14-08-2015 00:39 via feedproxy.google.com

SoundCloud Facing Legal Action ‘Before Thanksgiving,’ Sources Say

Legal threats against SoundCloud from major content owners are now intensifying, according to sources, with filings likely to happen within a few months if negotiations don’t progress.  Earlier, Digital Music News pointed to looming legal threats from major labels Universal Music Group and Sony Music Entertainment, based on massive and unresolved levels of infringing content on the site.
Now, with negotiations spinning in circles, the clock is ticking as a stalemate approaches.  
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