Dave Wiskus, in an open letter to SoundCloud regarding their new subscription service:
Your Go service is $9.99 for unlimited songs. Users can download songs for offline listening. Anyone can access the same collection of songs for free but with advertisements included. So far so good. But then I get to the “Creators” section of your announcement to see what this means for my band, and I see nothing at all about our cut of the take.
As things currently stand, it doesn’t look like SoundCloud intends to pay most smaller, independent artists with its subscription revenue. This doesn’t sound good. SoundCloud should move quick to rectify this, otherwise they risk alienating the artists that helped make them what they are today.