Hey DJ’s and music producers, @DJTechTools has a verrrry interesting read re: @Spotify, @AppleMusic, #MixBANK and @Soundcloud today.
Very interesting short read over at DJ TechTools today. In short, that Apple Music + Spotify are now streaming unofficial remixes and doing so via a service called MixBANK. Apparently this service will verify and acquire any needed rights for remixing the original track, and then any resulting royalties from streams get redistributed out to the original artist and the remixer.
Apparently DJ mixes are next:
” . . . A big part of the news about these partnerships was that MixBANK also can license songs that are inside of longform DJ mixes. This will be huge – DJ mixes historically have always been relegated to dedicated sites like Mixcloud or Soundcloud. Being on a streaming service means you get a built-in audience for your mixes . . .”
ALL of that in mind, I kinda do agree that it would be a perfect time for Spotify to wrap up the buy of Soundcloud they’ve been sniffing around and go for it. Win/win for everyone if this works like advertised on the tin!
Semi-interesting, at least to my little brain, is it seems that for one brand new edgy business, it near always already has a rival at it’s public announcement – the latest being MixBANK, with me hearing about Orfium (https://www.orfium.com) a few weeks back first.
If you haven’t got one already, I’d recommend you get yourself a MixBANK (https://app.mixbank.com/sign-up) account. (And most assuredly a Soundcloud (https://soundcloud.com) one if you’ve not got one of those already).