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Last.fm Launches Royalty Program for Unsigned Artists

July 9, 2008 3:37 PM ET

Last.fm launched today a "groundbreaking" Artist Royalty Program, allowing unsigned musicians to collect royalties when their music is loaded into Last.fm's library and then streamed. Since the announcing the new Royalty Program in January, more than 450,000 tracks by unsigned or independent artists have been uploaded to the site. The artists will receive royalties if their tracks are either randomly streamed or played free-on-demand. "The young musician making music in a bedroom studio has the same chance as the latest major label signing to use Last.fm to build an audience and get rewarded. The Artist Royalty Program is another revolutionary step towards helping musicians take control of their music — and, more importantly, make a living from it," said Last.fm co-founder Martin Stiksel. To sign up and start uploading your music, click here.

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Song Stories

“Love Is the Answer”

Utopia | 1977

The message of the Beatles' "All You Need Is Love" proved to be a universal and long-lasting one, which Utopia revisited 10 years later on this ballad. "From a lyrical standpoint, it's part of a whole class of songs that I write, which are about filial love," Todd Rundgren explained. "I'm not a Christian, but it's called Christian love, the love that people are supposed to naturally feel because we are all of the same species. That may be mythical, but it's still a subject." Though "Love Is the Answer" wasn't a hit, a cover version two years later by England Dan & John Ford Coley peaked at Number Ten on the Billboard singles chart.

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