SoundCloud signs licensing deal to pay independent labels for music streams
by Stuart Dredge from Technology | The Guardian on (#ADSW)
Partnership with licensing agency Merlin also covers the company's plans for a paid music subscription service later in 2015
SoundCloud has struck a deal with licensing agency Merlin that it says will help independent labels start making money from plays of their songs on the streaming service.
It's a significant partnership for SoundCloud, since Merlin negotiates streaming deals on behalf of more than 20,000 labels and distributors, including well-known labels such as Beggars Group, Domino, Ninja Tune and Warp Records.
Related: 10 things we learned from a day of indie labels talking digital music
Related: British songwriters body BASCA takes aim at Google and SoundCloud
Continue reading...