Tag: SoundCloud

Breaking: SoundCloud’s CEO Officially Responds to Bankruptcy Shutdown Rumors

SoundCloud CEO Alex Ljung is battling back against persistent shutdown rumors.  That includes information pointing to a near-term shutdown of the entire operation within 50 days.  Just last week, the company laid off 173 employees and shut down two offices.  Lavish offices, pricey employee perks, and expensive licensing deals with persistent losses were blamed. Just this […] The post Breaking: SoundCloud’s CEO Officially Responds to Bankruptcy Shutdown Rumors appeared first on Digital Music News. ...

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