Soundcloud Reaches Royalty Deal With 20,000 Independent Labels

Just when things were starting to get a little shaky for SoundCloud, the streaming site has reached a major royalty deal with Merlin, which is a licensing company that reps around 20,000 independent record labels. With this new deal, the label's will now make money from SoundCloud streaming, and will also begin to use SoundCloud's advanced user data going forward. This news comes just weeks after Sony started to remove some of their biggest artists' music, such as Adele, Miguel, and more, from the site, which brought a large cloud of doubt around the company.

“Independent creators have always been...

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