Universal Music Group Chairman Lucian Grainge expressed skepticism of SoundCloud's business model and the benefit of doing a deal right now with audio platform. There is an “opportunity for SoundCloud to create incredible revenue,” said Grainge, but first he needs to discuss “what the business plan is going to be.” His remarks came on stage at the WSJD Live Global Technology Conference Tuesday. Grainge was less critical of a rumored deal with Google's YouTube. “We’re very good partners with people where we’re aligned,” he said, according to the Wall Street Journal. (But) “I can’t comment on something that hasn’t been...

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