Tag: soundcloud

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SoundCloud’s future will be decided today – for better or worse

After months of speculation about SoundCloud’s financial health, today might just be the most important day in the music-streaming service’s history. Its current shareholders must decide whether to approve a proposal...
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Potential SoundCloud investors named as Raine Group and Temasek

Earlier this week we reported on claims that SoundCloud was in negotiations to sell a majority share in the company to two private-equity groups. At the time they were unnamed, but it didn’t take long for journalists...
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SoundCloud survival may involve new private-equity investors

Having laid off 40% of its staff and closed several offices in an effort to “take more control” over its future, SoundCloud is now tackling the challenge of securing funding to ensure its survival beyond the final quarter...
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SoundCloud’s core community sounds off about its problems

It’s overly simplistic to suggest that SoundCloud’s problems in 2017 – including its recent major round of layoffs – are entirely rooted in its moves to secure licensing deals with labels and publishers, while launching...
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Kumo aims to provide social features lacking on SoundCloud

With third-party developers building a growing number of apps using the APIs of Spotify and Apple Music, perhaps the developer community can also help SoundCloud plot its next moves forward. One team that was calling itself...
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SoundCloud debuts video series in partnership with The Fader

Now may not seem the most opportune time for SoundCloud to be investing in original video content that lives outside its core service. But the streaming service has partnered with The Fader to make a series of six shows...
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‘SoundCloud is here to stay’ says CEO… and Chance the Rapper

SoundCloud CEO Alexander Ljung has responded to reports of his company being on the verge of running out of money with a blog post claiming it is “here to stay”. He also got backing from one of the most prominent artists...
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SoundCloud ‘is fully funded into the fourth quarter’

After a report on TechCrunch based on leaks from an internal meeting raised new doubts about SoundCloud’s financial sustainability, the streaming service has responded. But its statement pretty much confirms the claim...
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SoundCloud CEO: ‘We decided we would take more control’

Last year, campaigners for the UK to leave the European Union urged voters to “take back control” – although ever since a narrow majority of Brits voted to do exactly that by backing ‘Brexit’, the process has looked...
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Hire a SoundClouder spreadsheet goes public after layoffs

SoundCloud announced that it was laying off 40% of its staff – 173 people – last week. We suggested on Friday that other streaming services and music companies would be keen to snap up some of those employees. Now...
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Collaboration with YouTube and SoundCloud key to tackling stream-ripping piracy

Earlier today, we covered a new report co-published by PRS for Music and the UK's Intellectual Property Office (IPO) about 'stream-ripping' piracy – where music from streaming services is converted into downloads to keep. Following...
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With 40% of employees laid off, what now for SoundCloud?

It seems contradictory to describe SoundCloud’s announcement yesterday that it was laying off 173 staff as a shock but not necessarily a surprise. That has been the most common sentiment in the responses to the news...