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A SoundCloud Demise Would Create A Void For Indie Artists

No Comments 30 July 2016

A SoundCloud Demise Would Create A Void For Indie Artists

From the Music 3.0 blog: SoundCloud is seeking a buyer, and that could make it much more difficult for indie music artists across all genres to have their music heard. The streaming music service is reportedly seeking a sale in the $1 billion range in a deal that could alter that part of the music landscape for a long time.

According to Bloomberg, SoundCloud execs are currently mulling over a strategy that would result in the sale of the company. No potential buyer has been identified however, and one may not be on the horizon at the valuation the company appears to be asking. Either way, it’s beginning to look as if the streaming service’s days are numbered, at least in the form that we know it today. Click on the link below to read more…

Author: Bobby Owsinski, Music 3.0

Read more: http://music3point0.com/2016/07/29/soundcloud-demise-void-indie-artists/#ixzz4FuxoDnNQ
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