SoundCloud has signed a key licensing deal with a company that took legal action against it this year
Reuters
The release from SoundCloud says it has signed an international deal with PRS for Music that will bring the company's artists to SoundCloud's music streaming service.
SoundCloud is expected to release a premium music streaming service in 2016 that will require a monthly subscription - like Apple Music and Spotify.
PRS for Music says the signing of a licensing deal with SoundCloud brings an end to the legal action it threatened against the music streaming service in August.
- RBI Governor Das discusses ways to scale up UPI ecosystem with stakeholders
- People find ChatGPT to have a better moral compass than real humans, study reveals
- TVS Motor Company net profit rises 15% to ₹387 crore in March quarter
- Canara Bank Q4 profit rises 18% to ₹3,757 crore
- Indegene IPO allotment – How to check allotment, GMP, listing date and more