SoundCloud Said to Near Deals With Record Labels

SoundCloud Said to Near Deals With Record Labels Play

July 11 (Bloomberg) -- The largest record labels are closing in on a deal for a stake in buzzy digital-music service SoundCloud Ltd., in exchange for an agreement not to sue the startup for copyright violations, according to people with knowledge of the plans. Hans Nichols reports on “The Pulse.” (Source: Bloomberg)

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