SoundCloud makes moves to monetise
News: 11th July 2014 by Louise Dodgson under Record Labels, Selling & Distributing Your Music
SoundCloud have been making some changes behind the scenes of late, including finalising deals with major labels over licensing rights to keep hosting songs, and offering them a small stake in the business. They've also recently updated their mobile app and in the US are "experimenting with different monetization approaches" as SoundCloud co-founder Eric Wahlforss puts it. Watch this space but it looks like SoundCloud could transform in the near future from a platform for uploading and sharing music to a monetised streaming model. Read more about it via the links below...
Related Links
http://www.musicweek.com/news/read/soundcloud-close-to-finalising-major-label-deals/058993
http://www.gigwise.com/news/92141/soundcloud-to-pay-royalties-as-company-begins-to-monetize
http://www.theguardian.com/technology/2014/jun/26/soundcloud-mobile-iphone-app-streaming
Tags
soundcloud, music streaming, major labels, record labels, digital music
