Both listeners and uploaders would likely agree that SoundCloud is becoming the main hub on the internet for user-created audio content. However, it seems as if the company may be looking to grow beyond that. According to Re/code, SoundCloud has started approaching "big music labels" in hopes of landing licensing deals for "some of their songs." While a number of copyrighted tunes can already be found on the site (see above), the music labels still have full control and can easily take down any media that isn't supposed to be there. For SoundCloud users, this would signify having access to a more robust library of songs from known artists, while the record companies would benefit by taking a chunk of money in exchange for a licensing agreement. It could be a bold move for SoundCloud, but with investors recently showing they have quite a lot of faith in it, perhaps the service isn't far off from coming to terms with the almighty music labels.
0 Comments ShareVia: The Verge
Source: Re/code
The Wall Street Journal Tags: licensing, music, music labels, music licensing, SoundCloud Next: Engadget Podcast 381 - 1.24.14 .fyre .fyre-comment-dividerView the Original article
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