SoundCloud Rescued and Installs New CEO, TIDAL Names New CEO Too, Amazon Eyes U.S. Ticketing

SoundCloud Accepts $170 Million Rescue, Taps New CEO to Replace Alex Ljung. The Raine Group, a boutique merchant bank, joined with the Singapore-based investment company Temasek, in leading a $169.5 million investment round that infuses SoundCloud with much-needed cash, and former Vimeo CEO Kerry Trainor succeeds founder Alex Ljung as chief executive. 3 Things Soundcloud… Continue reading SoundCloud Rescued and Installs New CEO, TIDAL Names New CEO Too, Amazon Eyes U.S. Ticketing

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SoundCloud Speculation Continues, Apple Courting Indian Music Company, Sony Music Has Huge Q1

Could A Major Label Have Rescued Soundcloud? According to MBW, “SoundCloud’s first-on-the-ground relationship with millions of musicians could be of immense strategic A&R value to any large rights-holder interested in being first to frontline signings.” Spotify Is Set To End 2017 With 70M Subscribers And $5B In Revenue. Spotify’s growth rate looks healthy, according to… Continue reading SoundCloud Speculation Continues, Apple Courting Indian Music Company, Sony Music Has Huge Q1

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