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This article was published on December 21, 2015

SoundCloud agrees to pay royalties after five-year negotiation with publishers


SoundCloud agrees to pay royalties after five-year negotiation with publishers
Kirsty Styles
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Kirsty Styles

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Kirsty Styles is a journalist who lives in Hackney. She was previously editor at Tech City News and is now a reporter at The Next Web. She l Kirsty Styles is a journalist who lives in Hackney. She was previously editor at Tech City News and is now a reporter at The Next Web. She loves tech for good, cleantech, edtech, assistive tech, politech (?), diversity in tech.

The trade body for musicians PRS for Music has come to a ‘multi-territory’ agreement with SoundCloud and called a halt to legal proceedings against the firm.

The organization launched a lawsuit against SoundCloud in August after five years of negotiations on getting royalties for its members broke down.

PRS said this agreement means its members will now be “fairly rewarded” for the use of their music, while the announcement also outlines plans to work together into 2016 to make the platform even better.

This will include joint working on improving metadata on the platform so artists can better understand if their music is being used – and get paid for it – as well as promising “new SoundCloud services and functionality across Europe in 2016.”

TNW has reached out to SoundCloud to find out exactly what those services might look like. We’ll update the post if we hear back.

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