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Soundcloud caused controversy recently by letting Universal Records delete content and now it's becoming clear why. Soundcloud, Universal, Sony and Warner are said to be on the cusp of a deal, one in which the music hoster gives the labels royalties and up to 15% of its business in exchange for not getting sued.

Continue on: http://torrentfreak.com/soundcloud-doing-a-deal-with-record-labels-not-to-get-sued-140711/

 

Modern day mob shit....pay for protection.