Alex Ljung has stepped down as CEO under the new investment plan led by The Raine Group and Temasek.
WeTransfer's founder Damian Bradfield is hoping to patronize the music industry's next big thing.
Lil Tracy, Fat Nick, and Soraya LaPread will play a free launch show in L.A. on July 20.
Chance The Rapper tweeted out that troubled platform Soundcloud is "here to stay."
London-based radio station Rinse FM has had its archives removed from SoundCloud
Check out the best memes of Bandcamp artists vs. Soundcloud artists.
SoundCloud has shared data from the past year. The site's top album was Chance The Rapper's Coloring Book.
In 2015, SoundCloud posted a $53 million loss.
Google is Reportedly Considering Buying SoundCloud
SoundCloud says it will still remove copyrighted material at the request of creators.
SoundCloud will no longer remove DJ mixes for copyright infringement after signing deals with licensing companies.