Reports claim SoundCloud finally has a Sony Music deal
SoundCloud may finally have a full set of major-label deals, with both The Verge and Music Business Worldwide reporting that Sony Music has signed a licensing agreement. Both cite anonymous sources as confirming the agreement,...
March 18, 2016
Dubset’s MixBANK licenses remixes – and Apple Music is its first client
Music startup Dubset is launching its new MixBANK platform for clearing and distributing licensed remixes and longform DJ mixes, bagging an impressive first client: Apple Music. The company’s technology will identify...
March 15, 2016
SoundCloud: 2014 losses highlight capital challenges in 2016
We reported yesterday on SoundCloud’s newly-published financial results for 2014. The streaming service’s revenues rose 54% to €17.4m that year, but its administrative expenses grew faster by 68% to €47.7m, fuelling...
February 10, 2016
SoundCloud financial results show €39.1m loss in 2014
SoundCloud’s revenues rose 54% to €17.4m in 2014, but its losses increased to €39.1m that year, according to the company’s annual financial results. Filed with Companies House in the UK, they reveal that the company...
February 9, 2016
SoundCloud launches public charts with weekly play-counts
SoundCloud is opening up its data a little more, launching a charts section on its website covering all music and audio on the streaming service – while also allowing people to drill down by genre. Comparable to Spotify’s...
January 27, 2016
SoundCloud strikes licensing deal with Universal Music
SoundCloud has bagged a licensing deal with its second major label: Universal Music, following its agreement with Warner Music in November 2014. The deal was announced this afternoon (although leaked in the New York Post...
January 13, 2016
SoundCloud raises €32m in debt funding
Fresh from resolving its legal dispute with PRS for Music, it has emerged that streaming service SoundCloud secured more funding – albeit debt financing rather than investment. The company has secured a credit line of...
January 12, 2016
2015’s top 100 digital music stories
What a year, eh? From Taylor Swift and Adele to Apple Music and YouTube Red, taking in cancelled IPOs, mouthy label bosses and a Tidal relaunch event that saw Deadmau5 shunted out of position to avoid "helmet clash" with...
December 23, 2015
SoundCloud settles with PRS for Music. What next?
The boundaries of European safe-harbour legislation won’t be tested in court just yet, after SoundCloud reached a settlement with collecting society PRS for Music that ends the latter’s copyright-infringement lawsuit. The...
December 22, 2015
SoundCloud: ‘silent’ track removal was actually Justin Bieber
Ho ho! SoundCloud removed a silent track on copyright grounds! Except actually, it didn’t. The streaming service has pointed out that its takedown of a track uploaded by DJ Detweiler – revealed by the artist with a...
December 1, 2015
Why safe harbour will be the music industry’s big battle in 2016
Never generalise about the technology and music industries being at loggerheads. Music Ally readers are thankfully well aware that it’s much more complex and nuanced than that. In 2015 there are plenty of ‘music people’...
November 16, 2015