Last week, SoundCloud launched their new paid subscription service—yes, another on-demand streaming site. SoundCloud Go, as they’ve named it, promises many things such as a larger catalogue and maintaining the user-friendly interface they’re popular for, but when it comes to the details of artist compensation, it leaves much to the imagination. In other words they’ve decided not to disclose much information or have not yet figured everything out yet. read more
Earlier this month, Bloombergreported that streaming music host SoundCloud was close to finalizing licensing deals with the three major labels. The deals would reportedly grant each label an ownership stake in SoundCloud of 3-5 percent in exchange for their agreement not to sue over copyright infringement on SoundCloud. Meanwhile, a mini-controversy has erupted over Soundcloud’s implementation of its copyright enforcement procedures, making it important to separate fact from fiction.