ITP V.017 THE MUSIC BUSINESS: IS SOUNDCLOUD SHUTTING DOWN?

ITP V.017 THE MUSIC BUSINESS: IS SOUNDCLOUD SHUTTING DOWN?

World know digital music server SOUNDCLOUD have downsized
the companies over head via a 40% employee layoff effective 7/12/2017. The unprecedented SOUNDCLOUD employee layoffs have provoked speculation  the music server is going down.
SOUNDCLOUD apparently have enough funds for another 80 days into the fourth quarter (fall of 2017).




Digital music server SOUNDCLOUD have spurred the rise of newer hip hop, rock and extreme metal artists.  Metal record companies have used SOUNDCLOUD primarily for streaming promotional campaign singles. 





FROM NYMAG.COM:
http://nymag.com/selectall/2017/07/soundcloud-shutting-down-what-happens-to-the-music.html


FROM SONICSCOPE:
 https://www.sonicscoop.com/2017/07/15/is-soundcloud-shutting-down-recommended-safety-nets/

FROM BILLBOARD:
http://www.billboard.com/articles/columns/hip-hop/7866057/chance-the-rapper-soundcloud-here-to-stay

FROM TECHCRUNCH:
https://techcrunch.com/2017/07/12/soundshroud/


Thanks-Stay Metal, Stay Brutal-\m/ -l-