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SoundCloud Is The Go-To Music Storage Streamer. But Now There Are Warnings It May Go Bankrupt

MUSIC Posted: January 10, 2017 12:27 pm

There are reports that “Google showed interest in purchasing the company. SoundCloud currently boasts more than 175 million users around the world. While Spotify may have purchased the company for its 2014 $1 billion price, Google may spend just $500 million. The Big 3 labels – Universal, Sony, and Warner – own stakes in SoundCloud Ltd. If Google purchases the music streamer, the Big 3 will get a windfall.”

MUSIC Published: 01.09.17

Read the story in Digital Music News Published: 01.09.17

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