Pitchfork recently reported a game-changing accounting revolution in the music industry:
— Read the restUnder SoundCloud's "fan-powered" royalty model, unveiled in March, a listener's subscription or advertising revenue goes directly to the artists to whom they listen in a given period of time; that's instead of the "pro-rata" model typically used by Spotify and other streaming services where money is pooled and divvied up to rights holders based on their market share.
