Ultra Records CEO Patrick Moxey Backs Sony In Soundcloud Fight
 

The battle between Sony and Soundcloud has turned ugly this month as the label has decided to start pull down it's artist's music from the Berlin music service. Among those who have been affected this far include Adele, Miguel, Passion Pit and in the next day or two Madeon. Sony Music recently bought dance music label Ultra Records as its U.S. electronic music branch. Ultra Records CEO Patrick Moxey was a speaker at IMS Engage in Ibiza, a conference for electronic music industry folks and he was asked about the conflict between his label parent and Soundcloud. According to Music Week, he backed Sony and spoke rather candidly about the lack of monetization opportunities found on Soundcloud at the moment - a common theme echoed among labels **w.

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