So, Last.fm, always on the verge of the new, launched their Artist Royalty Program back in January, allowing unsigned musicians to collect royalties when their music is loaded into Last.fm’s music brain and then streamed by it’s users; actually i think anybody can listen. Which may lead to some click fraud, but that’s just a theory flying around here at eargoggles.
Since the launch of the program, more than 450,000 tracks by unsigned or independent artists have been uploaded to Last.fm. The artists will receive royalties if their tracks are either randomly streamed or played free-on-demand. “The young musician making music in a bedroom studio has the same chance as the latest major label signing to use Last.fm to build an audience and get rewarded. The Artist Royalty Program is another revolutionary step towards helping musicians take control of their music — and, more importantly, make a living from it,” said Last.fm co-founder Martin Stiksel.
Wanna get you’re stuff out there? Sign up here and start uploading your music.