SoundCloud launches $4.99-a-month fully on-demand streaming product

SoundCloud has become the first major music streaming company to launch a $4.99-a-month, ad-free, fully on-demand service – but there’s a catch.
The firm has today announced that its paid-for tier, SoundCloud Go, will now be available for the budget price (or £5.99 in the UK).
That’s because its true premium product will now be called SoundCloud Go+ – and continue to cost $9.99/£9.99-a-month.
The difference? SoundCloud Go has 120m available tracks. SoundCloud Go+ has 150m available tracks.
You can bet your bottom dollar the 30m difference contains a whole wealth of music distributed by major and large independent labels.

Read more on Music Business Worldwide.