Qobuz Donating 100% of Streaming Revenue to Artists
Qobuz is paying artists 100% of new subscriber streams.
The French hi-res audio service, Qobuz, is helping artists who are not able to tour during the lockdown by paying rights holders the entire revenue generated by their streams.
For all new subscribers until the 15th May, 100% of Qobuz revenues generated by the first month of subscription will be redistributed to rights holders. So, if you were considering signing up, this is a unique opportunity for you to get access to a catalogue of more than 50 million tracks in 'CD quality' (FLAC 16-Bit) and in 'Hi Res quality' (FLAC 24-Bit), as well as supporting the musicians that actually make the service possible.
This latest move shows how Qobuz continues the fight it has waged since its inception in 2007, for fair compensation to artists.
Denis Thebaud, President and CEO of Qobuz, told StereoNET:
Loving music is also, and above all, loving those who make it. If we only talk about those who can listen to music, it's a blessed period, we have the rarest thing, time.
We can all help by staying indoors and playing music, and now Qobuz offers another way in which we can help some of our favourite artists who have been grounded and have had to cancel gigs, tours and festivals.
Jay Garrett
StereoNET’s resident rock star, bass player, and gadget junkie. Jay heads up StereoNET as Editor for the United Kingdom and Europe regions. His passion for gadgets and Hi-Fi is second only to being a touring musician.
Posted in: Music
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