Tag: soundcloud

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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,...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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’...
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SoundCloud launches Pulse app for creators

SoundCloud has launched a standalone app for creators on its service, initially on Android. SoundCloud Pulse is not about uploading, mind – it’s more about account management. People can use it to reply to comments on...