On the Move tracks hires, promotions, and other notable personnel changes within the online audio industry. Today’s moves include a promotion at Vevo and new hires for SoundCloud and Pacific Content. Continue Reading
At long last, SoundCloud has signed a licensing deal with Universal Music Group. This deal allows Universal to collect revenue from instances where its catalog appears on the audio platform. SoundCloud has been working to get pen to paper on this agreement for many months. Continue Reading
SoundCloud has raised 300 million krona (about $35 million) in debt funding. A representative for the online audio platform confirmed the arrangement with investment firm Tennenbaum Capital Partners. Continue Reading
SoundCloud has inked a multi-territory licensing deal with PRS for Music, a UK-based organization representing songwriter and publisher rights. This arrangement will cover SoundCloud’s use of PRS’ repertoire since the audio service launched. Continue Reading
Today in ‘news you never imagined reading,’ Pope Francis is releasing a rock album. Yes, the real Pope. The album is slated for a physical release on Nov. 27, but it is getting an early streaming launch exclusively on Deezer. The lone English language track is also up to stream on SoundCloud. Hallelujah! Continue Reading
SoundCloud has launched a new standalone mobile app specifically for audio creators. SoundCloud Pulse helps creators manage their accounts and communities. For now, Pulse is only available on Android, but an iOS version and new features are in the works. Continue Reading
Some days it seems like SoundCloud just can’t catch a break. Last month, we reported on rumors that SoundCloud and Universal Music Group might at long last be nearing a deal. In the latest twist of the will-they-won’t-they saga, Universal appears to have gotten skittish. Continue Reading
Brief news items and worthy reads from around the web: SoundCloud CEO on labels, varied business models; Apple Music is tops down under; how Pandora’s CTO works. Continue Reading
Yesterday, we reported on PRS for Music’s lawsuit against SoundCloud. Today, the plaintiff got a statement of support from their fellow Brits at BASCA. “We acknowledge that streaming is a fantastic means of listening to and enjoying music but SoundCloud’s intransigence in refusing to be licensed through PRS For Music means their model financially damages our members,” CEO Vick Bain said. Continue Reading
We heard rumblings that SoundCloud might face legal action from the major labels, but the one to strike first is actually a UK collection society. PRS for Music is suing the online audio platform because SoundCloud does not have a license for the UK or Europe to play tracks that include material it represents. Continue Reading
The summer 2015 edition of Next Big Sound’s music industry report may be the last one to highlight SoundCloud. The online audio platform is no longer reporting to the data analytics expert. Next Big Sound tweeted to a client that SoundCloud opted to cease reporting last month, and a rep from SoundCloud confirmed the decision to Music Ally. Continue Reading
We’ve been hearing whispers about SoundCloud and its outlook for months, with people across the industry questioning whether the audio platform is hovering on the brink of glory or disaster. The latest hints point to positive news, as rumors circulate that it is on the cusp of agreeing to a licensing deal with longtime critic Universal Music Group. Continue Reading