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 189,357 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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Excellent opportunity going at Nettwerk Music Group who are seeking a dynamic and innovative Marketing Manager with a strong background in digital marketing to join their Toronto based team. 3+ years of music industry marketing experience required. #musicindustry #musicjobs #jobsearch #jobsearching #jobhunt #jobhunting
Nettwerk – Manager, Marketing (CA)
https://www.musicbusinessworldwide.com
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As Spotify readies the $18 per month ‘deluxe’ tier, do consumers care about high-quality audio? MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories. #HiFiaudio #musicbusiness #musicstreaming
As Spotify readies $18 per month ‘deluxe’ tier, do consumers care about high quality audio?
https://www.musicbusinessworldwide.com
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"I would like producers and songwriters to have the deals done faster and get paid faster. In this stage of my career, it’s OK if I wait three or four months for a payment, but I know how it is when you’ve just started making money. I wish this could be changed, it would change the lives of people who’ve just started getting into music and making records; it would help them have financial stability, so they don’t have to worry about paying the bills." MBW’s World’s Greatest Producers series meets Swiss producer/songwriter OZ, now established as a major player through his work with Drake, Travis Scott, Jack Harlow and others. Thanks to Hipgnosis Song Management for the support. #Drake #producers #MusicProduction
‘Artists like Drake and Travis Scott push me to go to my limits every time I make music for them.’
https://www.musicbusinessworldwide.com
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Wasserman doubles down on M&A, bringing in private equity exec Steve Murray to lead acquisitions strategy Announcing the appointment, Wasserman Chief Financial Officer Elena Rochelli on Tuesday (July 30) said: “Steve’s nearly fifteen years of experience sourcing, structuring and executing highly complex and transformative transactions, paired with his deep knowledge of the sports, music and entertainment industries globally, are a perfect match for our business as we look to accelerate our pace of acquisition in this next leg of our growth. Steve will play a leading role in Wasserman’s growth strategy moving forward, and we expect his firsthand experience working closely with our company over these past couple years to allow for a uniquely smooth transition.” #Acquisitions #musicbusiness #musicindustry
Wasserman doubles down on M&A, bringing in private equity exec Steve Murray to lead acquisitions strategy
https://www.musicbusinessworldwide.com
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This week's Job of the Week is for BMG - The New Music Company who are seeking a Director, Royalty Analyst to play a pivotal role in their royalty and analytical operations. Applicants must have music publishing or recording experience, ideally in income tracking, audit, royalties or any other analytical role. Based in London. #musicindustry #musicjobs #jobsearch #jobsearching #jobhunt #jobhunting
BMG – Royalty Analyst, Director (UK)
https://www.musicbusinessworldwide.com
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Alison Donald, Kobalt Music’s Head of Global Creative, has announced she will leave the company at the end of the month. “Alison’s fervor for creativity and music have always been felt throughout the entire organization, inspiring our teams every day,” said Kobalt President, Jeannette Perez “Her palpable energy and enthusiasm will be missed by everyone at Kobalt. We wish her all of the best as she embarks on her next journey.” #Musicbusiness #musicindustry #musicnews
Alison Donald, Kobalt’s Head of Global Creative, to exit company
https://www.musicbusinessworldwide.com
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Why Universal Music Group's slowdown in streaming revenue growth is (partly) an illusion... and 4 other things we learned from Universal's latest earnings call #Universalmusic #UMG #Universal
Why UMG’s slowdown in streaming revenue growth is (partly) an illusion… and 4 other things we learned from Universal’s latest earnings call
https://www.musicbusinessworldwide.com
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From Universal Music Group's Q2 results to Spotify's new ‘deluxe’ tier, don't miss MBW’s Weekly Round-Up, where we make sure you caught the five biggest stories to hit our headlines over the past seven days. Thanks to Centtrip Ltd for the support. #musicbusiness #musicindustry #musicnews
From Universal Music’s Q2 results to Spotify’s new ‘deluxe’ tier… it’s MBW’s Weekly Round-Up
https://www.musicbusinessworldwide.com
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Spotify co-founder cashes out $85.8m in stock after streamer posts record profit… as songwriters brace for $150m royalty cut this year #Spotify #musicstreaming #musicbusiness
Spotify co-founder cashes out $85.8m in stock after streamer posts record profit… as songwriters brace for $150m royalty cut this year
https://www.musicbusinessworldwide.com