their copyrights.
- tomc1985 9y agoSC existed fine without labels. Most of the music underground that SC originally hosted for was micro-labels and independent producers. Soudncloud as a platform was NEVER a good fit for mainstream music as published by Hollywood labels, and I think much of the site's woes are because they tried to make it fit. Soundcloud needs a blanket "no music published by a major label is permitted" There are of course copyright issues on remixes/whatnot but those really needs to be worked out in a court of law, in favor of producers.