On the latest Music Business Worldwide (MBW) podcast, MBW founder Tim Ingham is joined by Eliah Seton, the CEO of SoundCloud. Seton joined SoundCloud as the company’s president in 2021, becoming its CEO two years later. In that time, he has marshaled the company past some major milestones, most notably the fact that SoundCloud posted its first-ever annual profit in 2023. SoundCloud is a significant player in the music streaming market, with a huge catalog: Seton confirms that it currently hosts some 400 million tracks. However, being a streaming service is just one part of SoundCloud’s story. With tens of millions of artists on the platform, SoundCloud is also a distribution and services provider for the people who make the music. For Seton, SoundCloud's real magic lies somewhere between these two points, between being a streaming platform and a distribution and services platform provider for artists. That's because Seton and his team are laser-focused on the artist-fan relationship and how SoundCloud can enrich that connection. It's fair to say that Eliah and SoundCloud were loudly talking about superfans significantly before most in the music business. This focus on fans has manifested in a few ways at SoundCloud in recent years, including its famous experiment with Fan-Powered Royalties for independent artists – aka a “user-centric” royalty model. Fan-Powered Royalties has not only partnered with indie artists, it’s also partnered with Warner Music Group and Merlin. The biggest headline surrounding SoundCloud this year is the news that the company is headed towards some kind of financial event – either a sale, or possibly an IPO, or some kind of fundraise – that follows investment into the firm in recent years from the likes of SiriusXM, The Raine Group and Temasek. Read abridged/edited highlights from Eliah Seton and Tim Ingham’s conversation, or listen to the full podcast – through here... Thanks to Voly Entertainment for the support... #SoundCloud #podcasts #MBW #superfans
Music Business Worldwide (MBW)
Internet Publishing
London, England 189,148 followers
The leading information and jobs platform for the global music industry.
About us
Today’s entertainment market is increasingly global. The music industry risks hampering its future potential by thinking too local, too often. Music Business Worldwide (MBW) is a free and in-depth news, jobs and insight platform for the music industry in every corner of the earth
- Website
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https://www.musicbizworldwide.com
External link for Music Business Worldwide (MBW)
- Industry
- Internet Publishing
- Company size
- 2-10 employees
- Headquarters
- London, England
- Type
- Privately Held
- Founded
- 2015
- Specialties
- music industry and music business
Locations
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Primary
27 Old Gloucester Street
London, England WC1N 3, GB
Employees at Music Business Worldwide (MBW)
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Stephane Prin
Artist, Band member, Composer, Producer chez Independant
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Daniel Tencer
Reporter and editor at Music Business Worldwide. Previous gigs include MoneyWise, HuffPost and Postmedia. Twitter @danieltencer
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Rhian Jones
Freelance journalist, writer, author and consultant
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Rebecca Ingham
Operations Director at Music Business Worldwide (MBW)
Updates
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Congrats to Kenny Ochoa who has joined Splice as Senior Vice President of Content #Musicbusiness #musicindustry #musicappointments #musicnews
Kenny Ochoa joins Splice as Senior Vice President of Content
https://www.musicbusinessworldwide.com
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Warner Music Group, via Warner Music Brazil, is buying a minority stake in Brazil-based UGC music platform and distributor Sua Música Leila Oliveira, President of Warner Music Brazil, said: “This is a very important milestone for us as cultural enablers. “The combination of Sua Música’s significant presence in regional music with our national reach and global network will amplify the efforts of both companies and offer artists new creative and commercial possibilities and opportunities.” João Alquéres, General Director, ADA Brazil, added: “This partnership consolidates our presence in Brazil’s Northeast and opens space for the growth of regional genres worldwide. “As we have reinforced with our partners, Warner Music can offer a variety of solutions for artists and songwriters at different stages of their careers. “Working together with Sua Música demonstrates our ability to operate in various musical genres and different regions of Brazil.” Roni Maltz Bin, CEO, Sua Música, added: “The announcement of the investment comes to crown and corroborate an excellent moment for the Sua Música Group in the Brazilian market. “We are very proud of this important move. Since the company’s creation, we have always grown with our own capital, and this investment will undoubtedly be very relevant to further accelerate all our business fronts. Warner Music recognized the full potential of our strategy, and we will certainly join forces to grow more rapidly in the national market.” He added: “Our main mission is to develop, amplify, and connect the music universe. Our goal is to strengthen the Sua Música Group as a complete solutions hub for artists, intensifying our concept of a one-stop-shop for music: distributor, publisher, app, and much more." #Brazil #Musicbusiness #musicindustry #musicnews
Warner acquires minority stake in Brazil-based UGC music platform and distributor Sua Música
https://www.musicbusinessworldwide.com
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Excellent opportunity going at Concord who are looking for a Business Affairs Admin Associate. At least 2-3 years of professional experience in the music publishing business, preferably in rights management required. Based in Nashville. #musicindustry #musicjobs #jobsearch #jobsearching #jobhunt #jobhunting
Concord – Business Affairs Admin Associate (US)
https://www.musicbusinessworldwide.com
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MBW’s Key Songs In The Life Of… is a series in which we ask influential music industry figures about the tracks that have – so far – defined their journey and their existence. This time, we're joined by Ole Obermann, Global Head of Music Business Development and IP at TikTok. Thanks to Sony Music Publishing for the support. #TikTok #musicbusiness #musicindustry #musicnews
Key Songs In The Life Of… Ole Obermann
https://www.musicbusinessworldwide.com
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This AI tech lets users sing in 10 languages and 15 Chinese dialects. Westlife have used it to release a song in Mandarin via Tencent Music entertainment Group #Westlife #AI
This AI tech lets users sing in 10 languages and 15 Chinese dialects. Westlife have used it to release a song in Mandarin via Tencent Music
https://www.musicbusinessworldwide.com
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Record labels have sent ‘hundreds of thousands’ of copyright infringement notices to Verizon. Now they’re suing the internet provider for over $2bn #Recordlabels #copyrightinfringement #musicindustry #musicbusiness
Record labels have sent ‘hundreds of thousands’ of copyright infringement notices to Verizon. Now they’re suing the internet provider for over $2bn
https://www.musicbusinessworldwide.com
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Sony Music Entertainment's landmark Queen catalog acquisition is getting closer and closer to becoming ‘official’. The company is in the process of taking control of th iconic band's UK-based companies... #Sonymusic #Queencatalog #Queen #FreddieMercury
Sony Music is in the process of taking control of Queen’s UK-based companies
https://www.musicbusinessworldwide.com
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This week's Job of the Week is for Wise Music Group who are seeking a detail-oriented Royalty Income Tracking Coordinator to join their Santa Monica based team. A Bachelor’s degree in Finance, Accounting, or related field required. #musicindustry #musicjobs #jobsearch #jobsearching #jobhunt #jobhunting
Wise Music Group – Royalty Income Tracking Coordinator (US)
https://www.musicbusinessworldwide.com
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"Songwriters and publishers should really be seeing a larger slice of the digital pie that reflects the value of the song in the equation." MBW’s World Leaders series meets Spek ., PopArabia Founder and Chief Executive Officer, and Reservoir Media Management, Inc.‘s Executive Vice President of International and Emerging Markets. Thanks to PPL for the support. #MENA #Musicbusiness #musicindustry #musicnews
‘Songwriters and publishers should be seeing a larger slice of the digital pie.’
https://www.musicbusinessworldwide.com