In March, SoundCloud debuted Go, a subscription service which took as its mission the legitimization and monetization of a thorny, persistent problem for rights holders: derivative works, like DJ mixes that interweave various songs, and remixes which reimagine others' works.

"When you're doing something at true internet scale -- millions and billions -- what we've created works for most stuff," SoundCloud CEO Alexander Ljung told Billboard at the time. "It was important to us to preserve the creative elements that make SoundCloud so popular with artists and fans," Warner Music Group CEO Stephen Cooper said on the same occasion.

That's still the plan, according to the company. Despite a report claiming the platform would be pulling down this type of content frequently in the wake of its deals with Universal Music Group and Sony Music, the company tells Billboard that "the story has no truth to it. At SoundCloud, we're on a mission to create a place where all creativity can live. SoundCloud's creator community, including DJs, is incredibly important to us."

Requests for comment from Universal Music, Merlin, Sony Music and Warner Music were not returned.

SoundCloud launched Go in the U.K. and Ireland earlier this month.