EPISODE · Jun 23, 2023 · 44 MIN
On the Couch - #73 - In Conversation with Meng Kuok
from On the Couch with MEX · host On the couch with MEX
There are few as mighty as those who seek to democratize music for all. Meng Kuok is leading the way. Music commentator Bob Lefsetz, like many major labels I have read comments from on the back of the recent Universal/Deezer deal, simply do not get or understand the Super Fan model that’s being successfully championed by BandLab. 60 million + subscribers and climbing confirms people love it. Streaming pays from the very first play, yes at 0.0007 cents, but paid out they will be, if only when they hit a certain number, but that money stays theirs. Secondly the Super Fan model, under the Deezer/Uni deal rewards active artists who curate and look to foster community with double income (0.0014) or quadruple (0.0028) in certain cases. Yes, it’s not a perfect model, but it puts the power back in the hands of the artists and their fans. I endorse it.
What this episode covers
There are few as mighty as those who seek to democratize music for all. Meng Kuok is leading the way. Music commentator Bob Lefsetz, like many major labels I have read comments from on the back of the recent Universal/Deezer deal, simply do not get or understand the Super Fan model that’s being successfully championed by BandLab. 60 million + subscribers and climbing confirms people love it. Streaming pays from the very first play, yes at 0.0007 cents, but paid out they will be, if only when they hit a certain number, but that money stays theirs. Secondly the Super Fan model, under the Deezer/Uni deal rewards active artists who curate and look to foster community with double income (0.0014) or quadruple (0.0028) in certain cases. Yes, it’s not a perfect model, but it puts the power back in the hands of the artists and their fans. I endorse it.
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On the Couch - #73 - In Conversation with Meng Kuok
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