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SoundCloud’s CEO Officially Out in Approved Bail Out Plan

If you’ve been keeping up with SoundCloud lately, you know there have been some struggles. After laying off nearly 40% of their staff earlier this summer, the steaming service has been scrambling for ways to let the music live. With private equity firms, Raine Group & Temasek agreeing to fund a life line deal of

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Chance The Rapper Claims To Be ‘Working On The SoundCloud Thing’

Shortly after SoundCloud was reported to only survive another 50 days, Chance The Rapper tweeted “I’m working on the SoundCloud thing.” SoundCloud has since disputed the claim stating that they are fully funded into the fourth quarter. While we’re not fully sure what Chance The Rapper meant here when he claims to be “working on

The post Chance The Rapper Claims To Be ‘Working On The SoundCloud Thing’ appeared first on EDM Sauce.

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Soundcloud Reportedly To Only Last 50 More Days: Back Up Your Music NOW

Techcrunch has reported from insider information that Soundcloud will last at a maximum of 50 days before going entirely bankrupt. This report comes after news of the company downsizing by closing offices in London and San Francisco and subsequently fi…

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