soundcloud

  • Tencent tried to buy Spotify earlier this year

    Tencent tried to buy Spotify earlier this year

    Spotify has long been linked with going public in the U.S. — it is speculated to be preparing for an IPO-less listing next year — but it has emerged that the company rebuffed the opportunity to sell to a major tech name earlier this year: Tencent, the Chinese internet giant valued at $380 billion. Tencent is said to have approached Spotify with a view to acquiring the company to… Read More

  • Dubset makes Sony the first major label legalized for remixing

    Dubset makes Sony the first major label legalized for remixing

    Spotify and Apple Music could soon get the legal grey area of music like remixes and DJ sets that today live unofficially on SoundCloud. Sony Music Entertainment today became the first major record label to allow its music to be monetized through unofficial mixes thanks to a deal with rights clearance startup Dubset. That means Sony’s master recordings will be indexed by Dubset, and… Read More

  • Crunch Report | Benchmark Sues Travis Kalanick

    Benchmark is sueing Travis Kalanick, SoundCloud gets a cash infusion and Facebook buys Fayteq. All this on Crunch Report. Read More

  • SoundCloud saved by emergency funding as CEO steps aside

    SoundCloud saved by emergency funding as CEO steps aside

    SoundCloud has just closed the necessary funding round to keep the struggling music service afloat. CEO Alex Ljung will step aside though remain chairman as former Vimeo CEO Kerry Trainor replaces him. Mike Weissman will become COO as SoundCloud co-founder and CTO Eric Wahlforss stays as chief product officer. Read More

  • SoundCloud faces do-or-die vote by investors

    SoundCloud faces do-or-die vote by investors

    SoundCloud will soon collapse if investors don’t vote for a rescue funding round tomorrow. The stumbling music streaming community site had to suddenly lay off 40% of its staff last month. Now it’s asking investors for $169.5 million at a pre-money enterprise valuation of just $150 million. That’s a steep drop from the $700 million valuation of its previous rounds. Read More

  • Sick of SoundCloud? Anchor offers podcast transfer with free hosting

    Sick of SoundCloud? Anchor offers podcast transfer with free hosting

    SoundCloud is on shaky financial footing, saying it only has enough money to last a few more months unless someone buys or invests in it. That’s sure to cause anxiety in content creators with their life’s work stored on SoundCloud. Now some new startups are nipping at SoundCloud’s heels by focusing on podcasting in ways the music streaming service never did. Anchor is a… Read More

  • SoundCloud says it’s going to survive, but how?

    SoundCloud says it’s going to survive, but how?

    SoundCloud says it’s not going away. I’m glad to hear that because I can’t lose SoundCloud. Ever. Last week, SoundCloud announced layoffs of 173 employees (about half of its staff), as well as the closing of its offices in San Francisco and London. TechCrunch’s Josh Constine later found out that those layoffs and other cost-cutting measures only gave SoundCloud… Read More

  • After big layoffs SoundCloud founder says its strategy is now to ‘take back control’

    After big layoffs SoundCloud founder says its strategy is now to ‘take back control’

    SoundCloud co-founder Alex Ljung gave his first major public interview to me today at Tech Open Air Berlin. He batted back claims that SoundCloud is facing tough times, insisting that by cutting headcount by 173 people and closing two major offices, it is on its way to “taking back control” of its destiny and remaining a major independent force in the music and tech industry. Read More

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