SoundCloud One Step Closer to Subscription Service with Sony Deal
Rumors have been flying about SoundCloud’s forthcoming subscription service since last summer, but a new deal with Sony Music Entertainment has cinched it. This latest agreement gives SoundCloud deals with all three major labels – Sony, Universal and Warner. According to Billboard, SoundCloud previously had an agreement with Sony, but in May 2015, Sony pulled music from SoundCloud pages because there was no way to monetize the content.
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