News of a livestreaming app for DJs can’t help but spark questions about royalties for the musicians whose work those DJs are using in their sets.
Skrachy is a US startup which claims to have an answer for that: it will charge DJs membership fees, and pay royalties out from that.
“A Skrachy membership equips DJs with the tools to monetize their business, including a virtual storefront, gig scheduler complete with built-in calendar and payment processing, a virtual console for livestreaming, and royalty protection for their event mixes,” is how the company’s launch announcement described its plans.
Details of how those royalties will be calculated and paid out have not yet been announced, nor has the cost of a membership. But Skrachy’s app is available in beta, and the company has launched a pre-launch contest encouraging DJs to sign up for a profile – membership is free for 60 days.
“As DJs are trying to move their music online, Skrachy was designed with the tools and technology that they need to run their business and monetise, so they can bring their focus back to the music,” says CEO Kevan Cooper (pictured above).
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This is amazing! Can’t wait to get more info!!
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