SoundCloud's in trouble
July 14, 2017 6:22 AM Subscribe
SoundCloud lays off 40% of its staff, only has enough money to make it to the next quarter. The audio streaming service, while popular with amateur and semi-professional musicians and podcasters, has struggled to find a viable business model that would make it competitive with the likes of Spotify and Apple Music. If it shuts down, it would mean the loss of a huge repository of music not found elsewhere. Perhaps Chance the Rapper (one of the many rappers who have achieved fame via SoundCloud) will save it?
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