MUSIK !D TV

After the whole mayhem about SoundCloud closing down, it seems that they need more than $170 million, which is how much they have in their emergency stash. Alexander Ljung, former CEO of SoundCloud, suggested a sober forecast for advisability. In July, it has been reported that 173 employees was let go and shut down offices across the world. SoundCloud Go has been unsuccessful due to low subscription count. German regulators believed that SoundCloud will be in a unfortunate p

After the madness of SoundCloud ending its service, it's been revealed that the company is here to stay. There were some alterations with the guard, so they hired a new chief operating officer, Kerry Trainor. Alexander Ljung, co-founder of Soundcloud, bumped up to a new position as the Chairman of SoundCloud. Eric Wahlforss, another co-founder, is upgraded to the Chief Product Officer. "Now in its 10th year, I'm proud to say SoundCloud stands as an indispensable part of glo

Who will eventually own SoundCloud? We might have celebrated too soon when we found out that the streaming service is negotiating a potential deal with Raine Group and Temasek. So what is the issue? Industry insiders believe that partnering with investment firms will squeeze the magic out of the streaming service that many music connoisseurs have grown to love. According to Music Business Worldwide, a source close to the company’s situation said: “SoundCloud plays a unique ro

We at Musik !D TV have voiced our concern for SoundCloud's future after they laid off 40 percent of its staff and closed their San Francisco and London offices. Now, there's no need for us and fellow musicians to be concerned because SoundCloud may be selling stakes to two major investors. Bloomberg reported that Raine Group, a boutique bank who invested in Vice Media Inc.and advised Softbank Group Corp. on its acquisition of Sprint Corp.; and Temasek Holdings, Singapore’s st