The Berlin-based company was set up to streamline how music is moved around online, allowing musicians to share tracks with each other and labels to control how their music is used on the web.

At the start of the year, SoundCloud signed a deal with blog aggregator The Hype Machine to work as the main audio player across a variety of influential music blogs.

Domino was one of the first record labels to sign up to serve pre-release tracks this ...