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....

Continue reading
  1963 Hits