Leak Reveals SoundCloud's Plans For Subscription Service

A contract recently leaked online detailing SoundCloud's plans of a subscription service.
The company has been looking for ways to monetize their service by negotiating with labels and publishers.
The unsigned contract details three possible levels of SoundCloud membership as follows: Full Catalog subscription, additional services less expensive than the full catalog without ads, and the free limited catalog with ads.
The contract delves deeper into details outlining a plan where labels would be paid based on a percentage of streaming revenue, a percentage of royalties, or a per-user fee.



wochit_business