Universal holding fire on SoundCloud deal?
Universal has put any licensing deal with SoundCloud on hold while the service is engaged in a lawsuit with PRS for Music.
That's according to a couple of Digital Music News sources, with one stating outright: ““[UMG] doesn’t want to do the deal with PRS suing.”
Back in August, the major label was said to be close to inking a deal, following previous agreements between the streaming service and Merlin, the NMPA and Warner, which is ...
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