Popular streaming service SoundCloud could soon be partnering with major record labels like Sony, Universal and Warner, according to a report on Bloomberg. The deal would approximate the website’s value at $500 to $600 million, … read more »
Poor YouTube. Everyone’s trying to cash in on your idea and they don’t even have the decency to keep you in the loop.
Completely free, legal, high-quality downloads. It’s a pipe dream for American music fans. And until this week, it was for the rest of the world, too. Google, Inc., launched free downloads of licensed songs in China Monday, sharing their ad revenue with the labels and giving users access to the catalogs of Sony, Warner, EMI and Universal. read more »
A while back, we told you about a plan from some of the major labels to launch a Hulu-like music video web site as an alternative to the unthinkable pennance they were apparently earning for letting their artists’ videos air on YouTube. Now, as some of the majors renegotiate liscensing deals with YouTube (and others just flip out), Universal has partnered with the Google-owned operation to create its own UMG-artists-only online home for music videos. read more »