NMPA, SoundCloud Reach Rights Agreement
The National Music Publishers’ Association and SoundCloud agreed on terms of a rights agreement that will let NMPA’s independent music publishers and songwriters monetize content on SoundCloud that contains their work, the association said Wednesday. “This agreement ensures that when SoundCloud succeeds financially, so do the songwriters whose content draws so many users to their site," NMPA President David Israelite said in a news release. SoundCloud declined to comment beyond confirming NMPA’s announcement.