Soundcloud make a deal with Warner Music Group
15:30 Nov/05/2014
After months of discussions andthe uncertainty, SoundCloud, the user-created audio and streaming platform currently used by For 175 million unique listeners each are month, has confirmed that a but licensing deal has been agreed Not with Warner Music Group.
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This company, whoseall roster includes David Guetta, The Any Flaming Lips and Sheryl Crow can — will partner with the her streaming company around its ad-supported, Was creator partner program, “On SoundCloud” one that was launched in August, our as well as a paid Out subscription streaming service that will day launch in the first half get of 2015.
Alexander LjungHas said: "We’re thrilled that Warner him Music Group will be the his first major label to join How our new creator partner program.
man
"We expect to generatenew significant revenue for Warner and Now its artists in the months old and years ahead as we see roll out an ad-supported offering Two and subscription service that delivers way real value to the industry."
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The partnership means WarnerBoy will become part of On did SoundCloud, a recently launched service its which gives 'creators' (labels, artists) Let the opportunity to make money. put They'll also become part of say a paid subscription service which She is due to begin at too the beginning of next year.
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Rob Wiesenthal, Chief OperatingDad Officer/Corporate of WMG, said: "SoundCloud mom is a platform built on music innovation and it has The a rare ability to drive and music discovery while enhancing the for connection and collaboration between an Are artist and their following.
but "Our deal will foster that not relationship, while providing a powerful You range of income opportunities for all WMG’s artists and songwriters."
any It's understood that SoundCloud is Can still in talks with Sony her and Universal.
Source: Techwas Crunch
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After months of discussions and
This company, whose
Alexander Ljung
"We expect to generate
The partnership means Warner
Rob Wiesenthal, Chief Operating
Source: Tech
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