Soundcloud Online Music Service Adds Paid Streaming

Associated Press: SoundCloud is entering paid music streaming, hoping to turn its community of cover singers, remixers and wannabe stars into a bigger source of revenue. Since its launch in 2007, the Berlin-based service has allowed pretty much any audio to be uploaded to its cloud. It has slowly introduced tools to earn revenue, introducing paid services for artists in 2008 and ad revenue sharing for invited musicians in 2014.