Unsigned and Independent Artists Can Accrue Royalties Direct From Last.fm
Every Time Their Tracks Are Listened To On The Site
Revolutionary Program Marks the First Time Artists Not Affiliated With a
Label or Collecting Agency Can Collect Revenue Direct from a Free Streaming
Music Site
LONDON and NEW YORK, July 9 /PRNewswire/ -- Last.fm today announced the
official launch of its groundbreaking Artist Royalty Program. The program
gives unsigned and independent artists the opportunity to accrue royalties
from their music direct from Last.fm, every time their tracks are listened
to on the site.
The revolutionary service marks the first time that musicians and bands
not affiliated with a label or royalty collection agency can collect
revenue direct from a free streaming music platform. Unsigned and
independent artists can sign up for the program when they upload their
music to Last.fm, and earn revenue direct from the Web site when their
tracks are played free-on-demand, or on Last.fm's streaming radio, or both.
Thanks to Last.fm's groundbreaking ad-supported service, the Artist
Royalty Program offers unsigned musicians the same revenue sharing
opportunities enjoyed by all the thousands of signed and established
artists already using Last.fm. Since providing unsigned artists with the
option to join the Artist Royalty Program in January, over 450,000 tracks
have been uploaded to Last.fm and offered for free-on-demand streaming.
Martin Stiksel, Last.fm co-founder, said: "This is a big day for
independent artists. We're leveling the playing field by offering them the
same opportunities as established bands to make money from their music. 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."
Artists can upload their music and sign up for the Artist Royalty
Program at: http://last.fm/uploadmusic.
About Last.fm
Founded in 2002, Last.fm is a CBS Corporation (NYSE: CBS.A and CBS)
owned free global music platform. Last.fm offers music fans millions of
tracks in every genre for free-on-demand and radio streaming thanks to
partnerships with Universal, EMI, Sony BMG, CD Baby, independent
aggregators The Orchard and IODA, and more than 150,000 independent artists
and labels -- without the need to sign up or download any software. As well
as being able to access tracks for free -- a service which has seen Last.fm
become the fastest-growing free online music network in the U.S. -- music
fans can also share their music preferences by linking their media player
to the Last.fm database. As a result, Last.fm can intelligently recommend
songs, artists, local concerts and even other members based on their
musical tastes. Last.fm also supports unsigned artists by offering them an
unprecedented Artist Royalty program through which they can earn revenue
directly from Last.fm every time their music is streamed. Learn more about
Last.fm at http://www.last.fm.
SOURCE Last.fm
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Related links:
http://www.last.fm
http://last.fm/uploadmusic
http://www.prnewswire.com/comp/965075.html /
CONTACT:
In New York: Katie Gunion, +1-212-975-8009,
katie.gunion@cbs.com; In London: Christian Ward, +44 (0) 20 7780
7085, christian@last.fm
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