WILL THE DEATH OF SOUNDCLOUD BE JUST WHAT BiMstr NEEDED?
SoundCloud might soon be no more and YouTube is rumored to be making major changes too. How does that affect the local artist and his fans.
Rumor has it that Soundcloud might be out of business within the next 50 days. Having slashed its workforce by 40% on July 5; shutting down its London and San Francisco offices there is reason to believe things are not going on smoothly over there. The company denies those claims but we all know SoundCloud has been struggling to find a profitable business model for quite some time now.
Other rumors are signaling major changes coming to YouTube in the nearest future even though nobody is saying exactly what the changes will be.
So what does this mean for the Cameroonian artist and Consumer ?
We have become accustomed to these services forgetting that one day they might be gone from us.
(oh! The effects of globalization)
We all know streaming is the future but a huge majority of local fans are light years away from being able to have access to music streaming accounts. YouTube and SoundCloud have been the primary distribution channels for Cameroonian artists, some using BandCamp and AudioMack for heavier content. Surely the changes will come but will the local Cameroonian artist be in mind when they do? After all, it is not like companies in Cameroon are serving ads on YouTube in an amount that YouTube should care.
The future of online music distribution for upcoming artists seems to be hanging on a thread right now. With no major/popular platforms specifically curated for the local African artists, what I see here is an opportunity for some African tech company to create a service that will cater to the artists and fans that the changes to YouTube and possible end of SoundCloud will leave hanging. This might just be good news for Bimstr, set to launch it’s music distribution platform in the first week of August this year.
If you are an avid user, you must know of YouTube RED, a $9.99 per month ad free YouTube experience. Products like this one tell you YouTube is trying to restructure the platform and figure out more avenues for revenue generation.
We all know digital album sales are not yet the thing in Cameroon and it is only a matter of time before the CD and the CD player receive the fate of the cassette tape. Artists need to start thinking about the future of their music distribution. Facebook will remain a platform but Facebook is not dishing out money for views as yet.
Things are about to get a whole lot complicated for the artists as wells as the fans. How prepared are we for the change?