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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

The post SoundCloud’s CEO Officially Out in Approved Bail Out Plan appeared first on EDM Sauce.

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SoundCloud’s new investors want to replace its current CEO

The Raine Group and Temasek Holdings have proposed a new funding plan that among its suggestions, includes the replacement of SoundCloud’s current CEO.

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