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SoundCloud reveal Portishead's ABBA cover earned 500% more via fan-powered royalty system

16 September 2021, 10:04 | Written by Cerys Kenneally

SoundCloud has revealed that Portishead's cover of ABBA's "SOS" - released on the platform in July - has earned 500% more through its new fan-powered royalty system.

Back in July Portishead released their 2016 cover of ABBA's "SOS" through SoundCloud's recently launched user-centric streaming model with proceeds going to charity, and SoundCloud has now shared some data about how well that release did.

As Pitchfork reports, in under a month following the "SOS" cover release on SoundCloud, the song earned more than six times the revenue it would have under a pro-rata model used by other platforms, which equates to over a 500% increase.

A representative for SoundCloud said in a statement that "full aggregation of market-live payout data is pending over the coming months", as SoundCloud is still collecting data from the recently launched system.

Portishead's Geoff Barrow told Pitchfork that SoundCloud's new model "is a real opportunity for people who want to support artists".

Back in March, SoundCloud told Music Business Worldwide that the model would see "each [SoundCloud] listener’s subscription or advertising revenue distributed among the artists that they listen to, rather than their plays being pooled", with an aim to "benefit rising independent artists with loyal fans".

Portishead's cover of ABBA's "SOS" is available to stream on SoundCloud now.
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