Citing the Terms of Soundcloud: "SoundCloud may assign its rights and (where permissible by law) its obligations under this Agreement, in whole or in part, to any third party at any time without notice, including without limitation, to any person or entity acquiring all or substantially all of the assets or business of SoundCloud."

This is embarassing. I use a number of payed accounts, with original content only, but sometimes you should rethink whom you give your money, and if you still can trust them. I don't want any major label - and nobody - to shoot me in the back out of nowhere.

I'm German, the SC offices are two streets from where I sit now. I have some doubt if their Terms apply to German law in all the details. Unfortunately, I'm no lawyer.