SoundCloud Signs Licensing Deal With Sony
March 18, 2016 at 5:17 PM (PT)
Streaming music service SOUNDCLOUD has signed a licensing deal with SONY, the NY TIMES reports. The deal comes after similar arrangements with WARNER MUSIC, UNIVERSAL and MERLIN, enabling SOUNDCLOUD to launch a service for paid subscribers later this year.
“This agreement creates a business framework for the use of SONY MUSIC songs on the SOUNDCLOUD platform that meets the needs of our artists and labels and supports the growth of SOUNDCLOUD through its new premium on-demand music tier,” SONY Pres./Global Digital Business and U.S. sales DENNIS KOOKER said.
The deal could mean that a free version of SOUNDCLOUD would have just a sampling of SONY’s music, while a majority of its music would be available on a paid version of the service.