This announcement comes from Last.fm today:
This is a big day for DIY artists as it marks the first time that musicians not affiliated with a label or royalty collection agency can collect revenue direct from a free streaming music platform. We’re very proud to now offer DIY artists the same royalty opportunities as those presented to record labels acts.
Now’s the time to upload your music to Last.fm. Then sign up for the Artist Royalty Program in the Music Manager.
In other Last.fm news, subscribers have been given access to the new Last.fm beta, which includes a facelift and improved user experience. One notable benefit is when you make your music available to download free, it will be included in iTunes podcasts, reaching an even larger audience.
Great times for DIY artists!
I’m not a musician, but this is exceptionally cool! It’s about time!