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 189,281 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 Alexis Lanternier who has been appointed as the new CEO of Deezer #Deezer #musicstreaming #musicindustry #musicbusiness
Alexis Lanternier appointed as the new CEO of Deezer
https://www.musicbusinessworldwide.com
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Excellent opportunity going at TaP Music who are seeking an experienced and dedicated Executive Assistant to provide seamless and effective support to their CEO in London. Minimum 3 years experience (inc. at least 1 year of continuous employment) as music industry EA required. #musicindustry #musicjobs #jobsearch #jobsearching #jobhunt #jobhunting
Tap Music – Executive Assistant/Office Manager (UK)
https://www.musicbusinessworldwide.com
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Universal Music Group generated $3.15bn in Q2 – driven by top sellers Taylor Swift, Billie Eilish, SEVENTEEN and more MBW’s Stat Of The Week is a series in which we highlight a data point that deserves the attention of the global music industry. Thanks to Chartmetric for the support. #universalmusicgroup #musicindustry #musicbusiness
Universal Music generated $3.15bn in Q2 – driven by top sellers Taylor Swift, Billie Eilish, SEVENTEEN and more
https://www.musicbusinessworldwide.com
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Chris York, a widely respected live music executive and one of the UK’s top concert promoters, has died at the age of 55 following a long illness. SJM Concerts
Chris York, one of the UK’s top concert promoters, has died at the age of 55 following a long illness
https://www.musicbusinessworldwide.com
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HYBE CEO Jiwon Park has stepped down from his role at the South Korea-headquartered company behind K-pop superstars BTS. Jason Jaesang Lee, HYBE's current Chief Strategy Officer, has been appointed as its new Chief Executive Officer. #HYBE #Kpop #SouthKorea #musicbusiness #musicindustry
HYBE CEO Jiwon Park resigns; Chief Strategy Officer Jason Jaesang Lee named as new Chief Exec at K-Pop giant
https://www.musicbusinessworldwide.com
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Daniel Ek talks new Spotify ‘deluxe’ tier, the company’s relationship with the music business and more on Q2 earnings call MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories. #DanielEk #Spotify
Daniel Ek talks new Spotify ‘deluxe’ tier, the company’s relationship with the music business and more on Q2 earnings call
https://www.musicbusinessworldwide.com
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This week's Job of the Week is for TEG Live Europe who are seeking an experienced and passionate Live Music Promoter to be responsible for planning, promoting, and executing live music events across various venues. You must be well connected in the music industry across the UK, with an entrepreneurial mindset. Based in the UK. #musicindustry #musicjobs #jobsearch #jobsearching #jobhunt #jobhunting
TEG Europe – Promoter (UK)
https://www.musicbusinessworldwide.com
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"I definitely don’t cater for the TikTok world, sometimes things get on there that I’ve worked on, but it’s not by any design of mine. It seems like bending to the will of the consumer too much, there’s something a bit icky about it that I find disingenuous. I just don’t think it makes for good art." MBW’s World’s Greatest Producers series speaks with British super-producer James Ford about his role as a key creative collaborator with Arctic Monkeys, a crucial link in Blur's reunion, and much more. Thanks to Hipgnosis Song Management for the support. #arcticmonkeys #blur #musicindustry #producers
‘I try and stay out of business conversations. I go on my instinct and my musical taste.’
https://www.musicbusinessworldwide.com
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From the $2bn copyright lawsuit against Verizon to Shamrock’s rights portfolio acquisition… 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. #musicindustry #musicbusiness #musicnews
From the $2bn copyright lawsuit against Verizon to Shamrock’s rights portfolio acquisition… it’s MBW’s Weekly Round-Up
https://www.musicbusinessworldwide.com