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ibusinesslines.com July 28, 2017


Chance the Rapper Announces That 'SoundCloud Is Here to Stay'

17 July 2017, 03:25 | Myron Mathis

Soundcloud may be on its knees but Chance the Rapper says it's

Soundcloud Logo

"Just had a very fruitful call with Alex Ljung".

SoundCloud CEO Alex Ljung said in an announcement, "SoundCloud is not going away".

In addition to the staff cuts, it is expect that offices in San Francisco and London will be closed with only the NY and Berlin headquarters remaining. "And it's just that, noise".

The three-time Grammy victor also asked fans to shout-out the music they discovered on SoundCloud through the years.


Struggling music streaming service SoundCloud has rubbished claims that the company could be shutting up shop, amid reports that it only has enough money to last until the fourth quarter of this year. "Not in 50 days, not in 80 days or anytime in the foreseeable future". You can read that in full below. If you're hosting and sharing music, podcasts or other content from SoundCloud, you should start thinking about a Plan B, as you should for all cloud services - especially free ones.

"Along with each of you, we've built this incredible creative community of artists, podcasters, DJs, producers and more who are the driving force in pushing culture forward in the world".

Chance, whose career began thanks to SoundCloud, recently Tweeted out a message which seemed to indicate that he has had contact with SoundCloud's CEO, and tried to organise a resolution to the company's apparent crisis. "Your music is safe", he wrote. That's not going to change.



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