Last.fm Actually Compensating Artists
Last.fm the UK-based music streaming site, launched an Artist Royalty Program that gives musicians a percentage of revenue, Wired reports. That revenue is earned from the advertisements that appear next to the artists’ music as it “streams in a radio program or is played on-demand by a visitor to the site.”
“This is a big day for DIY artists,” said Last.fm co-founder Martin Stiksel in the report. “We’re leveling the playing field by offering them the same opportunities as established bands to make money from their music.
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