Video: SoundCloud Signs Licensing Deal w/UMG w/Subscription Service To Come Later This Year

Of course, most of the world knows by now that music site SoundCloud has signed a licensing deal with Universal Music Group with an upcoming subscription service to come later this year. While this arrangement is good for UMG (and possibly, the artist), this move is bad for the customer as they will have to pay at some point to keep using the service.

You can see DJ Akademiks offer his take (in more detail) on this on this situation below…R.I.P. SoundCloud 2007-2016!!!