SoundCloud survives but it's bad news for musicians

SoundCloud survives but it's bad news for musicians
Audio streaming website SoundCloud has survived its do or die moment. In the face of serious financial trouble, it secured US$169.5m of investment from merchant bank The Raine Group and investment firm Temasek Holdings. As its CEO and co-founder Alexander Ljung said: “SoundCloud is here to stay.” Ljung is not, however....
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