Tag: SoundCloud

Music Business Music Technology

This Man Is The Secret Weapon That Investors Believe Will Save SoundCloud

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News came late last week that SoundCloud had been saved, for now, by an emergency $169.5 million cash infusion. Co-founder Alex Ljung would step aside to make room for new CEO Kerry Trainor. But how can the new exec turn the deeply unprofitable music streamer around? Fortunately, he has a secret weapon, Fred Davis.   […]

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Music Business Music Technology

SoundCloud Saved By Emergency $169.5M Investment As CEO Ljung Steps Aside

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{UPDATE} SoundCloud has closed an emergency round of funding that will allow the struggling streamer stay online,  Co-founder and CEO Alex Ljung will step aside as a new leadership team takes control. _________________________________   SoundCloud has closed a reported $169.5 million emergency in funding that allows the struggling streamer and audio hub to stay online. […]

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Music Business Music Technology

SoundCloud Won’t “Continue” Unless Investors Rescue It Now, Says CE0 Ljung

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SoundCloud will be forced to shut down soon unless investors vote to step in with $169.5 million to rescue it, according to multiple reports. Today (Friday 8/11/17) is the deadline for the vote,  according to a document circulating among investors. ______________________________________________   SoundCloud won’t be able “to continue as a going concern”  unless it get […]

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What song have you heard that has caused you to experience frisson?

THIS Is What It Means If You Get Chills While Listening To Music Guest Post By: RAVEN FON  You Know That Feeling When Your Skin Tingles From Hearing A Certain Song? Well It Turns Out That Getting Chills From Music Holds A Significant Meaning. I know you’ve had it happen to you- a certain song comes […]

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Music Business Music Technology

The Raine Group In Talks to Take Stake in SoundCloud

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Guest Post By: by Dawn Chmielewski The Raine Group is exploring an investment in SoundCloud that could help the struggling music service survive on its own, sources tell Billboard. The boutique merchant bank, which has taken stakes in millennial news outlet Vice Media, Brian Grazer’s and Ron Howard’s production company Imagine Entertainment, and video news network Cheddar, among […]

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Music Business Music Technology

THE THREE ERAS OF PAID STREAMING

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Guest post by: Mark Mulligan of MIDIA Streaming has driven such a revenue renaissance within the major record labels that the financial markets are now falling over themselves to work out where they can invest in the market, and indeed whether they should. For large financial institutions, there are not many companies that are big enough to […]

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Music Business Music Technology

More Money Does Not Guarantee SoundCloud’s Survival

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Today’s news that two equity firms are close to investing in SoundCloud comes just days after the music streamer laid off 40% of its staff, and multiple leaks revealed a startup quickly running out of cash. Post courtesy of HypeBot _______________________________________________ The downward spiral has begun for SoundCloud. But is it reversible? It is hard to imagine […]

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Music Business Music Technology

All Laid-Off SoundCloud Staffers Are Being Offered $10,000 From WeTransfer “To Start Something”

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After 173 SoundCloud employees were laid off a few weeks ago, the outpouring of support led to a “Hire a SoundClouder” Google doc to connect them with new jobs. Now, WeTransfer has shown their respect for the laid-off innovators with the offer of a $10,000 check, with almost no strings attached. (Via Hypebot) ___________________________________________ In […]

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Music Business Music Technology

Music Pushes to Innovate Beyond Streaming, But Investors Play It Safe: Analysis

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Guest Post By Cherie Hu | July 24, 2017 11:58 AM EDT Getty Images Taking a look at the gap between music accelerators and venture capitalists in 2017. If you’re confused about how exactly music tech is doing in 2017, I don’t blame you. On one hand, some previously dominant music-tech stars are falling prey to money […]

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Music Business Music Entrepreneurship

3 Tips to Protect Your Music if SoundCloud Goes Bust

3 Tips to Protect Your Music if SoundCloud Goes Bust Guest post from the ReverbNation Blog You may have heard the news concerning SoundCloud’s future. No one can see into the future, but what if SoundCloud does go away? What will happen to your music? How about your fans? Where will they go? IS IT […]

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