Soundcloud Grabs Big Funding Round and Could Possibly Launch its Own Ad Supported Music Streaming Service

soundcloud music streaming ad supported

Soundcloud has just raised a new round of funding, $60 million at a valuation of $700 million. However, the most important news is that Soundcloud could be pursuing licensing deals with record labels to legalise their streaming service.

Soundcloud has a very different community from YouTube and it seems as though an ad-supported option is logical.

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